Crypto News

GEM Digital Limited Commits $50M to Inery Ahead of the Coin Launch and Listing

[PRESS RELEASE – Singapore, Singapore, 17th September 2022]

Inery secured $50 million in an Investment Commitment from GEM Digital Limited (GEM) because it plans for the itemizing and launch of its token, $INR, in Q3 of 2022.

seventeenth September 2022, Singapore Inery, a decentralized knowledge administration system, has introduced that it has secured an funding dedication from GEM Digital Limited (GEM). Inery is a decentralized knowledge administration system bringing DB to Web3.

GEM Digital Limited is a digital asset funding agency. Based in The Bahamas, the agency actively sources, constructions, and invests in utility tokens listed on over 30 CEXs and DEXs globally.

Inery goals to present decentralized knowledge administration companies to each Web2 and Web3 customers throughout various industries. The project makes use of blockchain functionalities and distributed database synergies to allow enterprises and builders to safely retailer, handle, entry, and present knowledge on a decentralized infrastructure. Inery gained traction with the launch of its first public testnet on August 10, 2022, forward of its upcoming mainnet launch. Inery is getting ready for the itemizing of its token in Q3 2022.

Through this funding, Inery goals to broaden its use circumstances—making it extra accessible to the common inhabitants who aren’t Web3 or blockchain native. As GEM is a longtime fund in the conventional markets, it is a vital milestone in pushing Inery to turn into extra mainstream.

“This commitment from GEM will push Inery a step closer to becoming the global standard in database management. Not just in the web 3 world, but in the traditional sense as well for all companies and professionals” stated Inery CEO and co-founder Dr. Naveen Singh.

Inery’s coin (INR) will probably be listed this quarter (2022), following intently their testnet launch in Q3 (2022).

About Inery

Inery allows a decentralized, safe, and trusted basis for database administration by leveraging blockchain technology. Inery introduces a decentralized and distributed infrastructure for database administration.

About GEM Digital Limited

GEM Digital Limited is a digital asset funding agency. Based in The Bahamas, the agency actively sources, constructions, and invests in utility tokens listed on over 30 CEXs and DEXs globally.

Global Emerging Markets (“GEM”) is a $3.4 billion different funding group with places of work in Paris, New York, and the Bahamas. GEM manages a various set of funding autos targeted on rising markets and has accomplished over 530 transactions in 72 international locations. Each funding automobile has a special diploma of operational management, risk-adjusted return, and liquidity profile. The household of funds and funding autos offers GEM and its companions with publicity to Small-Mid Cap Management Buyouts, Private Investments in Public Equities, and choose enterprise investments.

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