COINSILIUM
GROUP LIMITED
("Coinsilium" or the
"Company")
Coinsilium Group
Limited: Strategic Advisory Services Agreement with Stabolut
Decentralised Yield-Generating Stablecoin
London, UK, 2 October 2024 –
Coinsilium Group Limited (AQSE: COIN) (OTCQB: CINGF), the Web3
investor, advisor, and venture builder is pleased to announce that
it has entered into an agreement with Stabolut Limited
(“Stabolut”), a decentralised, crypto-backed, and yield-generating
stablecoin venture to provide strategic advisory services in
support of Stabolut’s forthcoming stablecoin and governance token
launch slated for launch in Q4 2024.
Key
Highlights:
-
Strategic
Advisory Role: Coinsilium
will provide strategic guidance and expertise in tokenomics,
partnerships, and market positioning to support Stabolut’s
go-to-market strategy.
-
Rapidly Growing
Stablecoin Market: The
global stablecoin market is currently valued at USD172
billion* and forecast to grow to USD16 trillion by
2030.
-
Crypto-Backed
Stablecoin: Stabolut’s
stablecoin is backed by cryptocurrencies like Bitcoin and Ethereum,
providing enhanced decentralisation and independence from
traditional financial systems.
-
Partnership
Leverage: Stabolut has also
partnered with Yellow Capital and Dextools to accelerate its
go-to-market strategy.
*
https://coinmarketcap.com/view/stablecoin/
About
Stabolut:
Stabolut is
a decentralised stablecoin platform that offers a unique
crypto-backed, yield-generating stablecoin. Unlike traditional
stablecoins that rely on fiat reserves held by banks, Stabolut’s
stablecoin is backed by major cryptocurrencies such as Bitcoin and
Ethereum. This crypto-collateralisation not only supports its stability
but also eliminates the reliance on traditional financial
institutions, making the stablecoin more transparent, secure, and
resilient to centralisation risks such as frozen funds or
regulatory interventions.
The stablecoin maintains its peg to
the US dollar through a delta-neutral derivatives strategy,
providing users with a stable, decentralised alternative to
traditional fiat-backed stablecoins like USDC and USDT. Stabolut’s
offering includes a comprehensive ecosystem of financial services,
including private, instant money transfers, payment products, and
seamless peer-to-peer transactions.
With a mission to lead the future
of decentralised finance (DeFi), Stabolut is focused on delivering
financial solutions that preserve user privacy while ensuring
transparency and security. The company’s founding team comprises
experienced entrepreneurs with a track record of successful exits
in the tech and crypto sectors, bringing strong leadership and
market credibility to the venture.
Stabolut will also
leverage its key partnerships with Dextools and Yellow Capital
in respect of
community building and market making services. Dextools is a
leading platform for cryptocurrency traders with over 20m monthly
users and provides a comprehensive set of tools and analytics
specifically for decentralised finance (DeFi) markets. Yellow
Capital is a leading venture capital and crypto market maker firm
focused on supporting crypto projects.
Strategic Advisory
Services:
Under the terms of the advisory
services agreement, Coinsilium will provide Stabolut with
comprehensive strategic guidance and support in the areas of
tokenomics, partnerships, and market positioning. This
collaboration is designed to enhance Stabolut’s ability to deliver
a next-generation stablecoin
to a rapidly growing market. Coinsilium brings a wealth of industry
expertise and a broad network of institutional partners and service
providers, all of which will be invaluable in the early stages of
Stabolut’s development and launch.
Coinsilium’s proven
track record in supporting innovative blockchain projects will help
Stabolut capitalise on the projected growth of the stablecoin
market, which is forecast to grow to USD USD16 trillion by
2030.
Leadership
Comments:
Eneko Knorr, Co-Founder and CEO of
Stabolut, commented:
“We are thrilled
to benefit from Coinsilium’s expert advisory services as we work to
introduce a new standard in the stablecoin sector. Their strategic
guidance will be crucial as we continue our mission to deliver a
yield-generating, decentralised stablecoin that offers transparency
and operates independently of the traditional banking
system.”
Eddy Travia, Chief Executive of
Coinsilium, commented:
“Stabolut brings
an innovative solution to the stablecoin market, addressing key
challenges such as centralisation and lack of transparency. We are
most excited to collaborate with their talented team and to support
their efforts in reshaping the future of decentralised
finance.”
Stabolut is on
track to launch its platform, with the Token Generating Event (TGE)
slated for Q4 2024. We are confident that our partnership, along
with other key collaborations with Dextool.io and Yellow Capital,
will provide robust support, helping to establish a strong market
presence and drive significant user adoption”
The Directors of
Coinsilium Group Limited take responsibility for this
announcement.
Coinsilium Group
Limited
Malcolm Palle, Executive Chairman
Eddy Travia, Chief Executive
|
+350 2000 8223
+44 (0) 7785 381 089
www.coinsilium.com
|
|
|
Peterhouse
Capital Limited
(AQUIS Growth Market Corporate Adviser and
Corporate Broker)
|
+44 (0) 207 469 0930
|
|
|
SI Capital
Limited
Nick Emerson
(Broker)
|
+44 (0) 1483 413 500
|
Notes to
Editor
About
Coinsilium
Coinsilium is an investor, advisor
and venture builder at the forefront of Web3 convergence. The
Company invests in and accelerates Web3 and AI powered technology
start-ups whilst supporting their development and
commercialisation.
Coinsilium also provides strategic
advisory services to start-ups looking to issue tokens through
token generation events.
Coinsilium’s wholly owned
subsidiary Coinsilium (Gibraltar) Limited is the Company’s
operational hub in Gibraltar. Coinsilium shares are traded on the
Aquis Growth Market in London, under the ticker symbol "COIN", and
on the OTCQB Venture Market in the United States under the ticker
symbol "CINGF”.
About
Stabolut
Stabolut is a decentralised,
crypto-backed stablecoin venture that offers a yield-generating and
privacy-preserving financial solution. By utilising delta-neutral
derivatives, Stabolut’s stablecoin is securely pegged to the US
dollar, backed by major cryptocurrencies like Bitcoin and Ethereum.
Operating independently of traditional banking institutions,
Stabolut aims to provide a secure, transparent, and
freeze-resilient stablecoin that addresses the limitations of
centralised financial systems. Designed for individuals and
institutions alike, Stabolut is committed to reshaping the
stablecoin landscape and empowering users with true financial
sovereignty.
For more
information, visit: www.stabolut.com.