Blockchain-focused investment company Coinsilium is reportedly delaying its initial public offering.
According to Reuters, representatives of Coinsilium declined to comment on specifics. However, one representative told the news service that the company was exploring "alternatives" to listing its stock on AIM, a sub-market of the London Stock Exchange geared toward smaller firms.
The company, which invests in blockchain startups, announced plans in July to list on AIM. At the time, Coinsilium declared its intention to list under the ticker 'COIN'.
The company did not immediately respond to a request for comment.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.