ICOs Advisory Firm StartupToken Secures Investment from Coinsilium Group

[kreslik.news]

Coinsilium Group Limited (NEX:COIN), the London-based blockchain venture investment fund, confirmed today that it has completed its investment of nearly $500,000 in StartupToken, a provider ICOs advisory services to cryptocurrency start-ups.

The Blockchain-focused investment company has agreed to purchase 30 percent equity stake in StartupToken and will have the option to hike its stake by a further 6.4 percent via a six-month convertible loan of $100,000, with 5% annual interest.

The transaction has an enterprise value of circa £1.2 million. Coinsilium Group will pay £360,905 through a combination of shares and cash payments. Coinsilium also said its chief executive, Eddy Travia, had agreed ... (read more)