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Valereum PLC Turns Profitable & Launches £1M Asset Fund  

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➡ Valereum has turned profitable with an £873,000 gain, driven by strategic actions such as debt elimination, securing funding, and acquiring GSX Group.
➡ Valereum has established a subsidiary in El Salvador and received its first operational license. The company is focusing on launching a real-world asset marketplace and wallet services by the end of the year.
➡The Company has launched a new private fund, Valereum Capital Management (VCM), with a £1 million investment from Chairman James Formolli. This fund is part of the company's broader strategy to build an asset management business and generate returns for both fund investors and Valereum PLC.
By Pam Sidhu
Recorded: 1/10/2024

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7 окт 2024

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Комментарии : 2   
@matty1154
@matty1154 7 дней назад
Well Done Valereum, great to see the progress and obvious hard work behind the scenes being shared!
@snappedbanjo8262
@snappedbanjo8262 7 дней назад
Nick’s explanation of where the “profit” has come from didn’t really clear things up for me tbh. Clearing down debt, reducing costs, obtaining funding, unrealised gains in an asset - none of these can be declared as earnings, surely? What am I missing?
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