Apex Group has announced plans to tokenize the Omnes Mining Note (OMN) on Base, Coinbase's Ethereum Layer 2 network. The OMN is a structured note backed by Bitcoin hashing power, tailored for professional non-U.S. investors. It offers economic exposure to Bitcoin production without the need for mining infrastructure or compliance burdens. Each note represents 1 PH/s of hashing power over a 36-month term, with ownership recorded on-chain via the ERC-3643 standard. Future plans may allow these tokens to be used as collateral for lending.
Apex Group to Tokenize Bitcoin Mining Notes on Coinbase's Base Network
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