Crypto finance firm Omnes has partnered with financial service provider Apex Group to tokenize debt instruments tied directly to the mining performance of Bitcoin. The companies will bring the structured Omnes Mining Note onchain to offer institutional investors direct exposure to the computational power of the network coupled with a fixed yield, the firms detailed in a joint statement.
Omnes Partners with Financial Provider Apex to Tokenize Bitcoin Hashrate
Underpinned by Coinbase's Base network
The note will be issued on Base, the layer-2 blockchain operated by the Coinbase exchange. Regulated tokenized instruments provide institutions a compliant way to safely gain exposure to digital assets. The specific note will be available to international firms outside the US s and is directly tied to the underlying computational hashrate of the network.
Apex bets big on tokenization
The Bermuda-based financial provider is actively bridging the gap between traditional institutions and digital assets. The firm currently oversees a $3.5tn global portfolio and recently partnered with World Liberty Financial to broaden the scope of the USD1 stablecoin backed by the Trump family.
The digital asset will be fully integrated into the broader ecosystem of the financial provider. The firm ultimately aims to tokenize $100bn worth of assets by June 2027. The operator will use the Polygon network and its specific ledger infrastructure to handle the ongoing distribution and management of these onchain assets.