Valereum PLC (AQSE:VLRM) is raising £500,000 of new equity, with proceeds earmarked to support an expansion of VLRM Markets.
In total, some 16.12 million new shares will be sold priced at 3.1p each – with two tranches, raising £400,000 in a subscription today and £100,000 in a retail offer next week.
Chairman James Bannon and chief executive Gary Cottle are each subscribing for £200,000 worth of shares..
Proceeds will be used to expand operations in VLRM Markets, advance technology development for its digital financial market infrastructure platform, explore regulatory approvals in new jurisdictions, and support growth initiatives such as crypto advisory services and the GATE Token.
"We're working intensively with our partners, DigiShares, Fideum, and Blubird, to build a scalable global ecosystem for compliant digital asset infrastructure,” Valereum chair James Bannon said in a statement.
"Proceeds from this sale will accelerate our expansion, platform rollout, and market entry.
“As we finalise our latest plans and partnerships, the focus is firmly on delivering a high-impact second half of 2025."
Also, Valereum announced its intention to establish a Bitcoin treasury reserve, in line with its expectation that most future revenues will be paid in BTC.
The reserve is also intended to provide agility for investment in tokenised assets, cross-border issuance, and digital market infrastructure projects.
Valereum chief executive Gary Cottle added: "A Bitcoin treasury reserve is about financially aligning with our vision, bringing our balance sheet up to speed with the innovation we're driving.
“We want to be able to execute globally, with agility, and build significant long-term growth."