RE: 10p soon27 Oct 2025 09:41
Valereum Plc (AQSE: VLRM) is pleased to announce that COINGT, the flagship infrastructure tokenisation project representing the Interoceanic Corridor of Guatemala, upon completion will be listed on VLRM Markets, the Company's regulated tokenisation venue.
COINGT is a landmark initiative to finance and execute the legal regularisation and unification of 3,470 plots of land across Guatemala to form the 372 km Interoceanic Corridor, a new logistics and trade route linking the Atlantic and Pacific Oceans. The project underpins the future development of ports, railways, highways, pipelines, power and data infrastructure, and free trade zones, creating a new regional logistics backbone parallel to the Panama Canal.
Developed by Grupo Odepal de El Salvador, S.A. de C.V., COINGT offers investors the opportunity to acquire tokenised ownership rights to economic interests in Grupo Odepal de El Salvador, S.A. de C.V. shares, secured by Consorcio Interoceánico de Guatemala, S.A.'s 7.6612% stake in the Interoceanic Corridor. The initial public issuance on VLRM Markets is targeted at US $325 million, with a targeted first tranche of US $38.52 million.
By listing on VLRM Markets, COINGT gains access to a fully regulated tokenisation infrastructure and global investor network, offering transparent and compliant access to real-world asset investment opportunities.
The project is expected to deliver strong financial performance, upon completion of the land regularisation phase, and further potential upside linked to corridor consolidation and future logistics revenues. COINGT's listing exemplifies the strategic alignment between Valereum's real-world asset (RWA) mission and El Salvador's digital asset regulatory framework under the CNAD.
Gary Cottle, Group CEO of Valereum Plc, comments:
"The COINGT listing on VLRM Markets shows the calibre of issuers choosing to tokenise with us. COINGT is a transformative infrastructure project for Latin America, and we're delighted to be supporting its onboarding."