H2O Securities secures a $150M investment as it launches the world’s first crypto water token

Innovation and new solutions change the world and H2O Securities through its H2O Water Network and the world’s first water cryptocurrency the $H2ON Token modernizes the financing, deployment and operation of water plants through the use of blockchain technology. The power of the world’s first water cryptocurrency to change, improve and rapidly finance water globally did not go unnoticed and recently attracted a substantial $150M investment from GEM Digital.

This significant investment from GEM Digital, who are a $3.4 billion Bahamas-based assets investment firm specializing in alternative investments, shows their belief in the power of H2O Securities new water delivery infrastructure system, the H2O Water Network powered by the cryptocurrency ($H2ON).

H2O Securities founder and CEO Julius Steyn upon the announcement of the partnership and investment said that

“We are extremely pleased with GEM’s interest and investment in H2O Securities and believe that the partnership will be mutually beneficial for years to come.”

He further went on to say that

“Water is the most important commodity on earth, and how we manage it now and in future is crucial for humankind. We believe that through H2O Securities’ s H2O Water Network, that combines the strengths of traditional and decentralized finance, as well as the linking of real-world water producing assets with blockchain markets, we can produce more water infrastructure faster and more cost effectively, thereby contributing to a more sustainable future”.

Water scarcities are experienced globally with the WHO estimating that currently 30%, more than two billion people, live in severe water scarce circumstances. Based on this and other reports from the UN, the WHO and the World Bank, water is going to affect more than 50% of the world’s population by 2030. As highlighted by the 2016–18 OECD report, the global funding gap for water infrastructure could exceed $18 trillion by the end of 2030. According to the 2019 World Economic Forum global risk report a water crisis presents a major risk to business and society globally.

Water projects are clearly not being provided for at the rate that is required to solve the problem and there is a growing need. The financing of these water projects is capital intensive, complex and risky, particularly against the backdrop of the current global warming scenario.