What is veritanium?

What is it. I’ve been wondering this since last weekend. Is it just currency? Where did they come up with it?

I know it’s some kind of alloy of steel and the “mysterious” predator metal.

So my hunch was right.

I think not 100% sure but the veritanium Is scrap bits of the predator ship and I think the consept is you get payed for collecting it because it’s proof of the predator same as you get payed more for capturing the predator in the game but ye like I said don’t 100% quote me on that it’s just a guess