Victoria, BC, Canada – June 3, 2024 – Nval, a pioneering fintech company, today announced a
seed investment by venture capital firm Sarson Funds. This investment will fuel Nval's mission
to provide accurate and reliable valuations for non-fungible tokens (NFTs), ensuring
compliance with Generally Accepted Accounting Principles (GAAP) and International Financial
Reporting Standards (IFRS).
As the tokenization of real-world assets (RWAs) continues to gain momentum, the need for
transparent markets has become increasingly critical. Nval's innovative platform addresses
this challenge by empowering businesses and investors to make informed decisions in the
rapidly evolving digital asset market.
"We are thrilled to have Sarson Funds on board as a customer and strategic partner" said
Layne Nadeau CEO of Nval. "Their investment validates our vision of transforming the NFT
valuation landscape and providing businesses with the tools they need to navigate the
complexities of tokenized asset markets."
"Nval's groundbreaking approach to NFT valuation aligns perfectly with our investment
strategy," said John Sarson, CIO of Sarson Funds. "We are confident that their team's expertise
and innovative technology will revolutionize the way NFTs are valued and traded."
Nval’s customers include leading financial institutions, digital asset funds, and accounting
partners who require institutional compliant transparency to incorporate NFTs in investment
portfolios and operations. Nval’s accurate valuations and compliance-focused approach have
been invaluable for their businesses.
With this funding, Nval will expand its team, enhance its platform capabilities, and accelerate
its market penetration. By delivering reliable and compliant NFT valuations, Nval is poised to
become the go-to solution for businesses and investors seeking to harness the power of digital
assets.