HomeCayman IslandsThe Vitreus Foundation Receives $15M Investment Commitment from GEM Digital Limited

The Vitreus Foundation Receives $15M Investment Commitment from GEM Digital Limited

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The Vitreus Foundation

The Vitreus Foundation, a Grand Cayman, Cayman Islands-based organization which specializes in decentralized artificial intelligence (AI) blockchain technology, received a $15M investment from Gem Digital Limited.

Over the next two years, GEM, a digital asset investment firm based in The Bahamas that actively sources, structures and invests in utility tokens listed on over 30 CEXs and DEXs globally, will engage in ongoing OTC purchases of wVTRS, supporting Vitreus’ growth while ensuring stability within the market.

Vitreus is a provider of a Layer 0 blockchain platform designed to efficiently empower innovation through its multi-token economics and Decentralized Physical Infrastructure Network (DePIN). With VTRS and VNRG at its core, it is building a globally connected, decentralized ecosystem that stands at the forefront of the Web3 industry.

FinSMEs

16/09/2024

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