The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR")

29/07/2024

Valereum Plc

("Valereum" or the "Company")

Collaboration with Tokeny for VLRM's Real World Asset Marketplace

Valereum Plc (AQSE: VLRM) is delighted to announce it will collaborate with Tokeny as a technology provider for VLRM's Real World Asset ("RWA") marketplace.  Valereum aims to establish and operate a RWA marketplace utilising Tokeny's technology solutions, to enable the primary issuance and bulletin board-based secondary trading of various digital assets, including investment funds, private companies, real estate, commodities, and royalties.

Valereum has chosen to work with Tokeny to support the establishment of VLRM Markets' digital asset ecosystem of infrastructure and marketplaces, alongside the development of our longer term Digital Financial Market Infrastructure ("DFMI") solution. This turnkey solution will combine high-performance trading engines, on-chain technology, wallet and custody offerings by integrating third-party technology with VLRM's proprietary technology.

Tokeny's platform gives Valereum a fast-to-market RWA marketplace, making use of the open-source ERC3643 standard to enable the tokenisation of real world assets.

V-Wallet users will be able to connect to VLRM's RWA marketplace in order to access, buy, sell, hold, and manage digital assets that are issued and available.

The tokenisation of RWAs is seen by industry commentators as one of the largest market opportunities in the blockchain sector, with a potential market size in the trillions of dollars. 

VLRM Markets seeks to exploit this opportunity via its V-Wallet and RWA marketplace to foster innovation in financial products, democratise access and promote financial inclusion, improve transparency and market efficiency, and unlock value for investors and asset owners alike.

About Tokeny

Tokeny is an onchain finance operating system. The award-winning fintech provides compliant tokenisation with the open-source ERC-3643 token standard and advanced white-label software solutions for financial institutions. The enterprise-grade platform and APIs unify fragmented onchain and offchain workflows, integrating essential services to eliminate silos to enable seamless issuance, transfer, and management of tokenized securities. Tokeny has successfully executed over 120 use cases across five continents.

Tokeny - The Enterprise-Grade Tokenisation Platform

Head of VLRM Markets, Adrian Hogg, commented:

"Working with Tokeny to establish VLRM's RWA marketplace that connects to our V-Wallet will form part of our technology infrastructure. It is one of the enablers to realise our vision for tokenisation to fundamentally transform the financial landscape by making asset ownership more efficient, transparent and accessible for all."

Luc Falempin, CEO of Tokeny commented:

"VLRM's vision is to bring onchain finance to investors, delivering real-time, transparent, and interoperable financial solutions that transcend traditional market limitations. We are honoured to provide VLRM with a comprehensive onchain finance operating system, ensuring seamless, compliant, and innovative operations and transactions. Together, we are building a brighter, more efficient future for finance."

For further information, please contact as follows:

Enquiries:   

Valereum Plc   

James Formolli, Chairman    

Tel: +971 4584 6284   

Stanford Capital Partners           

Tel: 023 3650 3650

Bob Pountney

Patrick Claridge

First Sentinel Corporate Finance

AQSE Corporate Adviser        

Brian Stockbridge    

Tel: +44 20 3855 5551  

Further updates to follow in due course.

The Directors of the Company accept responsibility for the contents of this announcement.

For more information, please visit the Company's website at  www.vlrm.com