Valereum Technology Partnership with Securities Trading Technology Mauritius (STT)

Valereum Plc, the Gibraltar technology group, is pleased to announce Valereum Plc and STT have entered into a strategic partnership to jointly develop Valereum’s core technology infrastructure - “The Bridge” Digital FMI (Financial Market Infrastructure). STT will provide support and development based on its extensive in-house expertise within capital markets technology, with the goal of commercialising the combined technologies of STT and Valereum Plc. Future whitelabel solutions and launches of VLRM marketplaces will showcase the innovative advantages of “The Bridge”

Earlier in the year, VLRM set out its bold vision to develop transformational technology solutions for financial market participants in the form of end-to-end digital securities lifecycle infrastructure.

The partnership with STT will allow Valereum:

• complete the final stages of V1 The Bridge Digital FMI, alongside a robust testing programme; 
• ensure the on-going development of future roll-outs, alongside required updates, upgrades and enhancements; 
• combine its resources, skills, and connections with STT in order to commercialise The Bridge Digital FMI through joint licensing opportunities.

Together, the two companies plan to actively advance into the Digital Securities space and revolutionise the current legacy trading model by utilising blockchain technology.

Valereum seeks to build on the considerable work already completed by the recently acquired GATENet. Its proprietary Digital FMI is designed to provide end-to-end digital securities lifecycle infrastructure from issuance, listing, trading to settlement, for securities, fiat and digital assets, to reduce costs and increase efficiencies for all issuers, investors and market participants everywhere.

STT will integrate Valereum’s The Bridge’s Digital FMI with its core products to enhance its features and provide a unique offering to all financial market participants.

About STT

STT is a global leader in financial market software, powering participants across the global financial marketplace. It has been the trusted provider of solutions to many financial markets around the world for over 38 years. STT is a developer and supplier of STT Software Solutions including, inter alia, exchange, trading, surveillance, clearing, depository, risk management and back-office solutions, to securities exchanges, central banks, and other financial intermediaries operating in financial markets throughout the world.

Their mission is “to create solutions that drive innovation, growth, and efficiency for our clients by providing an environment where our people can excel”.

Nick Cowan, CEO of Valereum stated:

“We’re excited to be partnering with STT on completing and commercialising The Bridge Digital FMI vision. In STT, we have a partner that delivers world-leading exchange infrastructure and has the capabilities and functionality to support us in developing and delivering a total solution, incorporating blockchain technology to transform the way digital assets trade and settle. We look forward to a long and successful relationship with the STT team.”

Zack Hodgson, Managing Director of STT commented:

“We are very proud to be partnering with Valereum to complete the development of the final core element of their Digital FMI and jointly accelerate the impact our combined technology will have across the Digital Securities landscape. Blockchain technology provides numerous benefits to the traditional legacy trading and settlement model and we are excited to accelerate this journey with the VLRM team.”

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For further information please contact:

Valereum Plc   

James Formolli, Chairman    

Tel: +971 4584 6284   

Stanford Capital Partners          

Tel: 023 3650 3650

Bob Pountney

Patrick Claridge

AQSE Corporate Adviser   

First Sentinel Corporate Finance    

Brian Stockbridge    

Tel: +44 20 3855 5551  

The directors of the Company accept responsibility for the contents of this announcement.

For more information, please visit the Company's website at vlrm.com and stt-software.com