---
title: "Coinsilium Announces Board Restructuring and Strategic Update Following Strengthened Financial Position"
publisher: "Share Talk"
author: "sharetalk"
published: "2025-10-16T06:34:22+00:00"
modified: "2025-10-16T06:34:22+00:00"
date: 2025-10-16
canonical: "https://www.share-talk.com/coinsilium-announces-board-restructuring-and-strategic-update-following-strengthened-financial-position/"
category: "e-commerce"
categories: ["e-commerce", "Financial", "Technology", "Technology, Media & Telecoms"]
tags: ["AI", "banking", "Bitcoin", "Blockchain", "BTC", "CINGF", "coin", "Coinsilium", "Coinsilium Group", "crypto-treasury", "cryptocurrency", "DAOs", "Defi", "Eddy Travia", "Forza Gibraltar Limited", "gaming", "Gibraltar", "metaverse", "social networks", "Web3", "Web3 domain", "Web3 economy"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/06/Coin-Article-Image-3.webp?fit=1200%2C800&quality=80&ssl=1"
format: "news"
language: "en-GB"
---

# Coinsilium Announces Board Restructuring and Strategic Update Following Strengthened Financial Position

**Published:** October 16, 2025
**Author:** sharetalk
**Categories:** e-commerce, Financial, Technology, Technology, Media & Telecoms
**Tags:** AI, banking, Bitcoin, Blockchain, BTC, CINGF, coin, Coinsilium, Coinsilium Group, crypto-treasury, cryptocurrency, DAOs, Defi, Eddy Travia, Forza Gibraltar Limited, gaming, Gibraltar, metaverse, social networks, Web3, Web3 domain, Web3 economy
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/06/Coin-Article-Image-3.webp?fit=1200%2C800&quality=80&ssl=1)

---

[Coinsilium Group Limited](https://www.investegate.co.uk/announcement/eqs/coinsilium-group-limited--coin/coinsilium-group-limited-board-restructurin-/9174282) has announced a **board restructuring and strategic update** following a period of significant financial strengthening.

Between **May and August 2025**, the company successfully **raised approximately £17 million before costs**, bolstering its balance sheet and supporting its strategic growth initiatives.

Through its subsidiary, **Forza Gibraltar Limited**, Coinsilium has built a **Bitcoin and digital asset treasury** comprising **182 Bitcoin**, valued at approximately **US$20 million (£15.25 million)** based on a market price of around **US$112,000 per Bitcoin**.

**Highlights**

- Appointment of Chief Financial Officer Ben Proffitt to the Board as Executive Director.

- Malcolm Palle transitions from Executive Chairman to Non-Executive Chairman as part of long-term succession planning.

- Federica Velardo steps down from the Board, continues as General Legal Counsel including Company Secretary functions.

- Coinsilium to provide Strategic Update within the coming weeks, highlighting opportunities emerging across the digital-asset sector and detailing how the Company intends to drive sustainable growth and shareholder value.

As part of the restructuring, **Ben Proffitt**, currently serving as **Chief Financial Officer**, has been **appointed Executive Director**. **Malcolm Palle** has **transitioned from Executive Chairman to Non-Executive Chairman**, and **Federica Velardo** has **stepped down from the Board** but will **continue in her role as General Legal Counsel**.

The company said these changes position Coinsilium to “**build on its enhanced financial base and digital asset portfolio**” as it continues to expand its footprint across blockchain, Web3, and digital asset investment markets.

---

**Original URL:** https://www.share-talk.com/coinsilium-announces-board-restructuring-and-strategic-update-following-strengthened-financial-position/
*Created by [WP Markdown Endpoint](https://wpmarkdownendpoint.com/)*