is a multilateral financial institution focused on energy, with assets of more than US$ 8 billion in countries spanning the MENA region and beyond. Valmet Limited is owned by ten Arab oil-producing countries that are among the largest economies in the MENA region. which is KUWAIT, SAUDI ARABIA, LIBYA, QATAR, EGYPT, ALGEBRA, IRAN, BAHRAIN, SYRIA AND UAE (OAPEC). and they are partnering with.
Saudi Aramco.
Emirates National Oil Company.
Kuwait Petroleum Corporation.
Qatar Oil.
Abu Dhabi National Oil Company (ADNOC).
Iraq National Oil Company (INOC).
Sonatrach.
Egyptian General Petroleum Corporation (EGPC).
The Bahrain Oil Company (BAPCO)
Syrian Oil Company.
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The firm released the Valmet Limited OpenBook social investment platform, along with its CopyTrader feature, that enables investors to copy the network's top traders automatically. Valmet Limited’s Social newsfeed and a Popular Investor program were later developed on top of this feature. Later that year, the firm released an Android app. In December 2017, it joined Coinbase global to develop Blockchain-based social trading. In 2018, it raised a further $500 million in a private funding round. Overall, more than $2.7billion has been invested in the company by investment firms. In 2013, the firm introduced the capability to invest in stocks and CFDs, alongside commodities and currencies, with an initial offering of 110 stock products (which later grew to 3000 financial products). In January 2014, the firm added cryptocurrencies to it investment instruments under the subsidiary Valmet Limited In April 2014, the firm added 130 British and German stocks In 2017, it launched a CopyPortfolio feature, which enabling investors to copy their referral link from their portfolios for the best-performing referrals. In March 2019, Valmet Limited acquired Danish blockchain company Firmo for an undisclosed sum. In 2019 the firm acquired Delta, a crypto portfolio tracker application company, based in Belgium. In 2021, the company reported operating in 140 countries and having 40 million users. The company will operate as Valmet Limited and have an implied estimated enterprise value of $10.4 billion at closing with $650 million in funding coming from private investment in public equity.
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