Coinsilium Group Ltd (AQSE:COIN, OTCQB:CINGF) has agreed to its subsidiary investing in Greengage Global Holding Ltd which is working on regulatory compliant decentralised Finance (De-Fi) ventures.
The Seedcoin business is to buy 15,000 A shares in Greengage worth £300,000 and some £200,000 of loan notes.
Seedcoin and Greengage meanwhile intend to enter into a strategic partnership agreement to jointly develop De-Fi solutions. It was noted that a more detailed breakdown of the tie-up will be provided as the main transaction is completed.
Read the full article here.