Wageen To List On VLRM Markets
Board And Corporate Update
Valereum Plc (AQSE: VLRM) is pleased to announce that WAGEEN Token (WAG1), the flagship digital asset issued within the Wageen Corp. group, will imminently be listed on VLRM Markets, the Company’s licensed and regulated tokenisation venue for real-world asset (RWA) opportunities. This agreement is expected to generate $600,000 in revenue for VLRM Markets upon the successful completion of the Wageen token issuance.
WAG1 introduces a differentiated investment structure combining stable fixed income with long-term growth potential. The token provides investors with regulated exposure to the rapidly expanding Mobility-as-a-Service (MaaS) sector across Latin America, participating in the evolution of a technology-driven mobility platform with strong regional scalability.
The issuance targets a total raise of US$20 million, of which US$6 million has already been secured through institutional commitments. WAG1 offers an 11% fixed annual yield, payable annually, with investors gaining exposure to Wageen Corp.’s planned growth in the Mobility-as-a-Service sector ahead of its intended equity offering.
Wageen Corp. is building an integrated mobility ecosystem combining terrestrial, air, and maritime transport services into one platform. The application enables users to access ride-hailing and premium mobility options, including private aviation, yachts, and helicopter services, through a single digital interface.
In addition to its financial structure, WAG1 also includes lifestyle-based utility features, delivered through partnerships with transport and travel providers, offering real-world benefits for token holders.
Gary Cottle, Group CEO of Valereum Plc, comments:
“The addition of WAG1 to VLRM Markets shows the appetite that’s out there for regulated digital assets connected to real-world sectors which are using intelligence to revolutionise life and business.”
Richard White, Group CEO of Wageen, adds:
“WAG1 offers investors a regulated entry point into the next generation of integrated mobility. With a competitive yield structure and an ambitious expansion roadmap, it represents a unique opportunity to participate in the development of a scalable and future-driven mobility ecosystem.”
Board and Corporate Update
In parallel with this commercial progress, Valereum Plc announces that Matt Ripperger has stepped down from his role as Non-Executive Director. This transition forms part of the anticipated Board reconstitution already signalled in relation to the planned introduction of strategic funding from Valereum QGP-SP.
On behalf of the Board, the Company would like to thank Matt for his service and the expertise he has contributed to Valereum during a pivotal period of development, and wishes him every success in his future endeavours.
The Company also confirms that it is in advanced discussions regarding the appointment of a new AQSE Corporate Adviser. The Board has selected an adviser with the capability and experience required to support Valereum’s strategic plan.
A further announcement will be made in due course.
The Directors of the Company accept responsibility for the contents of this announcement.
For further information, please contact:
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Valereum Plc Karl Moss |
Tel: +44 7938 767319 |
