ESG-Focused Blockchain Trrue Secures $10M Investment Commitment From GEM Digital
Trrue, a layer-1 blockchain dedicated to environmental, social, and governance (ESG) compliance, has secured a $10 million investment commitment from GEM Digital. The investment aims to accelerate the development of Trrue's platform. In exchange for their investment, GEM Digital will receive TRRUE tokens. The company's mission focuses on promoting sustainability and regulatory compliance through blockchain technology. The TRRUE utility token, priced at $0.10, is set to be launched with 300 million tokens available for sale, and a listing is anticipated on December 27. Trrue emphasizes the importance of transparency and accountability in its ecosystem, aiming to redefine how blockchain can facilitate ESG-aligned initiatives. The funding will enhance product development and ecosystem growth as well as facilitate further exchange listings for the utility token. Trrue’s CEO, Owen O'Driscoll, expressed optimism about using the funds to onboard impactful projects that will align with ESG goals.
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