Summary
- UK-listed Valereum announced it will accelerate its treasury strategy centered on Bitcoin.
- Valereum reported plans to raise approximately £500,000 by issuing 16,120,000 common shares.
- The raised capital will be used for the company’s growth strategy, such as strengthening tokenization project capabilities and building Bitcoin reserves.
UK-listed company Valereum is accelerating its treasury strategy centered on Bitcoin (BTC) by seeking to raise about £500,000 (approximately ₩920,000,000).
According to the cryptocurrency-focused media outlet Odaily on the 1st, Valereum plans to issue a total of 16,120,000 common shares to build a Bitcoin treasury. Through this, the company aims to accelerate its growth strategy.
The company explained that the funds raised will be used for expanding Valereum’s existing business, strengthening its tokenization project capabilities, bolstering its crypto asset consulting and Bitcoin strategic reserves, and creation of the GateToken ecosystem.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
