Valereum PLC's Carmen Elena Ochoa de Medina Meets US Securities and Exchange Commission (SEC) to Explore a Cross-Border Regulatory Sandbox

Valereum PLC, a publicly traded fintech company, announced that Carmen Elena Ochoa de Medina, Head of VLRM Markets El Salvador, was part of the delegation that met with the US Securities and Exchange Commission (SEC) on 22 April 2025.

Valereum PLC, a publicly traded fintech company focused on Web3 technologies and solutions for the digital asset market, announced that Carmen Elena Ochoa de Medina, Head of VLRM Markets El Salvador and a key figure in the integration of crypto into the legal and financial framework of El Salvador, was part of the delegation that met with the US Securities and Exchange Commission (SEC) on 22 April 2025.

The delegation, which included a Goldman Sach’s former partner, a partner of the Perkin Law Firm and the President of El Salvador’s Comisión Nacional de Activos Digitales (CNAD), discussed avenues for collaboration to advance the development and regulation of digital assets.

The meeting focused on identifying joint initiatives, particularly the creation of an international framework to test and regulate digital assets in a controlled environment through a cross-border regulatory sandbox. This sandbox program would enable trial runs of digital assets under the shared supervision of regulatory authorities from both the United States and El Salvador.

The sandbox is expected to feature two major pilot programs: real estate tokenization and small business fundraising. For real estate tokenization, an American-certified brokerage firm will collaborate with a tokenization firm in El Salvador to develop property-backed digital asset projects. These projects will be marketed and sold to US investors by the American brokerage firm, adhering to SEC regulations.

The second pilot program would focus on a small business in El Salvador securing funding by issuing tokenized shares, in partnership with American-authorized broker-dealers. This initiative will provide insights into how to enable efficient private capital market access for small businesses while adhering to U.S. securities laws.

If approved, the sandbox project will generate valuable practical data that the SEC can use to decide on custody solutions, token classification, and how digital assets can be integrated into the U.S. regulatory framework. This data may also help in determining whether and how digital assets may be covered by existing regulations or require new legislation.

Carmen Elena Ochoa de Medina of VLRM Markets stated, “We are focused on transforming the digital asset ecosystem and promoting the global adoption of digital asset tokenization. Our team is dedicated to developing innovative solutions that foster financial inclusion and drive economic growth.”

Following his swearing-in on April 21, 2025, SEC Chair Paul Atkins expressed his aim to establish a firm regulatory foundation for digital assets. He stated that one of his top priorities would be to provide a rational, coherent, and principled approach to digital asset regulation, ensuring that the United States remains the best and most secure place in the world to invest and conduct business in this domain.

This meeting underscores the ongoing efforts to foster cooperation and integration in the global crypto market. As the SEC seeks to navigate the complexities of digital assets, collaborations with other nations and institutions will be crucial in shaping the future of this rapidly evolving technology.output: Key Notes:

* A delegation met with officials from the U.S. Securities and Exchange Commission (SEC) on 22 April 2025, to discuss avenues for cooperation in advancing the development and regulation of digital assets.

* Among the members of the delegation were a former Goldman Sach’s partner, a partner of the Perkin Law Firm, the President of El Salvador’s Comisión Nacional de Activos Digitales (CNAD), and Carmen Elena Ochoa de Medina, Head of VLRM Markets El Salvador.

* The discussion focused on identifying joint initiatives, particularly the creation of an international framework to test and regulate digital assets in a controlled environment through a cross-border regulatory sandbox.

* This sandbox program would enable trial runs of digital assets under the shared supervision of regulatory authorities from both the United States and El Salvador.

* The sandbox is expected to feature two major pilot programs: real estate tokenization and small business fundraising.

* For real estate tokenization, an American-certified brokerage firm will collaborate with a tokenization firm in El Salvador to develop property-backed digital asset projects. These projects will be marketed and sold to U.S. investors by the American brokerage firm, adhering to S.E.C. regulations.

* The second pilot program would focus on a small business in El Salvador securing funding by issuing tokenized shares, in partnership with American-authorized broker-dealers. This initiative will provide insights into how to enable efficient private capital market access for small businesses while adhering to U.S. securities laws.

* If approved, the sandbox project will generate valuable practical data that the S.E.C. can use to decide on custody solutions, token classification, and how digital assets can be integrated into the U.S. regulatory framework.

* This data may also help in determining whether and how digital assets may be covered by existing regulations or require new legislation.

* Carmen Elena Ochoa de Medina of VLRM Markets stated, “We are focused on transforming the digital asset ecosystem and promoting the global adoption of digital asset tokenization. Our team is dedicated to developing innovative solutions that foster financial inclusion and drive economic growth