LONDON - Valereum PLC (VLRM Markets), a digital asset company, has announced the initiation of its Partner and Ambassador Programs aimed at fostering industry collaboration and expanding its market reach in the tokenization of real-world assets (RWAs). The company is also progressing with its RWA Pipeline, with plans to launch its first tokenized RWA products in January 2025.
The Partner Program is designed to engage industry experts and strategic connectors to source admission prospects, represent issuers from various sectors, and promote the tokenization process. This initiative is expected to enhance the RWA ecosystem and contribute to the growth of VLRM Markets.
Simultaneously, the Ambassador Program focuses on advocacy and increasing the visibility of VLRM Markets' mission. Ambassadors are tasked with amplifying the company's objectives, building strategic relationships, and referring business opportunities.
The development of tokenized RWA products is underway, with the first offerings—an investment entity and a royalties arrangement—targeted for launch in the upcoming year. Additionally, VLRM Markets is in discussions for other RWA opportunities, including investment funds, mining, and sports-related assets.
Adrian Hogg, Head of VLRM Markets, expressed enthusiasm for the collaboration with partners and ambassadors and the forthcoming launch of the tokenized RWA products. The company is also planning to integrate GATE utilities into its ecosystem in 2025, which will include incentives for ecosystem contributors and utilities for partners, ambassadors, and issuers.
These steps mark a significant milestone for Valereum as it aims to redefine the digital asset marketplace and create a more agile and interconnected ecosystem. The company has promised to provide further updates on its advancements in the near future. This news is based on a press release statement from Valereum PLC.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.