Coinsilium, the early stage blockchain investment company with offices at Canary Wharf's Level 39, is launching an equity crowdfunding campaign with seasoned fund raising platform Seedrs.
The campaign will participate in the initial public offering of Coinsilium, which supports early-stage companies through investment, advisory and education.
Shares in Coinsilium will be quoted on the ICAP Securities and Derivatives Exchange (ISDX) Growth Market in London.
Coinsilium, which was formed in 2014, has built up a portfolio of interests in eleven blockchain fintech related companies.
Current investments by Coinsilium include: SatoshiPay, a nano-payment gateway for the consumption of online content; Fuzo, a digital wallet and financial services provider for the world's unbanked and underbanked; Factom, facilitating immutable data management and transfer; security application developer, Rivetz; blockchain API provider, Neuroware; cryptocurrency payment gateway and analytics provider, CoinSimple; and bitcoin trading and savings platform, Magnr.
As well as investing in early stage blockchain fintech companies, Coinsilium has established Block Chain Space, a wholly-owned accelerator program and technical training lab due to launch in Barcelona in Q1 2016.
Cameron Parry, executive chairman, Coinsilium Group Limited said in a statement: "Coinsilium is the culmination of two years work in the blockchain industry and we are excited to now provide public investors the opportunity to gain exposure to this fast moving disruptive technology space. We are delighted to have Seedrs offer an allocation of our IPO through their platform, giving their members the ability to secure a position in the IPO."
Seedrs has seen a steady increase of interest in companies wishing to explore crowdfunding campaigns to support IPO's on the platform, and is currently working with multiple partners on potential IPO crowdfunding campaigns in the near future.
Thomas Davies, chief investment officer, Seedrs said: "We are excited to be working with a cutting-edge blockchain investment company such as Coinsilium on their IPO. The interest in blockchain technology has skyrocketed recently, so being able to provide the opportunity for our investors who may not otherwise have been able to participate, but are now able to be part of Coinsilium's IPO via Seedrs, is tremendously exciting."
Seedrs has funded over 270 deals to date, and on average raised up to £3.5m per month. It is backed by star fund manager Neil Woodford, Lord Rothschild's Augmentum Capital, Faber Ventures and over 1,000 of its own customers.