L1 blockchain Trrue receives $10 million investment commitment from GEM Digital
Trrue, an L1 blockchain focused on ESG compliance and physical asset tokenization, announced a commitment of $10 million in investment from GEM Digital. In exchange, GEM Digital will receive TRRUE tokens.
Trrue is currently selling a total of 300 million TRRUE tokens at a price of $0.1 on multiple launchpads, with plans to go live on December 27th. CEO Owen O'Driscoll stated that the funding will be used for product development, ecosystem expansion, and the launch of the token exchange. GEM Digital is a digital asset investment firm based in the Bahamas with a scale of $3.4 billion.
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