SALCO Acquires USD $9 Million of Limitless’ $GEMS – Leveraging Everest’s Ecosystem of Custody, Tokenization & Infrastructure

Limitless
marked
a
significant
milestone
in
their
tokenization
journey
with
a
USD
$9
million
sale
of
their
ecosystem
RWA
token
to
SALCO
(South
American
Lithium
Company),
a
key
institutional
partner
in
the
Latin-American
mining
industry.
 The
purchase
highlights
Everest’s
ability
to
tokenize
real
world
assets,
and
facilitate
liquidity.

SALCO
opted
to
financially
structure
part
of
its
operation
in
$GEMS
tokens
instead
of
actual
emeralds
unlocking
the
benefits
of
tokenized
“real”
Real
World
Assets
–
including
portability,
fungibility,
and
collateralization. “We
are
thrilled
to
work
with
Everest,
and
trust
its
world-class
platform
and
management
with
full
confidence.
The
$9M
GEMS
deal
opens
our
ability
to
transact
with
previously
illiquid
assets,
bringing
SALCO
into
the
new
tokenized
future,”
said
Juan
Lasheras-Bunge
of
SALCO.

Limitless,
in
collaboration
with
Everest,
announced
the
launch
of
USD
$20
million
$GEMS
tokens,
backed
by
over
USD
$600
million
in
liquid
assets.
This
launch
introduced
the
first
Real
World
Asset
token
of
its
kind
in
the
RWA
tokenization
space.

$GEMS
are
available
through
the
EverLaunch
platform,

https://everlaunch.org/gems
at
a
fixed
price
of
USD
$1
per
token,
allowing
individuals
to
purchase
with
fiat
or
swap
with
crypto;
the
remaining
$GEMS
will
be
for
sale
until
December
15,
2024.
$GEMS
are
also
tradable
on
QuickSwap
at

https://quickswap.exchange/#/swap?currency0=0x3c499c542cEF5E3811e1192ce70d8cC03d5c3359&currency1=0x25eFae7B0b2866CaFB14E8eaD333a42eeb2A0b80&swapIndex=0

Key
benefits
of
$GEMS
include:

• Access
  a
  multi-billion
  dollar
  mining
  ecosystem
• Industry-leading
  4X
  refund
  policy
• Backed
  by
  $600M+
  in
  collateral
• Stake
  for
  up
  to
  20%
  APY
• Earn
  referral
  rewards

“SALCO,
a
leading
player
in
the
mining
industry,
investing
$9
million
in
$GEMS
is
a
strong
validation
of
our
vision
to
unlock
value
for
institutions
within
the
sector.
Their
decision
to
leverage
the
Everest
ecosystem
underscores
the
confidence
both
SALCO
and
Limitless
have
in
the
security,
innovation,
and
long-term
viability
that
Everest
provides,”
said
Matteo
Rosetti,
General
Manager
of
Limitless.

Join
the
$GEMS
Community

X:

https://x.com/GEMScommunity
Telegram:

https://t.me/GEMS_Token_Community
Telegram
(News):

https://t.me/GEMS_Token_News

About
Viaarpe
Limitless

A
global,
multi-billion
dollar
mining
conglomerate
in
operation
for
more
than
20
years
across
three
continents,
Viaarpe
Limitless
has
a
proven
track
record
of
harvesting
gemstones,
precious
metals,
rare-earth
elements
and
minerals.
Viaarpe
Limitless
is
working
to
change
how
people
discover,
purchase,
and
use
gemstones
with
the
$GEMS
token
offering.
For
more
info,
visit:

https://viaarpelimitless.com/

Contact:

[email protected]

About
SALCO
SALCO
develops
and
commercializes
properties
for
the
mining
industry,
primarily
in
the
“Lithium
Triangle”,
and
strategic
reserves
in
other
Argentine
provinces.
 We
simplify
the
acquisition
of
mining
properties
for
lithium
specialized
companies
in
the
extraction
of
this
mineral,
essential
for
the
current
energy
transition.
For
more
info,
visit:

https://salco.com.ar/index_ing.html

Contact:
https://salco.com.ar/contacto_ing.html