Valereum PLC - Antier to Develop Valereum’s V-Wallet

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