Fund services company Apex Group (managing and administrating assets exceeding $3.5 trillion) announced that it will tokenize the Omnes Mining Note (OMN) structured notes and issue them on the Base network. The product targets non-US professional investors, providing economic exposure to new bitcoin production, with each OMN corresponding to 1 PH/s (petahash per second) of bitcoin mining power, with a 36-month maturity. Note ownership will be recorded in book form and mapped on-chain through the ERC-3643 standard. (CoinDesk)
Fund services company Apex Group (managing and administrating assets exceeding $3.5 trillion) announced that it will tokenize the Omnes Mining Note (OMN) structured notes and issue them on the Base network. The product targets non-US professional investors, providing economic exposure to new bitcoin production, with each OMN corresponding to 1 PH/s (petahash per second) of bitcoin mining power, with a 36-month maturity. Note ownership will be recorded in book form and mapped on-chain through the ERC-3643 standard. (CoinDesk)