26 October 2018 | General News

Reuters report on Coinsilium

Coinsilium, a London-based investor in the technology that underpins digital currency bitcoin, plans to revive its delayed initial public offering (IPO) by seeking a listing on a junior stock market run by broker ICAP.

The decision to list on the ICAP Securities and Derivatives Exchange’s (ISDX) growth market comes after the company announced in September that it had scrapped its plan to list on London’s more established AIM junior market.

Coinsilium’s Executive Chairman Cameron Parry told Reuters that the decision to pursue an IPO on ISDX was linked to listing requirements he said were more favorable with the ICAP bourse.

“The ISDX is the best fit for Coinsilium,” he said, without giving specific details.

John Holland, senior partner at consultancy Holland Bendelow, said that ISDX is still in its infancy and has yet to capture a large institutional investor following, though the costs of joining are lower than for AIM.

Extract courtesy of Reuters

Similar Articles

5 February 2015 | AIM Market

AIM stock market rivals join forces

AIM stock market listed engineering recruiter Matchtech has agreed to acquire rival AIM stock market listed recruiter Networkers International plc. Established in 1984 …

Read More
4 August 2010 | General News

2011 survey shows AIM in good health

The most recently published survey of AIM companies and investors shows that there are strong grounds for optimism about the future of AIM …

Read More
17 January 2018 | General News

Global Keysoft raise a further £3.5m

It’s a pleasure to announce that Global Keysoft have raised a further £3.5m to support their growth. The company has now launched a …

Read More