Emerald Security Token

Emerald Security Token (EMRL.D) is a tokenized real-world asset designed to give holders exposure to emerald-related operations without requiring them to source, store, or handle physical gemstones themselves. The project claims to address the difficulty ordinary investors have in accessing alternative hard-asset markets, particularly the Colombian emerald trade. It does this by combining a Special Purpose Vehicle backed by a reported $90 million SKR certificate with a Colombian operating subsidiary, EMRL.D S.A.S., that conducts direct emerald sourcing and procurement.

EMRL.D tokens exist on the Polygon blockchain, which handles settlement and transaction processing; the project data records no independent consensus algorithm of its own. The token represents a claim within the dual-entity structure — one side holds a financial instrument backed by emerald assets through the SPV, while the other side carries out physical sourcing operations through the Colombian subsidiary. Beyond living on Polygon and representing this structural arrangement, the precise on-chain mechanics governing redemption, governance, or cash flows are not captured in the data stored here.

The data stored for EMRL.D does not include a protocol fee stream, so no fee source, payer, or recipient can be described from the information available here, and fee-based measures are therefore not applicable to this asset. What the data does show is that 25,000,000 tokens are currently in circulation against a maximum supply of 100,000,000, meaning 25 percent of the maximum supply has been issued as of the point-in-time measurement. The remaining 75,000,000 tokens represent a supply-pending figure of 300 percent relative to the current circulating supply, and the fully diluted valuation is 4 times the current market capitalization of approximately $34.84 million.