Emerald Security Token Enters Regulated Crypto Market with Real-World Asset Focus
The Emerald Security Token, traded as EMRL.D on Polygon, offers investors tokenized exposure to emerald-linked real-world assets. The project's stated goal is to address the structural illiquidity and opacity of the emerald market by providing a standardized and regulated investment instrument.
EMRL.D emerged from the AI.X Pecado and P/E Capital DAO LLC ecosystem, with P/E Capital DAO LLC identified as the issuer in SEC filings. The security token's market position is niche within crypto, part of the real-world-asset segment, and its liquidity indicators are exchange depth, token float, transfer restrictions, and Polygon AMM liquidity.
The project's technical base case is Polygon's proof-of-stake sidechain model, not a bespoke emerald-token blockchain. The EMRL.D contract is a single non-upgradable deployment with a fixed 100 million supply, and its security page claims a CertiK-clean contract review and an Immunefi bounty.
The tokenomics of EMRL.D are simple but legally dense, with a maximum supply of 100 million and no publicly reported circulating supply figures. There is no clear evidence of a proof-of-stake emission schedule or block-reward model, and the project's dilution risk arises from offering terms, issuer capitalization, lockups, legal amendments, secondary sales, and reconciliation between token supply and equity rights.