Trading Light and Uneventful After Crypto's First IPO Listing

Trading in shares of Coinsilium, which debuted on ICAP’s Securities and Derivatives Exchange’s (ISDX) growth market on Friday, has been light and uneventful thus far.

Coinsilium, according to its website, is a Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term technology investment and development company. The bulk of the nine companies it has invested in are engaged entirely in Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term as a currency/asset.

The firm is the first in the crypto industry to go public via the IPO process. It was originally aiming to IPO on London Stock Exchange's Alternative Investment Market (AIM) this past August, but it later switched to ICAP's ISDX because of what it said were more favorable listing requirements.

With the IPO, the firm beat Australia-based bitcoin miner Bitcoin Group to the finish line. Bitcoin Group has been attempting to complete its IPO process for over a year but has encountered multiple delays due to concerns by the Australian Securities and Investments Commission (ASIC). It is tentatively scheduled to go live in February, and would be the first to IPO on a major stock exchange.

Shares of Coinsilium are listed under the symbol COIN. It raised £1 million ($1.48 million) in gross proceeds through the issue of 10,000,000 common shares at £0.10 each.

There have been 10 secondary trades thus far. A total of 262,193 shares were traded on Friday and 68,586 traded on Tuesday. The first trade was executed at £0.12, its highest price thus far. Shares have not traded below £0.10. The latest trade was for £0.107.