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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 $10 million investment commitment from GEM Digital. In exchange, GEM Digital will receive TRRUE tokens. Trrue is currently selling a total of 300 million TRRUE tokens at $0.10 on multiple launchpads and plans to go live on December 27. Owen O'Driscoll, CEO of the project, said the financing will be used for product development, ecosystem expansion and token exchange launch. GEM Digital is a Bahamas-based digital asset investment institution with a scale of $3.40 billion.