Trrue, A Blockchain Project Focused

Trrue, A Blockchain Project Focused on Environmental, Social, and Governance Compliance Receives $10 Million Investment Commitment

Trrue, a groundbreaking blockchain project aimed at promoting environmental, social, and governance (ESG) compliance and the tokenization of real-world assets, has secured a substantial $10 million investment commitment from GEM Digital Limited (GEM), according to an official announcement issued on Tuesday.

This funding influx will fuel

This funding influx will fuel the rapid development of Trrue’s innovative platform as it seeks to revolutionize how companies implement ESG criteria across their operations. GEM Digital is a notable alternative investment organization headquartered in The Bahamas. With a sizable portfolio valuing approximately $3.4 billion, the firm primarily concentrates its investments within the thriving digital asset sector.

As part of the agreement,

As part of the agreement, Trrue will issue TRRUE tokens in exchange for GEM’s financial support. These tokens represent utility assets and can be traded on both centralized (CEXs) and decentralized exchanges (DEXs). Investors interested in purchasing TRRUE tokens have access to them via various launchpads at an offering price of $0.10.

In total, Trrue plans to

In total, Trrue plans to mint 300 million units of these utility tokens, slated for trading commencement on December 27th. Central to Trrue’s mission of fostering greater transparency and sustainability across industries is its eponymous utility token – the TRRUE. By leveraging this cryptographic asset, businesses can more seamlessly integrate environmentally responsible practices into their corporate strategies while maintaining high levels of accountability and ethical conduct throughout their supply chains.

CEO Owen O’Driscoll underscored Trrue’s

CEO Owen O’Driscoll underscored Trrue’s ambitious objectives by stating that “with GEM’s backing, we are equipped to accelerate our development, onboard impactful projects, and redefine how blockchain supports ESG-aligned initiatives.” He emphasized the importance of harnessing cutting-edge technology like distributed ledger systems to facilitate ESG adherence among businesses worldwide.

Upon receiving the significant capital

Upon receiving the significant capital injection, Trrue intends to allocate the resources towards bolstering product innovation, cultivating a robust ecosystem around its services, and establishing additional exchange listings for the TRRUE utility token. Through these concerted efforts, the team hopes to propel itself forward into becoming a global leader in delivering transparent and environmentally conscious blockchain solutions designed specifically for socially responsible corporations seeking to establish themselves as sustainable market players in today’s rapidly evolving economic landscape.

Source: Original Post