Coinsilium completed a £2.7875 million fundraising for strategic development in the digital asset sector.

PANews, July 3 - British listed company Coinsilium Group Limited announced the successful completion of a round of accelerated placing financing, raising £2.7875 million. This round of financing issued 15,486,111 new ordinary shares to institutional investors through Peterhouse Capital, SI Capital, and Oak Securities, at an issue price of £0.18 per share, a discount of 10% compared to the Closing Price on July 2. The new shares are expected to officially start trading on July 8. The proceeds from this financing will be used to support the company’s strategic development in the digital asset field. According to previous news, the listed company Coinsilium increased its holdings by approximately 15.41 bitcoins, raising the total holdings to about 73.73 bitcoins.