Coinsilium Group's subsidiary Forza raises approximately $3.8 million in financing, continuing to increase its digital asset layout

According to an official announcement, Forza Gibraltar Limited, a wholly-owned subsidiary of Coinsilium Group Limited, a UK-listed blockchain investment company, recently completed a round of private placement financing, raising approximately $3.8 million (approximately £3 million) to expand its strategic layout in the digital asset field.

This round of financing issued a total of 15,486,111 new ordinary shares (with a par value of zero per share) at an issue price of £0.18 per share. The funds raised will be used to accelerate the development of digital asset projects, ecological investment and platform construction.

At the same time, Forza recently added 15.4147 Bitcoins (BTC), bringing its total holdings to 73.7304 BTC, further strengthening its long-term allocation in the core crypto asset field.

Company Profile

Founded in 2014, Coinsilium Group Limited is one of the first blockchain investment companies listed on the London AQUIS Stock Exchange. Headquartered in London, UK, the group focuses on early-stage investment, risk incubation and technical consulting in blockchain and Web3 technologies. Its investment portfolio covers many popular fields such as decentralized finance (DeFi), NFT, crypto wallets, and the metaverse.

Its wholly-owned subsidiary Forza Gibraltar Limited focuses on digital asset management and operations, and is committed to building a compliance system for digital asset holding, trading and financial services in Gibraltar, a crypto-friendly jurisdiction.

This round of financing and BTC holdings indicate that Forza is steadily moving towards becoming a new generation of crypto asset infrastructure service provider.