Trrue Secures $10M from GEM Digital to Drive ESG and RWA Innovation

As a seasoned crypto investor with a keen eye for sustainable and impactful projects, I am thrilled to see Trrue secure a significant investment from GEM Digital. With my experience spanning over a decade, I’ve seen my fair share of blockchain projects come and go, but Trrue stands out due to its unique focus on ESG-aligned initiatives and real-world asset tokenization.

Today, ESG-centric network True revealed they’ve obtained a $10 million investment from GEM Digital, an investment company specializing in digital assets, located in the Bahamas.

With GEM Digital’s investment, the Trrue ecosystem has reached a significant milestone, gearing up for its upcoming Token Generation Event (TGE) within the next few days.

Trrue Eyes Further Network Development

Indeed, True is a cutting-edge Layer 1 blockchain platform that prioritizes expanded compliance possibilities within the realms of environmental, social, and governance (ESG) issues as well as tokenizing real-world assets.

As stated in the announcement, the funds generated through the commitment will be channeled towards accelerating the advancement of the True network prior to its Token Generation Event (TGE) on December 27th.

In simpler terms, CEO Owen O’Driscoll highlighted that GEM is behind us, empowering us to speed up our progress, take on meaningful projects, and reshape the way blockchain contributes to Environmental, Social, and Governance (ESG) goals.

The investment aims to speed up the advancement of the blockchain, as the company announced its plans to use the funds for product development, expanding the ecosystem, and introducing its utility token on additional trading platforms.

GEM Digital to Receive TRRUE Tokens in Return For Investment

With this recent action, GEM Digital is staying true to its promise of proactively seeking, organizing, and funding utility tokens across both centralized and decentralized trading platforms, globally.

After making an investment in Trrue’s listing, GEM Digitals has become part of the project’s initial group of investors. This move grants them TRRUE tokens as a result.

As a researcher, I’m eagerly anticipating the launch of the Trrue blockchain. This innovative platform promises to establish a sustainable investment infrastructure using its token system, all while ensuring strong transparency and accountability mechanisms are in place.

 

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2024-12-24 22:18