Coinsilium Group Announces Strategic Partnership with LC Lite

Coinsilium Group Limited (COIN), a leader in Web3 consulting, business building, and investment, has signed a strategic consulting agreement with LC Lite, a global trade exchange platform. The agreement, made public on February 20, 2024, involves Coinsilium providing strategic advice for the upcoming launch of LC Lite's token.

LC Lite, recently acquired by Incomlend - a regulated global marketplace for SME invoice financing, aims to integrate decentralized Web3 technology, enhancing market liquidity, multi-currency solutions for cross-border export financing, and increased use of stablecoins. This partnership is intended to be a step towards capitalizing on emerging opportunities in the growing digital assets market.

Coinsilium will advise LC Lite on the token economy of its project (Tokenomics) ahead of its planned token launch in the fourth quarter of 2024. Specific terms of this service agreement remain confidential due to their commercial sensitivity, including success payments set in cryptocurrencies or digital tokens, following the Token Generation Event (TGE).

This agreement also highlights the maturation of the global cryptocurrency market and the increasing demand for Coinsilium's consulting services, signaling optimistic prospects for 2024 in the blockchain project space. Testimonials from the leaders of both companies underscore the potential of this agreement to transform the digital financial sector, while strengthening a long-term collaboration between Coinsilium and LC Lite.