Blockchain firm Valereum given green light to acquire Gibraltar Stock Exchange

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By Darren Parkin Blockchain platform Valereum has received regulatory approval to complete the acquisition of the Gibraltar Stock Exchange. The move, subject to regulatory and working capital conditions, will see the foundation of a new international network headquartered in Gibraltar with a focus on expanding access to European capital for early stage and small-cap companies in the Middle East, India and Africa. Valereum says it expects the deal to be completed by the end of Q1 2023, and also intends to launch a non-fungible token (NFT) strategy “linking real world assets via NFT ownership”. …

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