Coinsilium Group Limited: Coinsilium Backs Generative AI Platform for Fashion, Beauty and Lifestyle Brands Through Convertible Loan and Strategic Advisory Agreement

Summary by AI BETAClose X

Coinsilium Group Limited has entered into a convertible loan agreement and a 12-month strategic advisory agreement with Beating Heart Pte. Ltd., an AI-powered advertising content platform. Coinsilium will provide up to US$250,000 in convertible loan facility, with an initial US$100,000 already disbursed, and may acquire approximately 9.20% equity in Beating Heart upon full conversion. The advisory agreement will support Beating Heart's growth, with the company targeting a subscription-based model for recurring revenue. Beating Heart's platform aims to reduce the cost and time of producing visual content for fashion, beauty, and lifestyle brands, leveraging its founder's experience from Blvck Paris.

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