African infrastructure firm lands $150M to launch crypto water token

Cointelegraph

Published Jul 05, 2022 01:35AM ET

Updated Jul 05, 2022 03:20AM ET

South Africa-based H20 Securities has reportedly raised $150 million from the GEM Digital investment firm through the sale of the H20N token.

By investing such a tremendous amount, GEM Digital will hold H20N tokens, which will be used to guide funding in water delivery infrastructure in areas that lack sufficient access to fresh water.

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