ESG-Focused Blockchain Trrue Secures $10M Investment Commitment From GEM Digital
GEM will receive tokens in exchange, while Trrue looks to develop blockchain technology with a focus on sustainability and regulatory compliance.
1. Summary:
Trrue, an ESG-focused layer-1 blockchain platform, secured a $10 million investment commitment from GEM Digital, a Bahamas-based alternative investment group. GEM will receive TRRUE tokens in exchange, and the investment will be used to accelerate Trrue’s platform development. Trrue aims to promote sustainability, regulatory compliance, and real-world asset tokenization within its blockchain ecosystem.
2. Key insights:
– Trrue focuses on ESG compliance and real-world asset tokenization on its blockchain platform.
– The $10 million investment commitment from GEM Digital will support the acceleration of Trrue’s platform development.
– GEM Digital, a $3.4 billion alternative investment group, will receive TRRUE tokens in exchange for their investment.
– Trrue plans to use the funds for product development, ecosystem growth, and expansion of exchange listings for its utility token.
– The TRRUE utility token plays a central role in Trrue’s vision of creating a blockchain ecosystem that promotes transparency, accountability, and sustainable investment opportunities.
