Trrue Secures $10 Million Investment from GEM Digital for Network Development
ESG-focused network Trrue announced a $10 million investment from GEM Digital, a digital asset investment firm based in the Bahamas. This investment supports the Trrue ecosystem as it prepares for its Token Generation Event (TGE) scheduled for December 27th.
Trrue Eyes Further Network Development
Trrue is a Layer 1 blockchain that emphasizes compliance with environmental, social, and governance (ESG) standards and real-world asset tokenization. The funds raised will enhance the development of the Trrue network ahead of its TGE launch.
CEO Owen O'Driscoll stated that GEM's support enables Trrue to accelerate development and onboard impactful projects, aiming to redefine blockchain's role in supporting ESG-aligned initiatives.
The investment will be used to further develop Trrue's product, expand its ecosystem, and increase the utility token's presence on additional exchanges.
GEM Digital to Receive TRRUE Tokens in Return For Investment
This investment aligns with GEM Digital's strategy to source, structure, and invest in utility tokens across centralized and decentralized exchanges globally. As part of this commitment, GEM Digital becomes an early investor in Trrue, securing TRRUE tokens in return.
Upon launch, the Trrue blockchain will provide sustainable investment infrastructure supported by transparency and accountability frameworks.