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Reltime Secures Usd 50 Million Commitment From Gem Digital Limited

PRIVATEJul 27, 2022

Amount Raised

$50 Million

Round Type

Funding Round

OsloFinancial ServicesArtificial IntelligenceFinanceFintechBlockchainCryptocurrencyMachine Learning

Description

Reltime AS is pleased to announce a strategic investment partnership with GEM Digital Limited, a digital asset investment firm based in The Bahamas.

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Company Information

Company

Reltime

Location

Oslo, Oslo, Norway

About

Headquartered in Oslo, Reltime has built the World's first global Web3 financial ecosystem on top of its Layer 1 Proof of Authority blockchain. Reltime's platform is based on Web3, Non-Custodian, Digital Fiat supporting both utility and security tokens, for example, Central Bank Digital Currencies (CBDCs). As a disruptive Global Web3 and Metaverse technology company with Nordic trust and transparency, Reltime is changing the game in the New World of Financial Services and offers cutting-edge financial services to telecommunications, financial service providers, retailers and other trusted brands. With wholly owned subsidiaries in Norway, Lithuania and El Salvador, Reltime has received a global license to hold digital assets on behalf of customers and third parties

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