Zodia Custody, the crypto custodian supported by major banks like Standard Chartered and SBI, is expanding its services to include the safekeeping of tokenized emeralds. This exciting development comes through a strategic partnership with GEMx, a Swiss fintech company specializing in blockchain-based co-ownership of precious stones.
This collaboration opens up new investment opportunities in the gemstone market via the EmGemX token. Institutional investors can now access a diversified portfolio of high-quality emeralds through fractional ownership, making gemstone investment more accessible and transparent.
The tokenization of real-world assets (RWAs) is bridging the gap between traditional finance and blockchain technology. In this case, physical emeralds—appreciating at an average annual rate of around 9%—are securely stored in vaults and regularly appraised by independent experts, ensuring authenticity and value.
Paul Poltner, CEO and co-founder of GEMx, celebrates this milestone, emphasizing that partnering with Zodia Custody is a significant step toward bringing trust and stability to gemstone investments. He highlights that GEMx has built a framework that delivers real-world value through secure, auditable, and inflation-resistant digital assets.
This innovative approach not only enhances confidence in gemstone investments but also exemplifies how blockchain can revolutionize traditional markets by offering secure, fractional ownership of tangible assets. As the industry embraces tokenization, more investors are expected to discover the benefits of diversified, transparent, and inflation-resistant asset classes.
