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LONDON - Valereum Plc, a technology firm focused on financial market infrastructure, has announced the demonstration readiness of its new platform, The Bridge V1 DFMI (Digital Financial Market Infrastructure). Developed in collaboration with Securities & Trading Technology (STT), the platform represents a significant milestone after a development period spanning over five years and a substantial investment.
The Bridge aims to transform capital market operations by integrating the processes of issuing, trading, settling, and custody of tokenized assets. It promises "T-Instant" settlement times, which could potentially eliminate many of the inefficiencies found in traditional financial systems. The demonstration phase will enable Valereum to present the platform’s capabilities to potential clients and partners, opening the door to licensing discussions with financial institutions and digital asset companies.
Valereum’s platform is designed to reduce transaction costs, free up capital currently held in central counterparties, and remove credit, counterparty, and replacement cost risks by enabling pre-funded, instant settlement. The company believes that The Bridge will offer unparalleled efficiency, transparency, and accessibility in the tokenized markets sector.
Daryl McFarlane, the Chief Technology Officer of Valereum, expressed his enthusiasm for reaching the demo phase of The Bridge V1, highlighting the dedication and hard work of the team in developing the turn-key solution. This development is a part of Valereum’s broader mission to drive innovation in the way financial markets operate.
The announcement indicates Valereum’s readiness to demonstrate the platform to the industry, although no specific licensing deals or partnerships have been disclosed at this time. The news comes as financial markets continue to explore the integration of blockchain and other digital technologies to improve infrastructure and operations.
This report is based on a press release statement from Valereum Plc.
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