Valereum invests $2.5 million in Blubird Global

LONDON - Valereum PLC (AQSE:VLRM), a company specializing in digital asset management, has announced a strategic investment of $2.5 million in Blubird Global, Inc., a Delaware-based software-as-a-service (SaaS) company. This investment will secure Valereum a minority stake in Blubird and a board observer seat, with the first tranche of shares to be acquired in June and the remainder by September 2025.

Blubird provides essential tools for Web3 startups and traditional Web2 companies transitioning to blockchain technology, with services including cap table management, tokenomics modeling, and smart contract deployment. The company has already tokenized over $55 billion in assets on its platform, and in partnership with Valereum, plans to list up to $2 billion of these assets on Valereum’s upcoming marketplace, pending consent and regulatory approvals.

Operating primarily from the USA, Blubird serves a global clientele across various industries, offering solutions in equity and asset management, compliant tokenization of real-world assets (RWAs), and investment management, bridging the gap between traditional finance and blockchain.

Blubird’s notable partnerships include Sony (NYSE:SONY)’s Soneium project, an Ethereum Layer 2 blockchain, where Blubird is recommended as a qualified service provider. Another partnership is with Redbelly Network, a fast-growing network for asset tokenization, where Blubird is the preferred provider for tokenization services, including for Arx Veritas and Carbonhood, providers of carbon trading services.

Valereum Chairman James Formolli expressed that this investment complements their recent Digishares collaboration and will accelerate innovation and opportunities in RWA tokenization. Corey Billington, Co-founder and CEO of Blubird, highlighted the investment as a significant step for Blubird’s growth and the value of the partnership with Valereum.

The final tranche of the investment is expected to be around $1.6 million, which may be paid in cash or new Valereum ordinary shares, though the directors anticipate full cash payment. Valereum also announced that Fortified Securities intends to support this investment through the placing of 12.5 million new Valereum ordinary shares at £0.04 each, providing £500K of new funding.

This strategic investment reflects Valereum’s commitment to expanding its digital asset and tokenization ecosystem. The information is based on a press release statement.

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