Valereum Plc today announced a strategic investment of $ 2.5 million in Blubird Global, Inc., for a minority and will receive an observer seat.
The investment will be made in eight installments. The company expects to complete the acquisition of the first installments of shares in June 2025, with the other installments expected to be completed by September 2025.
Blubird, a Delaware -based SAAS business, provides critical tools for sending newly established businesses, as well as traditional Web2 companies that migrate to Web3 Blockchain technology, with the aim of innovating and interrupting traditional markets. Blubird tools provide table management, tokenomics modeling, real world of assets (RWA), smart contract development and much more.
Over $ 55 billion in assets have already occurred and are granted to the Blubird platform. Subject to the consent of the publisher and the technical and regulatory approval, Valereum and Blubird (“Parts”) will initially target up to $ 2 billion of these assets to register in the forthcoming Valereum market.
Blubird operates mainly by the US, which serves corporate customers, carbon trading initiatives, assets, founders and developers worldwide in multiple jurisdictions and industry sectors. The platform’s integration and its team are strategically positioned to support users’ needs in both eastern and western markets.
According to the terms of the investment, the final installment, which is expected to be about $ 1.6 million, will be paid in cash to the extent that it was agreed in writing by both parties, in the form of new ordinary shares of Valereum PLC. However, managers expect full thought to be satisfied in cash.
Enhanced securities have said they intend to support Valereum and their Blubird investment through the proposed placement of 12.5 million new Valereum shares of £ 0.001 at a price of £ 0.04 per share, equivalent to £ 500,000.