Investment commitment from GEM Digital Limited, a Bahamas-based digital asset investment firm that actively sources, structures and invests in utility tokens listed on over 30 CEXs and DEXs globally. Global Emerging Markets (“GEM”) is a $3.4 billion alternative investment group with offices in Paris, New York and the Bahamas.

In addition, Hashgraph Group, a leader in designing, developing and deploying Hedera-powered DLT solutions on the Hedera network, has signed an agreement with WISeKey to provide seed investment in SEALCOIN AG, engineering and technical expertise, and strategic guidance in the Web3 economy.

WISeKey International Holding Ltd. (WKEY), a leading global cybersecurity and IoT company that acts as a holding company, today announced that SEALCOIN AG has received a $50 million token investment commitment from GEM Digital Limited. SEALCOIN AG was created by WISeKey to serve as a special purpose vehicle (“SPV”) to house the decentralized technology project, SEALCOIN. This significant financial commitment by GEM will be used to develop DePIN, leveraging the Hedera DLT ledger and its smart contracts.