Zodia Custody Appointed as Custodian for GEMx’s Tokenized Emeralds, Pioneering Institutional Access to Gemstone Market

Zodia Custody, a leading institution-first digital assets platform backed by Standard Chartered, in association with Northern Trust, SBI Holdings, National Australia Bank, and Emirates NBD, has been appointed as the digital asset custody partner of GEMx AG, a platform offering institutional-grade, fractional ownership of emeralds.

Designed specifically for institutional investors, banks, and financial institutions, GEMx is building the world’s first USD 2bn emerald Real World Asset (RWA) by making this asset available to the blockchain market. The EmGEMx token streamlines the investment process, offering seamless access to high-quality emeralds. 

Investors receive fractional ownership in a diversified portfolio of high-quality emeralds, which serves as a stable, historically inflation-resistant alternative to traditional investments, enabling banks and institutional investors to diversify their portfolios with secure, real-world assets.

By providing institutional-grade custody services, Zodia Custody ensures the secure management of the EmGEMx token, addressing the critical infrastructure needs of banks and financial institutions so that they can confidently participate in this groundbreaking initiative.

Anoosh Arevshatian, Chief Product Officer at Zodia Custody, shared, “Providing secure custody for GEMx’s tokens is testament to Zodia Custody’s capability in facilitating the practical application of tokenization for real-world assets. Our collaboration with GEMx marks an additional step in our commitment to offering institutional investors secure and compliant access to digital asset opportunities. This partnership presents a further development in the integration of real-world assets into the digital space, and we are excited to contribute to its foundation.” 

“Partnering with Zodia Custody is a major milestone in our mission to bring institutional trust and stability to the gemstone investment market. With GEMx, we’ve built a framework that delivers real-world value through digital innovation that is secure, auditable, and has been historically inflation-resistant,” said Paul Pöltner, CEO and Co-Founder of GEMx AG. “Zodia Custody’s infrastructure allows professional investors to access this unique asset class in a fully compliant, institutional-grade format.”

The EmGEMx Token leverages blockchain technology to facilitate access to emeralds, an asset class that has exhibited an average annual appreciation of approximately 9% over the past three decades, driven by increased demand and diminished supply. These assets are securely stored in independent vaults and subject to regular, independent appraisals, which can provide a tangible hedge against economic uncertainty.