Valereum PLC (AQSE:VLRM, FRA:6TJ, OTCQB:VLRMF), the Aquis-listed company targeting the tokenised digital markets sector, used its full-year results to mark its shift from development into commercial operations, with its regulated trading platform now generating revenue.
VLRM Markets, the group's operating subsidiary, launched during the year as a licensed digital asset service provider in El Salvador.
Its arrival lifted revenue to £98,318 from £19,272 a year earlier.
The company strengthened its finances through £2.1 million of new equity, including £850,000 invested personally by senior management.
It also realised £2.4 million from selling most of its non-strategic stake in London BTC Company, lifting year-end cash to £415,929 from £19,397.
The group remained debt-free throughout the year.
Commercial momentum has built since the year-end, most notably through an expanded role on the Guatemalan Interoceanic Corridor, a £20 billion land-based alternative to the Panama Canal.
Valereum has moved from providing tokenisation services on the project to acting as head of capital strategy, a mandate it says carries recurring revenue and future issuance opportunities.
A further £1.05 million was raised in May 2026 to fund commercial expansion.
One post-period arrangement remains unresolved.
The group has been issued medium-term notes by Quorium Global Photonics, intended to be replaced by tokens underpinned by mining assets valued at about $279.5 million.
That valuation remains subject to verification, and the company acknowledges the process is yet to complete despite repeated assurances from the counterparty that liquidity will be provided.
