Coinsilium Group Limited Investee Company Update

 
TIDMCOIN 
 
23 August 2016 
 
                           COINSILIUM GROUP LIMITED 
 
                         ("Coinsilium" or the "Group") 
 
                 FACTOM ANNOUNCES COLLABORATION WITH INTRINIO 
 
Coinsilium Group Limited (ISDX:COIN), the ISDX quoted blockchain technology 
investment and development company, is pleased to announce that Factom Inc. 
('Factom'), a company in which Coinsilium has a 1.9% equity interest, has 
announced a collaboration with Intrinio, making "immutable US stock market data 
available to the world." 
 
Following the announcement Factom's Chairman David Johnston stated, "Intrinio 
is providing financial market data to Factom helping us build the foundational 
data sets for our users to audit their financial records. By publishing all 
these different stock prices on Factom, developers now have a reliable way to 
build their financial applications, and since the blockchain is stored forever 
on a distributed basis, this is a resource that grows every day and the wealth 
of past knowledge is always available to verify, without everyone having to 
store the data locally in their application." 
 
Coinsilium CEO Eddy Travia commented: "We are delighted to release another 
announcement this summer regarding Factom's ongoing collaborations and projects 
to put data on the blockchain. These collaborations make it easier for both the 
technology and financial sectors to access and work with more reliable data 
than ever before and could lead to arguably revolutionary developments, with 
far-reaching implications. Within the wider arena we are beginning to see 
the innovations that result from the sharing of information. I am eager to see 
how financial institutions and fintech startups will use these tools in 
creative and productive ways". 
 
The full announcement from Factom can be found at https://www.factom.com/ 
intrinio-factom-announce-collaboration/. 
 
The Directors of Coinsilium take responsibility for this announcement. 
 
Notes to Editor 
 
About Factom 
 
Factom Inc. is at the forefront of the blockchain revolution. Governments and 
corporations find Factom to be a relevant solution to many pressing data 
security problems. The Factom data layer integrates into existing systems and 
makes them immutable, extending the transparency inherent within a blockchain, 
validated by math. Developers can now create a new level of trust and 
transparency with real-world implications on the open source Factom platform. 
 
About Intrinio 
 
Intrinio built its API and pricing model to appeal to application developers 
looking for specific data types at a price point that is profitable for the 
developer. Test and build using 500 daily API calls for free indefinitely, then 
as your business ramps up select from paid plans. Fundamental, economic, price, 
and earnings estimate data does not get more affordable or easier to integrate. 
 
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  Coinsilium Group Limited      [phone] 
Kssis 
 
Peter Shea / Asha      Daniel Stewart & Company      [phone] 
Chotai                 (Corporate Adviser) 
 
Nick Emerson / Andy    SI Capital Limited            [phone] 
Thacker                (Broker) 
 
Jan Skoyles            Coinsilium Group Limited      [e-mail] 
                       (Marketing) 
 
 
 
END 
 

(END) Dow Jones Newswires

August 23, 2016 11:01 ET (15:01 GMT)