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Financial Services

Valereum prepares to launch RWA platform, starting in El Salvador

Valereum PLC (AQSE:VLRM) told investors it is launching digital asset services in El Salvador, via VLRM Markets.

It will begin with the introduction of a real-world asset (RWA) platform later this month, focussing initial services on Sports, Lifestyle, Leisure & Hospitality.

Planned projects include partnerships in football, skydiving, surfing, mountain biking, golf, beverage distribution, and food businesses.

Valereum highlighted that there are also plans to tokenise royalties of a Sunday Times best-selling author and explore ride-hailing services for leisure users.

Its anticipated that these services will roll out in phases, beginning in El Salvador and expanding globally.

Future sectors may include Real Estate, TradFi, and Arts – potentially being introduced in the second half of the year.

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