Layer1 Blockchain GRNGrid Raises $50M from GEM Digital

Layer1 blockchain GRNGrid announced that it has raised $50m from GEM Digital. The funding will be invested in further connectivity with crypto Exchanges, adding new global professional partnerships, and building out its blockchain technology and infrastructure. GRNGrid is built to be environmentally friendly and scalable, allowing users to select only nodes running with renewable energy to verify transactions. The native token of GRNGrid is $G, which can be used by validators to stake and earn validation rewards.