on Coinsilium Group Limited (isin : VGG225641015)
Coinsilium's Strategic Update on Yellow Network and Treasury Position
Coinsilium Group Limited has announced a strategic partnership update ahead of the Yellow Network token launch. As a longstanding supporter of the Yellow Network, Coinsilium clarifies the utility nature of the YELLOW token, aligning with regulatory frameworks in major jurisdictions. The token is designed for functional purposes such as collateralising state channels and paying settlement fees, without ownership rights or profit-sharing mechanisms.
Coinsilium is set to receive $200,000 in YELLOW tokens post-launch, under a 2022 agreement. There is potential for further collaboration, focusing on decentralisation and ecosystem growth. They will also attend the Consensus Hong Kong 2026 event, alongside Yellow Network representatives.
Coinsilium reports its BTC reserves valued at £12.62 million and total liquidity at £14.18 million. This positions them for future growth within the digital asset sector.
R. P.
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