Key Highlights
- Apex Group partners with Omnes to launch tokenized mining note on Coinbase’s Base network for qualified international investors.
- The financial instrument delivers Bitcoin mining exposure through dedicated hashrate allocation.
- Every OMN token represents 1 petahash per second of mining capacity across a 36-month term.
- Book-entry ownership records synchronize with onchain representation using the ERC-3643 protocol.
- Apex expanded tokenization expertise through Tokeny acquisition completed in May of the previous year.
Apex Group launches a tokenized structured note tied to Bitcoin mining operations on Coinbase’s [[LINK_START_0]]Base network[[LINK_END_0]]. The company offers the Omnes Mining Note to qualified international institutional investors. This financial product delivers bitcoin production exposure via hashrate allocation while eliminating infrastructure management responsibilities.
Structured Mining Product Built Around Hashrate Allocation
Apex Group announced plans to tokenize the Omnes Mining Note, abbreviated as OMN. This structured financial instrument provides institutional participants with Bitcoin mining exposure through dedicated hashrate. The company handles issuance and administration on Base, Coinbase’s Ethereum layer-2 solution.
The OMN grants qualified international investors economic participation in freshly mined bitcoin. The product structures exposure through computational power allocation instead of direct cryptocurrency ownership. Participants bypass hardware maintenance, electricity management, and operational compliance burdens associated with mining facilities.
Each OMN unit secures backing from 1 petahash per second of bitcoin computational power. This allocation persists throughout the note’s 36-month duration. Ownership documentation exists in traditional book-entry format while maintaining onchain representation through the ERC-3643 token protocol.
ERC-3643 functions as an Ethereum-compatible infrastructure for tokenized real-world assets. Tokeny created this framework to facilitate compliant digital security offerings. Apex strengthened its tokenization infrastructure by acquiring Tokeny in May of last year.
Peter Hughes, founder and CEO of Apex Group, explained the product structure. He stated, “Tokenization delivers investors flexibility and functionality beyond traditional note offerings.” Hughes emphasized that eligible participants can execute onchain transfers of OMN and explore collateral applications within authorized lending environments.
Base Network Integration Advances Digital Asset Operations
Apex accelerates its blockchain-based financial services through strategic collaborations and technology adoption. The organization oversees more than $3.5 trillion in client assets under administration. Tokenized financial product development intensified following the Tokeny acquisition.
The firm maintains a separate collaboration with Coinbase through the Coinbase Bitcoin Yield Fund. Apex provides transfer agent services and maintains net asset value records for fund operations. This partnership broadens fund accessibility to Base network participants.
Jesse Pollak, who leads Base operations, shared his perspective on the OMN launch. He remarked, “Introducing a regulated debt instrument backed by mining infrastructure to Base represents significant progress.” Pollak highlighted that this demonstrates blockchain finance capabilities for industrial asset categories.
Emmanuel Montero, CEO of Omnes, outlined the note’s economic framework. He explained, “Bitcoin mining remains the singular method for generating new Bitcoin through protocol-level issuance.” Montero distinguished this approach from yield mechanisms that circulate existing cryptocurrency holdings.
The OMN platform documentation confirms that each token represents mirrored ownership rights onchain. The materials specify that ERC-3643 protocol governs transfer mechanics and compliance verification processes. Apex assumes responsibility for issuance procedures and lifecycle management throughout the 36-month product term on Base.
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