Zug, Switzerland, November 11, 2024, Chainwire
Proven at scale, technology enhances security, privacy, compliance and incentives for global digital finance
Virtual Assets Lab, AG (VAL.com) is pleased to announce the launch of its next-generation stablecoin and portfolio management platform. Designed with the development of digital finance in mind, this platform offers secure, compliant and customizable solutions for users, blockchain networks, exchanges, institutions and governments
Virtual Assets Lab technology has already been proven on a gigantic scale in over 100 billion dollars in managed transactions and over one million mobile app installs in over 180 countries, achieving an average rating of 4.5+.
Introducing “1Waluty” Symbolic launch on November 11, Virtual Assets Lab (VAL.com) is excited to debut our flagship stablecoin line, “1Currency” – a comprehensive package of G10 currencies starting with $1. With over 99% of stablecoin transactions in USD, 1USD ensures compliance and security while offering cutting-edge features and attractive economics.
“Our vision at 1Currlies is to bring stability, security, transparency and a shared economy to stablecoins, starting with the most widely used currency in the world,” said Bill Wolf, co-founder of Virtual Assets Lab and former managing director at Goldman Sachs, HSBC and Kredyt Suisse. “$1 is just the beginning – each currency in the 1Currency suite will provide users with improved economics and seamless interoperability across the financial landscape.”
USD 1 will appear on centralized exchanges around the world in 2025
Introducing the “VAL Mobile App”With the modern VAL app, users have a streamlined way to create and manage wallets, access stablecoins, and establish Sovereign Identifiers (SSIs) backed by verified credentials for improved security and privacy. The app supports interaction with decentralized applications (dApps), exclusive market offers and provides free hack monitoring to ensure user security. Designed to bring the power of Web3 to everyday users, VAL promotes greater control and confidence in digital finances.
The most vital advantages of Virtual Assets Lab:
Tested on scale: Virtual Assets Lab’s stablecoin management system has successfully handled over $100 billion in transactions, and its VAL mobile app has achieved over one million installs from users in over 180 countries, with an average rating of 4.5+.
Flexible prices and a shared economy: Virtual Assets Lab offers elastic pricing models, lower upfront costs, and profit-sharing options, making VAL the ideal partner for blockchain networks and Tier 1 exchanges seeking cost-effective stablecoin solutions.
G10 currency support: The Virtual Assets Lab platform supports multiple fiat currencies including USD, EUR, JPY, GBP, CHF, CAD, AUD, NZD, SEK and NOK, facilitating global adoption and accessibility.
Chain-agnostic and exchange-neutral design: Virtual Assets Lab stablecoins are compatible with a variety of blockchain networks and exchanges, providing flexibility and promoting financial inclusion.
Highly customizable and effortless to integrate: Virtual Assets Lab’s state-of-the-art platform is highly customizable, effortless to integrate, and offers resilient support services for more proficient implementation and ongoing management.
Virtual Assets Lab trust layer:
Compliant and Licensed: Virtual Assets Lab are licensed and registered in various jurisdictions including; VQF (Switzerland), EMI* (Europe), VASP (Europe) and AUSTRAC (Australia).
Security and privacy first: Virtual Assets Lab’s stablecoin platform works with trusted custodians and leverages secure cross-chain transferability and high levels of security. Virtual Assets Lab’s mobile app wallet technology is SOC II compliant and uses reusable sovereign identity (SSI) and validated credentials (VC) to enhance security and privacy.
Transparent: Virtual Assets Lab provides full transparency by publishing real-time external certificates legally confirming your “1USD” margin balances with cross-references to the “1USD” balances on-chain.
About the Virtual Asset Lab (VAL.com)
Virtual Assets Lab (VAL.com) is a digital finance infrastructure provider specializing in stablecoin management and wallet solutions. With a team of experienced professionals experienced in web3 and crypto projects, leading consumer and enterprise technologies, finance and compliance, VAL is committed to supporting the global transition to digital finance.
Media inquiries:
Virtual Resource Lab Team / hello@val.com
ContactCo-founderBill WolfVirtual Assets Lab (VAL.com)bill@val.com
