StockMarketWire.com - Blockchain venture builder Coinsilium Group said Tuesday Blockwater Capital bought a 7.4% stake in the company's investee StartupToken for about £0.195m.

The investment valued StartupToken at £2.6m, representing a 116% increase on Coinsilium's 30% stake in the company.

Coinsilium's seed capital investment in November 2017 of £360,905, was now worth £722,222, an increase of 100% compared to the original investment.

Following the latest round of investment, Coinsilium's equity shareholding in StartupToken would stand at 27.8%, the company said.




Story provided by StockMarketWire.com