Ireland-based blockchain company Trrue has secured a $10 million investment from GEM Digital, a Bahamas-based alternative investment firm with $3.4 billion in assets. The funding will drive the development of Trrue’s layer-1 blockchain platform, which focuses on environmental, social, and governance (ESG) compliance and real-world asset tokenisation.
The investment will be exchanged for TRRUE tokens, the utility token at the core of the platform. Priced at $0.10, the tokens are available on multiple launchpads, with a total of 300 million tokens being sold ahead of a planned listing on December 27. The funds will be used for product development, ecosystem expansion, and additional exchange listings.
“This partnership with GEM enables us to accelerate development, onboard impactful projects, and redefine how blockchain supports ESG-aligned initiatives,” said Owen O’Driscoll, CEO of Trrue.
Trrue’s blockchain aims to promote transparency, accountability, and sustainable investment opportunities in the digital asset sector. The company plans to leverage the funding to scale its ecosystem and enhance support for ESG-driven projects. GEM Digital, known for investing in utility tokens across centralised and decentralised exchanges, adds significant backing to Trrue’s mission.
