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")
17/07/2024
Valereum Plc
("Valereum" or the "Company")
Antier to develop Valereum's
V-Wallet
Valereum (AQSE: VLRM) is pleased to announce it
will collaborate with Antier, a blockchain consulting company, to
develop the V-Wallet that will form part of VLRM Market's
ecosystem.
As previously communicated, VLRM Markets aims
to launch the V-Wallet in 2024. The V-Wallet, a non-custodial
solution, will be able to be installed on mobile devices and will
enable digital asset storage and blockchain transactions.
V-Wallet users will be able to access digital assets via links
straight to VLRM marketplaces and venues; buy, sell, hold and
manage multiple cryptocurrencies; and manage GATE Token
staking and voting (pending app store approval).
This collaboration with Antier will form part
of VLRM Markets' go-to-market strategy by ensuring the
development of a fully customisable wallet infrastructure. It
aligns with VLRM's strategy to collaborate with trusted technology
vendors to develop and deliver full stack technology solutions (The
Bridge) to support all aspects of VLRM's business.
About
Antier
Antier is a leading full-stack
blockchain consulting firm headquartered in Mohali, India, with a
global footprint across the UK, USA, UAE, Australia and Canada.
Established in 2005, Antier has grown to become India's largest
blockchain team, with over 700 professionals. The firm specialises
in end-to-end blockchain solutions, including Layer 1/2
development, tokenisation, DeFi, NFTs, and metaverse integration.
Antier is the technology backbone for Indian unicorns and is
recognised among the top contributors in blockchain communities.
Their innovative approach and extensive expertise have earned them
features in prestigious industry reports by Deloitte and Markets
& Markets. Antier's mission is to revolutionise digital
experiences and make India the Web3 capital of the world, driving
blockchain adoption across various sectors, including BFSI,
healthcare, supply chain, and gaming.
Head of VLRM
Markets, Adrian Hogg, commented:
"We're very
excited to be working with Antier and confident that our
collaboration will form part of and support our vision to unlock
capital and create value in tokenised digital markets, as an
exchange and marketplace operator. Valereum is making great strides
towards achieving its goals and we look forward to a strong
H2."
Gagandeep
Singh, Product Head, Antier, added:
"Antier's
alliance with Valereum to build the V-Wallet isn't just a
collaboration - it's a leap into the future of digital finance.
With this collaboration, Antier is taking a step forward in the
mission to address real world gaps. We are confident that the
V-Wallet will revolutionise digital asset management, offering
unparalleled security and seamless access to the VLRM Markets
ecosystem."
Further announcements to follow in due
course.
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
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