In a groundbreaking move for the digital asset and gemstone markets, Zodia Custody, a leading crypto custodian backed by Standard Chartered, has partnered with Swiss fintech firm GEMx to offer tokenized emeralds as an investment opportunity. This innovative product allows institutional investors to gain fractional access to a portfolio of high-quality emeralds, blending traditional asset value with blockchain technology.
The tokenized emeralds are backed by physical stones, ensuring tangible value, while Zodia Custody handles the safekeeping of these digital assets with its bank-grade security infrastructure. This partnership marks a significant step in bridging the gap between conventional gemstone investments and the burgeoning world of tokenization.
Through this collaboration, investors can now diversify their portfolios by accessing the gemstone market without the complexities of physical ownership. The tokens represent fractional ownership, making high-value emeralds more accessible to a broader range of institutional investors.
GEMx, known for its expertise in gemstone-backed financial products, brings credibility and transparency to the initiative. The firm ensures that the emeralds tokenized are of premium quality, with each token tied to a specific portfolio of stones, providing clarity and trust to investors.
This development is part of a larger trend in the financial sector, where traditional assets like real estate, art, and now gemstones are being digitized through blockchain technology. Zodia Custody’s involvement underscores its commitment to expanding the scope of digital asset custody beyond cryptocurrencies to include real-world assets (RWAs).
As the tokenization of unique assets continues to gain traction, this partnership between Zodia Custody and GEMx could pave the way for more innovative investment products, potentially transforming how wealth is managed and accessed in the digital age.
Maria Lourdes
