Valereum PLC (AQSE:VLRM) has signed a binding agreement with fintech firm Fideum to roll out a suite of crypto infrastructure services across Latin America, Europe and Turkey, as the London-listed company looks to broaden its presence in regulated digital asset markets.
In an update on Thursday, Valereum said the agreement sets out plans to deploy Fideum’s software-as-a-service tools to support its own operations, including branded apps for digital asset trading, and to work together on building B2B crypto and traditional payment services.
The partnership will also allow Valereum to tap into Fideum’s institutional-grade trading liquidity and over-the-counter transaction services, designed for large-volume crypto and fiat trades.
The two companies will collaborate on joint commercial programmes, including referral schemes and revenue-sharing arrangements aimed at attracting enterprise clients.
Fideum, recognised under Mastercard’s Lighthouse innovation programme, provides plug-and-play crypto infrastructure for banks and institutions.
Its model allows partners to launch digital asset services without having to build them from scratch, while staying compliant with local regulation.
Chair James Formolli said: "This collaboration with Fideum is a major step in Valereum's journey to bridging traditional and digital financial worlds.
"Fideum's regulatory framework and innovative financial solutions position it as a key player in the evolving fintech landscape."
Pilot projects in Turkey are already planned, using Fideum’s platforms to test payment systems and asset tokenisation in a regulated environment.
Fideum will also gain the right to operate under Valereum’s digital asset licence in El Salvador, where the legal framework allows for the issuance and trading of tokenised assets.
In exchange, Valereum will gain access to Fideum’s network of licences, including those in Europe, Canada and Australia.