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SAN SALVADOR - Valereum Plc (AQSE:VLRM), a blockchain technology company, has announced that its subsidiary, VLRM Markets S.A. de C.V., will begin operations and launch its Real-World Asset (RWA) Platform along with the V-Wallet in May 2025. The announcement was made following the approval from Valereum’s board to initiate the opening of these services.
VLRM Markets is a Digital Asset Service Provider (DASP) licensed and regulated by the Comisión Nacional de Activos Digitales (CNAD) in El Salvador. The company’s license allows it to operate within El Salvador’s digital asset regulatory framework, which has been recognized for its forward-looking approach to cryptocurrency and blockchain technology.
The RWA Platform is designed to facilitate the creation, primary issuance, and secondary trading of tokenized real-world assets. This includes a diverse range of industries from real estate and infrastructure to hospitality and agriculture, primarily across Central America.
In addition to the RWA Platform, VLRM Markets will offer the V-Wallet, a user interface for purchasing, storing, and transferring digital assets such as stablecoins, cryptocurrencies, and utility tokens. For professional clients, VLRM Markets PRO will provide tailored services including trading, brokerage, over-the-counter (OTC) transactions, and custody of digital and tokenized assets.
Adrian Hogg, Head of VLRM Markets, expressed enthusiasm about the upcoming launch, stating, "This is a pivotal moment for VLRM Markets as we are set to launch an exciting range of tokenized RWA products that will bring innovation to the marketplace. We look forward to delivering unique opportunities to both issuers and investors alike."
The move by VLRM Markets is expected to enhance the accessibility of digital assets tied to tangible assets and could influence the expansion of blockchain technology into various sectors in Central America. This initiative is based on a press release statement from Valereum Plc.
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