Trrue, a layer-1 blockchain focused on environmental, social and governance (ESG) compliance and real-world asset tokenization received a $10 million investment commitment from GEM Digital, the company said in a press release on Tuesday.
The money will be used to accelerate the development of Ireland-based Trrue’s platform, the company said.
GEM Digital is a Bahamas-based $3.4 billion alternative investment group that specializes in the digital asset sector. It will receive TRRUE tokens in return for the investment. The company invests in utility tokens listed on centralized (CEXs) and decentralized exchanges (DEXs).
The token is being offered at $0.10 on a number of launchpads, the company said on X, with a total of 300 million tokens being sold. Listing is planned for Dec. 27.
Trrue said it is dedicated to creating a blockckchain ecosystem that promotes transparency, accountability and sustainable investment opportunities, adding that…
