For months, speculation had been swirling in financial circles. As early as January, the news portal 24Seven.news reported that forty asset management (AM) firms were in talks with Themis Ecosystem‘s (TE) founder, Roberto Hroval, about potential collaborations. The question was never whether a deal would happen—it was simply when and who would be the first to bring Industrial Raw Material Units (IRMUs) to market.
Now, we have the answer. The TE founder has announced that the first deal with a Singaporean asset management firm has been finalized. However, according to Hroval, this is just the first step in what will be a much larger wave of adoption. He stated that this transaction will open doors to 3,850 asset management companies with cumulative assets estimated at 14 trillion dollars.