According to online reports, the L1 blockchain Trlue, which focuses on ESG compliance and physical asset tokenization, announced that it has received a US$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 US$0.1 at multiple launch pads, and plans to go online for trading on December 27. Owen O'Driscoll, CEO of the project, said the financing will be used for product development, ecosystem expansion and the launch of a token exchange. GEM Digital is a US$3.4 billion digital asset investment institution headquartered in Bahamas.