GreenX approves listing of KS Digital's gemstone-backed token, KSGEMS, valued at $24.37M.

GreenX, a Shariah-compliant ESG digital asset exchange, has approved the listing of KS Digital's "KSGEMS" Token, which is backed by 28 high-quality gemstones, including rubies and sapphires. The total weight is 498.04 carats, valued at approximately $24.37 million, with a 21.28% discount for STO investors. Each gemstone is multi-certified for authenticity. GreenX CEO Philip Tam noted the increasing significance of gemstones as an alternative asset class.

September 26, 2024
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