Coinsilium Group Limited (AQSE:COIN, OTCQB:CINGF, FRA:5CT, add has increased its investment in Predictive Labs to US$450,000 after the venture’s Nijinn prediction-markets analytics platform reached its latest development milestones and began operating end to end as an integrated Alpha.
The Aquis-listed digital asset venture builder is subscribing for a further US$100,000 of preference shares, lifting its stake in Predictive Labs to approximately 14.91% from 11.99%. Coinsilium retains the right to invest another US$50,000 under the initial US$500,000 investment stage, which would take its interest to about 16.29%.
Predictive Labs has completed Milestone 4 and the Stage 2 deliverable for Nijinn, including delivery of the Alpha user interface and Indexing Engine.
Its core user experience now covers market discovery, analytics, watchlists and account functionality, while development of Nijinn Pro includes cross-venue arbitrage, informed directional trading, market making and real-world hedging tools.
Coinsilium chief executive Eddy Travia said completion of Stage 2 “represents another important step in the development of the platform”, adding that the milestones provided the basis for increasing the company’s investment.
Predictive Labs is now moving towards user acceptance testing and the live minimum viable product stage.
Nijinn’s free version is expected to launch following Pioneer Circle testing, with a broader public launch targeted for September and the commercial Nijinn Pro tier planned around Token2049 in Singapore in early October.
