Coinsilium Cashes Out on SatoshiPay
Big news from the London-based Blockchain world! Coinsilium has officially offloaded its entire stake in SatoshiPay to Blue Star Capital, and they’re not holding back on the price – a cool 340 euros per share. That’s right, it’s raining euros in the fintech sector!
A Sweet Deal with Blue Star Capital
The cherry on top? Coinsilium didn’t just walk away empty-handed; they walked away with 85 million warrants for Blue Star shares, which can be exercised over the next three years. Talk about a strategic exit!
SatoshiPay’s Rise in the Crypto Scene
As cryptocurrencies gain traction and enter the mainstream conversation, SatoshiPay is riding the wave as a reputed processor of nanopayments for content. The company is enhancing its two-way payment platform in collaboration with the IOTA Foundation, aiming to make paying for content as easy as a Sunday morning!
Blue Star Capital’s Strategic Focus
Blue Star Capital is keeping its eyes on the prize, focusing on technology applications in media and gaming. With an ever-growing micro-fee marketplace, they believe there’s golden opportunity in content exchange systems. Innovation is the name of the game!
Coinsilium’s Next Steps
After two years of partnership with SatoshiPay, Coinsilium wants to spread its wings and explore new blockchain horizons. CEO Eddy Travia is exhilarated about the directions they might take, stating, “This is a most exciting time to be at the forefront of the Blockchain technology industry and the emerging Token Economy.” So, hold on to your hats – big news is on the horizon!
Impressive Returns on Investment
Coinsilium’s successful sell-off resulted in a jaw-dropping return of over 350% on its initial investment in SatoshiPay. Not too shabby for a couple of years of business – let’s hope their next strategic moves are just as fruitful!
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