Coinsilium Group Limited

Advisory Agreement Signed with Global Trade Exchange Platform LC Lite

Coinsilium Group Limited (COIN) Coinsilium Group Limited: Advisory Agreement Signed with Global Trade Exchange Platform LC Lite 20-Feb-2024 / 08:48 GMT/BST   COINSILIUM GROUP LIMITED

("Coinsilium" or the "Company")   

Coinsilium Group Limited: Strategic Advisory Agreement Signed with Global Trade Exchange Platform LC Lite

London, UK, 20 February 2024 - Coinsilium Group Limited (AQSE: COIN) (OTCQB: CINGF), the Web3 advisor, venture builder and investor is pleased to announce it has signed an agreement with global trade exchange platform LC Lite (“LC Lite”) for strategic advisory services in respect of their forthcoming token launch.

LC Lite

LC Lite has been recently acquired by Incomlend, a regulated global invoice finance marketplace for SMEs with licenses to operate in Singapore and in Hong Kong.

Incomlend was founded in 2016 to address the US$2.5 trillion global trade finance gap and was named one of the Top 15 Fastest Growing Companies in Singapore in 2022.

LC Lite aims to bring Web3 decentralised technology to Incomlend, with improved marketplace liquidity, multi-currency solutions for cross-border export financing and a broad usage of stablecoins. LC Lite will also be well positioned to capitalise on emerging business opportunities from within the fast-growing digital asset market.

Strategic Advisory Services 

The scope of the work to be undertaken by Coinsilium will include advising LC Lite on its project token economics (Tokenomics) ahead of its planned token launch, slated for Q4 2024. Additionally, Coinsilium will facilitate introductions for LC Lite to potential partners drawn from Coinsilium’s extensive network of major service providers and cryptocurrency firms.

Advisory service terms pertaining to advisory engagements are commercially sensitive and subject to mutual confidentiality agreements.

Typically, an agreement will include a ‘sign on’ payment and a final success payment.