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The Ruby Family Foundation

The Ruby Family Foundation

The Ruby Family Office has proudly established the Ruby Family Foundation and is currently building the team to manage and direct the Foundation’s efforts. The Foundation’s mission is to be the first 100% fully-transparent foundation on the blockchain supporting mothers’ and childrens’ practical, physical and spiritual needs through local communities on the Asian and African continents. The Ruby Family Foundation expects to be fully funded through the efforts of SCS and its liquidity pool structure rather than solely from the Ruby Family Office and outside donations.

Liquidity Through Liquidity Pools

Liquidity Through Liquidity Pools

Our second method for liquidity is using liquidity pools, followed by tokenization of the Ruby asset(s). The amount of cash already deployed to create a rebalanced liquidity pool for ETH/USDC and BTC/USDC is currently just $10M, with a limitation on liquidity partner participation capped at $100M. The Ruby Family Office provides the cash needed to support the net zero gain/loss of the cryptocurrency, which reduces the risk of impermanent loss, and ultimately allows the Ruby Family Office (and Foundation) to benefit from the harvesting of exchange fees only. Once the liquidity pool(s) have reached $100M, the Ruby Family will then have the proven model and market strength to leverage the tokenization of the Ruby assets, thus creating liquidity to support the Ruby Family office mandate. You can read more about our first offer here.

Providing Liquidity For Ruby Gems

Providing Liquidity For Ruby Gems

GIA, the leading authority on precious gemstones, certified a 3.7kg Ruby valued at over $480 million USD. The Ruby Family Office is interested in issuing a Standby Letter of Credit or equivalent financial instrument that can help create liquidity by using the 3.7kg ruby as collateral for lines of credit, SBLCs, or tokenizing the gemstone in the cryptocurrency space. The gemstones have been in the family for two generations, and only recently have been utilized to form liquidity and provide support to the Ruby Family Foundation, for more information please read more about our foundation.