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Coinsilium's Malcolm Palle updates on new deals and active management of crypto

Coinsilium Group Limited's (LON:COIN) chairman Malcolm Palle joined Proactive's Katie Pilbeam to round off what's been a busy week of news for the blockchain and crypto venture group. It's now begun active management of cryptocurrencies its holds in treasury, while also extending its initial staking activities. As of this morning the value of its fully vested crypto and token treasury is US$575,134 and predominantly denominated in “highly liquid” cryptos such as Bitcoin and Ethereum. Palle also talks through an MoU signed by its joint venture, IOV Asia, with Vietnamese firm RedFOX Labs to build a fast scaling internet business on and for the RSK blockchain in Southeast Asia. Plus he adds a bit of colour to the news they've signed their first decentralised finance (DeFi) deal with skills validation platform Indorse.

Quick facts: Coinsilium Group Limited

Price: 2 GBX

AQSE:COIN
Market: AQSE
Market Cap: -
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Coinsilium Group Limited's (LON:COIN) Eddy Travia caught up with Proactive London's Andrew Scott after announcing they're undertaking a strategic review of the business to capitalise on opportunities in the decentralised finance (DeFi) and crypto finance sector space. He says the global crypto...

on 14/7/20

2 min read