Coinsilium Group Limited Investee Company Update
July 21 2016 - 9:36AM
UK Regulatory
TIDMCOIN
21 July 2016
COINSILIUM GROUP LIMITED
("Coinsilium" or the "Group")
SATOSHIPAY VISA COLLABORATION
Coinsilium Group Limited (ISDX:COIN), the ISDX quoted blockchain technology
investment and development company, is pleased to announce that SatoshiPay Ltd
('SatoshiPay') a company in which Coinsilium has a 14.5% equity interest, has
partnered with Visa Europe's innovation department Collab in the provision of
support for paid videos and downloads such as PDF, office software documents
and e-books.
Coinsilium CEO Eddy Travia commented: "As a lead investor and early supporter
of SatoshiPay's nanopayments technology, we are delighted to see the progress
made by Meinhard Benn and his team as demonstrated by the platform's traction
and their partnership with Visa. This is a testimony to SatoshiPay's leadership
in the nanopayments space. We believe that this partnership will open doors to
numerous applications in online content consumption and Internet of Things for
the benefit of the SatoshiPay users and clients around the world. This is a
significant step in the right direction for Meinhard and the team."
SatoshiPay is a blockchain-based nanopayments company that enables content
publishers to facilitate nanopayments, generating new revenue streams by
allowing the monetisation of content on a nano-scale.
The Directors of Coinsilium take responsibility for this announcement.
Notes to Editor
About SatoshiPay
SatoshiPay is headquartered in London with development lead through its office
in Berlin. Angel funding for SatoshiPay Ltd was supplied by Axel Springer Plug
& Play and Henning Peters, seed funding was raised through publicly listed
companies Coinsilium Group (ISDX:COIN) and FastForward Innovations.
Development of SatoshiPay's nanopayment product started in April 2015 and its
beta version was released in February 2016. Find frequently updated information
at the company's website https://satoshipay.io, its blog https://medium.com/
@SatoshiPay and Twitter @SatoshiPay.
About Coinsilium Group
Coinsilium is a London-based blockchain technology focused investment and
development company, supporting early-stage blockchain companies through
investment, acceleration, development and education.
Coinsilium is the world's first blockchain technology focused company to be
admitted to trading on an Exchange Regulated Market and has a portfolio of
interests in blockchain companies and projects. In addition to pursuing its
investment strategy Coinsilium is able to offer a suite of services including
corporate/business advisory, CPD accredited training & education, investment
solutions, in-house development and other professional services to blockchain/
fintech companies and major corporates wanting to learn more about blockchain
technology and its implications to the way the world transfers value over the
internet.
For further information please visit http://www.coinsilium.com/
Or please contact the following:
Eddy Travia / Laurent Coinsilium Group +44 (0) 207 099 0740
Kssis Limited
Peter Shea Daniel Stewart & +44 (0) 207 776 6550
Asha Chotai Company
(Corporate Adviser &
Joint Broker)
Nick Emerson / Andy SI Capital Limited +44 (0) 1483 413 500
Thacker (Joint Broker)
Jan Skoyles Coinsilium Group janskoyles@coinsilium.com
Limited (Marketing)
END
(END) Dow Jones Newswires
July 21, 2016 09:36 ET (13:36 GMT)