Hey Praetorian, Smart Valor mission is enable frictionless, compliant and secure access to alternative digital assets and to
deploy blockchain technology to democratize access to wealth.
And the platform is open to investors and asset issuer; hence the asset you mentioned might be issued and own by the asset issuer via the platform.
Using the platform to craft and issue their tokens easily, the Platform also performs as an exchange for the listing and trading of asset-backed tokens and being run by blockchain technology, trading can be executed 24/7.
Regarding the token utility,VALOR token is primarily a so-called utility token, giving digital access to the services that are being provided by the VALOR Platform. The VALOR token also has some characteristics of a so-called payment token, because it serves as a means of payment for the provision of certain services provided by members of the VALOR Platform.
It is recommended that you register to read their whitepaper here
https://smartvalor.com/ - it will give you a clearer idea!