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COINSILIUM GROUP LIMITED - Investee Company Update

COINSILIUM GROUP LIMITED - Investee Company Update

COINSILIUM GROUP LIMITED - Investee Company Update

PR Newswire

12 August 2016

COINSILIUM GROUP LIMITED?

(“Coinsilium” or the “Group")

MEXBT ANNOUNCES A TEMPORARY SUSPENSION TO REVIEW ITS OPERATIONS

MeXBT, a company in which Coinsilium Group Limited (ISDX:COIN), the ISDX quoted blockchain technology investment and development company, has a 17.64% equity interest in, has announced a temporary suspension to conduct a review of its exchange operations.

As of August 12th 2016, the management of MeXBT has posted a message in Spanish language on its home page which is translated into English below:

“Dear Users: We are making a temporary suspension for a review of the operations of the meXBT exchange.

All accounts of our users will remain on the same terms and we will resume consultations, deposits and withdrawals as soon as meXBT operations are restored.

All questions from our users may be directed to [email protected].”

The management of meXBT has not disclosed the motives for the review but has assured to update the meXBT stakeholders as soon as the review is complete.

The Directors of Coinsilium take responsibility for this announcement.

Notes to Editor

About meXBT

MeXBT has launched in November 2014 as a digital currency exchange in Mexico and has since then expanded its operations internationally through deals and partnerships with other exchanges in Latin America and in Asia. MeXBT has recently been focusing on cross-border transfers for small and medium-sized enterprises (SMEs) in emerging markets and participated earlier this year to an accelerator program in Shanghai, China.

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 Kssis Coinsilium Group Limited +44 (0) 207 099 0740
Peter Shea / Asha Chotai Daniel Stewart & Company (Corporate Adviser) +44 (0) 207 776 6550
Nick Emerson / Andy Thacker SI Capital Limited (Joint Broker) +44 (0) 1483 413 500
Jan Skoyles Coinsilium Group Limited (Marketing) [email protected]

Quick facts: Coinsilium Group Limited

Price: 2.75

Market: NEX
Market Cap: 0
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