GEM Digital’s Reported $50 Million Investment in GRN GRID Remains Unconfirmed

In September 2022, several press releases and media reports stated that GEM Digital LimitedDealroom has a profile for this one. Try Dealroom → had committed $50 million to the GRN GRID blockchain project, operated by the Switzerland-based GRN Association.

However, the reports are based on press releases and statements from the involved parties, and there is no independent verification or follow-up confirmation beyond the initial announcements.

As of June 2025, the official website for GRN GRID is no longer operational, and there have been no recent updates from the project or its team.

At this time, validation of the reported funding remains pending.

Sources:
Tech.eu
EU-Startups
Greater Zurich Area
Yahoo! Finance

J.V.