Key Highlights
- Apex Group deploys the Omnes Mining Note on Base network, targeting professional investors outside the United States.
- The tokenized instrument delivers economic participation in Bitcoin mining operations via dedicated hashrate allocation.
- Every OMN token represents 1 petahash per second of mining power over a three-year period.
- Book-entry ownership records synchronize with onchain representations using the ERC-3643 compliance framework.
- The firm expanded its digital asset infrastructure through its Tokeny acquisition completed in May of the previous year.
Apex Group has launched a tokenized structured note linked to Bitcoin mining operations on Coinbase’s Base network. The financial services provider will distribute the Omnes Mining Note exclusively to qualified investors based outside the United States. This financial instrument delivers participation in bitcoin generation through hashrate allocation, eliminating the need for investors to manage physical mining operations.
Hashrate-Linked Structure Delivers Mining Participation
The global asset administrator has confirmed its tokenization of the Omnes Mining Note, designated as OMN. This structured financial product enables institutional participants to gain bitcoin mining exposure through dedicated computational power. Apex will handle both issuance and administration on Base, the Ethereum layer-2 solution developed by Coinbase.
The OMN provides eligible professional investors from non-U.S. jurisdictions with economic benefits tied to freshly mined bitcoin. Unlike direct cryptocurrency ownership, the instrument quantifies participation through hashrate measurement. This approach removes operational burdens including equipment maintenance, electricity procurement, and mining-specific compliance obligations.
The tokenized note represents 1 petahash per second of computational mining capacity per unit. This hashrate commitment extends across a 36-month investment period. Traditional book-entry recordkeeping operates alongside onchain mirroring through the ERC-3643 token protocol.
The ERC-3643 standard functions as an Ethereum-compatible infrastructure for digitized real-world assets. Tokeny created this protocol specifically to facilitate regulatory-compliant issuance of digital securities. Apex strengthened its position in this sector by acquiring Tokeny during May of last year.
Peter Hughes, who founded and leads Apex Group as CEO, discussed the product’s design in official communications. Hughes noted that tokenization delivers transferability and functional capabilities beyond conventional note structures. He emphasized that authorized investors gain the ability to execute onchain transfers of OMN tokens and potentially utilize them within controlled lending frameworks as collateral.
Digital Asset Platform Expansion Continues on Base
Apex maintains momentum in growing its blockchain-enabled financial services through strategic collaborations and technology integration. The organization oversees approximately $3.5 trillion in assets under administration. Following its Tokeny acquisition, the firm has significantly intensified its commitment to tokenized investment products.
The company collaborates with Coinbase on additional initiatives including the Coinbase Bitcoin Yield Fund. In this arrangement, Apex serves dual roles as transfer agent and maintains net asset value calculations. This collaboration broadens fund accessibility to participants on the Base ecosystem.
Jesse Pollak, who directs Base operations, offered commentary on the OMN deployment. Pollak characterized the introduction of a regulated debt instrument supported by mining infrastructure as a significant milestone. He emphasized that this development demonstrates onchain financial systems can effectively accommodate industrial-scale asset categories.
Emmanuel Montero, chief executive of Omnes, explained the fundamental economics underlying the note structure. Montero highlighted that Bitcoin mining represents the exclusive protocol-level mechanism generating new bitcoin supply. He contrasted this with alternative yield approaches that simply redistribute bitcoin already in circulation.
Documentation on the OMN platform confirms that each digital token reflects corresponding ownership interests through blockchain records. The materials specify that the ERC-3643 framework establishes both transfer protocols and compliance verification processes. Apex will oversee all issuance procedures and lifecycle management throughout the 36-month product duration on Base.
