British listed company Valereum plans to establish a Bitcoin treasury and launch a £500,000 fundraising plan

According to crypto analyst NLNico, British listed company Valereum Plc plans to establish a Bitcoin treasury and raise approximately £500,000 by issuing approximately 16.12 million ordinary shares to accelerate its growth strategy.

This round of financing will be conducted in two phases: the first, a private placement of 400,000 shares, launched today; the second, a retail placement of 100,000 shares, expected to begin next week and currently under final confirmation. The funds raised will be used to expand VLRM Markets' existing business, enhance its ability to launch new tokenized projects, and support its ecosystem development goals, including crypto consulting, its BTC initiative, and the GATE token.