RE: Progress since significant deal3 Mar 2026 09:41
Transaction Completion and Balance Sheet Impact
Under the terms of the Share Subscription Agreement:
1. Valereum has received the USD 200 million principal amount of institutional-grade, senior-secured Qualified Medium-Term Notes (QMTN).
2. These QMTNs generate an annual 7.95% coupon, providing USD 15.9 million of predictable recurring income per annum, paid quarterly until December 2030.
3. On maturity, Valereum will receive the full USD 200 million principal.
4. The 243,478,438 ordinary shares have been delivered to QGP. QGP has agreed to a long-term lock-in, with a limited monthly liquidity of up to 1.44% of its ongoing holding until a Nasdaq or New York Stock Exchange listing.
The QMTNs give Valereum a strong, secure capital foundation and position the Company to accelerate its next phase of growth.
Expanded Strategy Update
With institutional backing in place, Valereum has scaled up its strategy to build regulated digital market infrastructure for the future of global finance. The Company aims to unite RWA tokenisation and banking-as-a-service (BAAS), delivering end-to-end, compliant services for the digital asset era. Valereum's platform will span the full digital asset value chain, including onboarding, structuring, issuance, custody, payments, settlement, distribution and secondary trading. It will also provide market-leading crypto advisory and business development capabilities, supporting the sourcing and structuring of high-value assets such as Bitcoin and gold.
The Company will focus on investment across four areas:
1. Tokenisation & issuance infrastructure
2. Payments & banking services
3. Custody, wallets & crypto-as-a-service APIs
4. Distribution, advisory and origination
Together, these capabilities are expected to generate diversified, recurring revenues and support institutional adoption of tokenised assets.