The Vitreus Foundation Secures $15,000,000 Investment Commitment from GEM Digital Limited to Accelerate Decentralized AI Infrastructure Adoption.
[Grand
Cayman,
Sept
2024]
–
Vitreus,
the
visionary
leader
in
decentralized
artificial
intelligence
(AI)
blockchain
technology,
is
thrilled
to
announce
a
groundbreaking
strategic
partnership
with
GEM
Digital
Limited
(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.
The
signing
of
this
agreement
marks
a
significant
milestone
in
Vitreus’
journey
as
GEM
commits
to
a
$15,000,000
USD
investment
commitment
into
Vitreus,
propelling
the
company
into
a
new
era
of
growth
and
innovation.
“We
are
excited
to
welcome
GEM
as
our
first
institutional-grade
investor,”
said
Chad,
Founder.
“GEM’s
commitment
to
our
vision
and
their
substantial
investment
underscores
the
potential
of
Vitreus
to
shape
the
future
of
blockchain
technology.
With
GEM’s
expertise
and
resources,
we
are
poised
to
expand
our
reach,
accelerate
our
development,
and
realize
our
mission
of
creating
a
decentralized,
globally
connected
ecosystem.”
Over
the
next
two
years,
GEM
will
engage
in
ongoing
OTC
purchases
of
wVTRS,
supporting
Vitreus’
growth
while
ensuring
stability
within
the
market.
This
partnership
aligns
with
the
long-term
goals
of
both
Vitreus
and
GEM,
ensuring
a
collaborative
approach
to
driving
innovation
and
expansion
within
the
blockchain
industry.
“As
we
embark
on
this
transformative
journey
with
GEM,
we’ll
unlock
new
possibilities,
drive
innovation,
and
shape
the
future
of
blockchain,”
added
Chad.
“This
partnership
is
not
just
about
investment;
it’s
about
aligning
our
visions
for
a
decentralized
future
and
working
together
to
make
that
future
a
reality.”
The
partnership
with
GEM
is
a
testament
to
Vitreus’
potential
to
disrupt
the
AI
revolution.
Together,
Vitreus
and
GEM
are
set
to
redefine
what
is
possible
in
the
world
of
decentralized
technology.
About
Vitreus
Vitreus
is
a
Layer
0
blockchain
platform
designed
to
efficiently
empower
innovation
through
its
unique
multi-token
economics
and
Decentralized
Physical
Infrastructure
Network
(DePIN).
With
VTRS
and
VNRG
at
its
core,
Vitreus
is
building
a
globally
connected,
decentralized
ecosystem
that
stands
at
the
forefront
of
the
Web3
industry.
About
GEM
Digital
Limited
GEM
Digital
Limited,
a
digital
asset
investment
firm
based
in
The
Bahamas,
actively
sources,
structures,
globally,
the
firm
actively
sources,
structures,
and
invests
in
utility
tokens
listed
on
over
30
CEXs
and
DEXs
globally.
Global
Emerging
Markets
(“GEM”)
is
a
$3.4
billion
alternative
investment
group
with
offices
in
Paris,
New
York,
and
Bahamas.
GEM
manages
a
diverse
set
of
investment
vehicles
focused
on
emerging
markets
and
has
completed
over
580
transactions
in
72
countries.
Each
investment
vehicle
has
a
different
degree
of
operational
control,
risk-adjusted
return,
and
liquidity
profile.
The
family
of
funds
and
investment
vehicles
provide
GEM
and
its
partners
with
exposure
to:
Small-Mid
Cap
Management
Buyouts,
Private
Investments
in
Public
Equities
and
select
venture
investments.
We.
Are.
Vitreus.
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