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Valereum PLC (AQSE:VLRM) has announced a strategic investment of €1.7 million in Fideum Group, a fintech firm specialising in blockchain-based infrastructure for financial institutions.
The financial backing will be made in stages, with the first tranche due to complete this month and the remainder expected to close by June 2026.
Valereum said it may pay in cash, bitcoin or stablecoin, depending on the terms agreed at each stage.
In a further commitment, Valereum has also agreed to issue 5 million new shares, contingent on Fideum completing the acquisition of Ai Digital Technologies Holdings in Gibraltar by the end of August.
A follow-up statement will confirm the issuance if the deal goes through.
Fideum provides modular software and payment systems for businesses and banks looking to operate in the digital asset space. Its technology, built in-house over four years, supports multi-asset wallets and transactions across both centralised systems and various blockchains.
It holds multiple licences allowing it to operate across more than 50 clients in Europe, Canada, Australia and South America.
Its white-label solution enables clients to launch their own branded digital asset platforms without building infrastructure from scratch.
Fideum was the overall winner of Mastercard’s Lighthouse FINITIV 2023 programme, which supports financial technology ventures demonstrating strong potential in regulatory compliance, security and scalability.
Valereum said the investment reflects its strategy to back emerging companies in digital finance and tokenisation, sectors that continue to draw interest from traditional institutions as blockchain infrastructure gains maturity.
Chairman James Formolli added: “Our strategic investment in Fideum is yet another show of Valereum’s commitment to overhauling the status quo. Fideum is an award-winning fintech with an enviable team.
“By securing a strategic stake, we’re proud to support its growth and leverage its expertise to expand our global footprint.
“All of our recently announced partnerships now put Valereum at the forefront of the digital revolution and we are now ready to go to the next level with our pooled strengths and resources”.
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