Valereum PLC (AQSE:VLRM) has entered into a binding agreement to raise $200 million of asset-backed funding, described as royalty and streaming capital.
The Aquis-quoted digital assets company, in a statement, announced the deal with Quorum Global Photonics (QGP), which will see funds come from a new segregated portfolio company called Valereum QGP-SP.
Valereum said that the investment will support its strategic development and enable it to pursue a listing on a US national exchange.
"The unprecedented scale of this agreement demonstrates the level of institutional belief in our strategy of uniting traditional and digital finance in a regulated framework.
"It gives us access to major asset-backed capital that can drive expansion, innovation and collaboration.
"These funds, and further debt and equity that are available working with QGP as a strategic capital partner, will be deployed to build out our Digital Asset Treasury program, a full-stack Tokenisation ecosystem that has been thoroughly endorsed by QGP."
Valereum QGP-SP, the portfolio company which is established in the Cayman Islands, is expected to provide the capital through a form of debt financing known as a qualified medium-term notes (QMTN) perpetual call certificates, which are effectively undated debt instruments, and, in this deal, will carry an annual interest of $10.5 million.
As part of the deal, the new entity will have a one-year option to purchase up to 49.9% of Valereum’s share capital.
The company noted that the Valereum QGO-SP investment is backed by an over-collateralised pool of royalty and streaming mining assets underwritten by major rating agencies.
James Bannon, Valereum chair, said: "This announcement propels Valereum to the forefront of AI-driven Tokenisation.
"With decisive institutional backing and a US National Exchange listing about to commence, we're entering a new era of scale, influence, and market leadership."
QGP managing director Pieter Scholtz, meanwhile, added: "Together, we are combining disciplined, asset-backed capital with visionary digital innovation to unlock liquidity, accelerate strategic growth, and scale the Tokenisation ecosystem responsibly.
"This partnership sets a new standard for market leadership and long-term value creation."