Businesses will seek to explore opportunities for regulated decentralized financing.

Coinsilium Group Ltd (AQSE: COIN, OTCQB: CINGF) has entered into its agreement to invest in Greengage Global Holding Ltd, which aims to become the leading investment bank in the digital finance industry.

Through subsidiary Seedcoin, Coinsilium invested £ 200,000 via convertible notes and acquired £ 300,000 of Greengage shares, with the capital transaction valuing the issuing entity at £ 27.3million.

Together, the companies intend to explore opportunities to develop decentralized financing (De-Fi) products and business solutions that comply with regulations. Greengage, meanwhile, is in the process of regulatory approval for a banking license in Gibraltar.

“We are delighted to announce this strategic investment in Greengage, which strengthens Coinsilium’s position in the digital market space and supports Greengage in its mission to expand banking and lending opportunities to cryptocurrency and crypto companies. -actives, and more broadly to SMEs, “said the manager. President Malcolm Palle.

“The investment is also expected to lead to a close working relationship between the two companies in Gibraltar as we seek to jointly explore potential solutions that aim to overcome some of the regulatory hurdles currently hampering the wider adoption of DeFi.

“Greengage’s track record and ambitions in regulated markets, combined with Coinsilium’s commercial and industrial skills, position us well for this business and we are very excited about this opportunity. “

Greengage Managing Director Sean Kiernan added: “We are delighted that another Gibraltar-based institution is investing in Greengage.

“Our expansion demonstrates the jurisdiction’s growth as a thriving crypto hub and a great place to invest, do business and grow. We look forward to jointly exploring the development of a suite of regulatory compliant decentralized finance (DeFi) solutions. “