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Largest crowdfunding platform in Europe will be crowdfunding Coinsilium’s IPO.
Seedrs announced today that it has launched an equity crowdfunding campaign to participate in the initial public offering (IPO) of Coinsilium Group Limited, a blockchain investment company that supports early-stage companies through investment, advisory and education.
Shares in Coinsilium will be quoted on the ICAP Securities and Derivatives Exchange (ISDX) Growth Market in London.
Coinsilium, which was formed in 2014, has built up a portfolio of interests in eleven blockchain fintech related companies, providing investment as well as services including corporate/business advisory, technical consultancy, co-investment solutions, brand positioning and other professional services.
A blockchain is an immutable decentralised database that chronologically records the digital transfer of ownership of assets. The first and most widely known application of a blockchain is bitcoin. The blockchain and bitcoin industry is forecast to see investment from angel investors and venture capitalists of up to $786m in 2015, up from $335m in 2014, with high profile investors participating such as Virgin Group’s Richard Branson, LinkedIn Co-Founder Reid Hoffman, and PayPal Co-founders Peter Thiel and Max Levchin.
Cameron Parry, Executive Chairman, Coinsilium Group Limited commented: “Coinsilium is the culmination of two years work in the blockchain industry and we are excited to now provide public investors the opportunity to gain exposure to this fast moving disruptive technology space. We are delighted to have Seedrs offer an allocation of our IPO through their platform, giving their members the ability to secure a position in the IPO.”
The Coinsilium crowdfunding campaign on Seedrs and admission to trading on London’s ISDX Growth Market will see it become the world’s first blockchain technology investing company to IPO and be quoted on a Recognised Investment Exchange.
Seedrs has seen a steady increase of interest in companies wishing to explore crowdfunding campaigns to support IPO’s on the platform, and is currently working with multiple partners on potential IPO crowdfunding campaigns in the near future.
Thomas Davies, Chief Investment Officer, Seedrs said: “We are excited to be working with a cutting-edge blockchain investment company such as Coinsilium on their IPO. The interest in blockchain technology has skyrocketed recently, so being able to provide the opportunity for our investors who may not otherwise have been able to participate, but are now able to be part of Coinsilium’s IPO via Seedrs, is tremendously exciting.”
