Standard Chartered-Backed Zodia Custody Starts Safekeeping Tokenized Emeralds
Zodia Custody is looking after tokenized emeralds through a partnership with Swiss fintech firm GEMx.
The EmGemX token is a way for institutional investors to receive fractional ownership in a diversified portfolio of high-quality emeralds.
Physical emeralds, stored in special vaults, which have seen an average annual appreciation of around 9%.