Valereum PLC (AQSE:VLRM) has signed a Memorandum of Understanding with Blubird Global Inc, a Delaware-based SaaS provider that administers over US$55 billion of tokenised assets.
Valereum will receive a 10-year licence to access Blubird’s Web3 Founders Tools, the company said.
The agreement provides visibility into Blubird’s issuer base and supports a pipeline for token creation, compliance, issuance, and investor management.
"This MoU gives Valereum potential sight into $55 billion of already-tokenised assets,” Valereum chair James Formolli said in a statement.
“Our near-term goal is to migrate at least $2 billion onto the Valereum marketplace, providing regulated secondary liquidity for institutional-grade RWAs."
Potential future cooperation envisaged in the MOU includes co-branded education, joint pilots, and a white-label version of Blubird’s platform under Valereum’s branding.