RE: RNS21 Aug 2025 08:04
Just Ben (Vlrm admin) trying to pump Vlrm in the Hive group) and below is one of the responses which I agree with:
So only institutions in El Salvador can deal with VLRM.
Obtaining regulatory permissions is extremely difficult. Look at Revolt, the cannot get their Banking License even after the Chancellor intervened.
Institutions will not and cannot deal with an unregulated business.
www.archax.com provide a regulated, RWA tokenisation Exchange platform for institutions in the UK, Europe and USA. Their investors and partners are institutions (Aberdeen, lloyds bank, LGEN, Blackrock etc) and crypto companies (Ripple, Stellar, Hedera)
VLRM on the other hand are talking big about something they cannot do and unless they raise tens of millions will never be able to. It will also take years to get permissions, which are unlikely to be given.