Eddy Travia, Coinsilium's Chief Executive has been in the blockchain technology industry since 2013, where Coinsilium's roots can be traced back to as one of the world's first digital currency start-up incubators.

In 2014 Eddy co-founded Coinsilium which listed on the NEX Exchange in London the following year. Coinsilium's shares (NEX: COIN) can be traded through most stockbrokers.

"Unlike the internet boom of the nineties, there are few options offering retail investors exposure to the booming blockchain technology space." said Eddy. "Coinsilium holds a portfolio of blockchain investments and our experience, understanding and network have allowed us to make some big leaps from a number of relatively small initial investments."

An example of this is RSK, now IOV Labs, which has built a smart contract capability through a 2-way peg or "Side-Chain" secured by the Bitcoin blockchain.

IOV Labs has grown significantly since its private token sale in November 2018 and now employs 100 staff globally. "Although our initial investment in RSK in 2016 was quite modest, it came at a crucial time and triggered follow-up investments from some well-known industry players such as Digital Currency Group."

Another liquidity event occurred in 2017 when Coinsilium sold its 14.5% stake in SatoshiPay Ltd at an uplift of 362.6%.

Coinsilium also invested in Blox, a leading enterprise crypto-accounting platform and Indorse, a skills validation platform using blockchain to create efficiencies within the burgeoning recruitment technology sector. Indorse has offices in Singapore and London and now has its sights on expansion into the US market. In 2019 Indorse completed an investment from Times Group, India's largest media house, valuing the business at US$15m. This was another leap for Coinsilium representing an uplift of 350% on its initial investment just two years earlier. Indorse was recently recognised by global research outfit Tracxn as a "Minicorn" or potential Unicorn. Both Blox and Indorse are now generating meaningful revenues.

"The Blockchain industry is expanding rapidly and we have to remain agile. Our proven track record is mainly attributable to our position at the vanguard of the technology, but there is also significant value in our network and experience". Eddy continues, "In 2020, investors should expect to see us further leveraging our network and creating joint ventures with major players such as the partnership we recently announced with IOV Labs for the Asian markets."

Coinsilium is also strengthening its ties with Gibraltar where Chairman Malcolm Pallé is now based and spearheading Coinsilium's latest venture, TerraStream, a blockchain technology development studio in partnership with Devmons in Gibraltar. Commercial operations are targeted for Q1 this year.

For more information on Coinsilium please visit their website at Coinsilium.com For market information visit nexexchange.com search "COIN".

In 2014 Eddy co-founded Coinsilium which listed on the NEX Exchange in London the following year.

(c) 2020 City A.M., source Newspaper