Apex Group, a global leader in fund services managing over $3.5 trillion in assets, has moved to accelerate its investments in digital asset tokenization. The firm has unveiled a structured financial product that enables institutional clients to earn returns through Bitcoin mining. Apex will issue and administer this innovative product in integration with Base, the Ethereum-powered blockchain network operated by US crypto exchange Coinbase.
Apex Group Advances in Asset Tokenization
Last year, Apex Group underscored its ambitions in digital asset technology by acquiring Tokeny, a company specializing in the tokenization of real-world assets (RWA). The company has now announced it will issue a tokenized note—dubbed the Omnes Mining Note (OMN)—built on the underlying power of Bitcoin mining. The OMN product is designed to offer qualified, non-US investors direct access to profits generated from new Bitcoin mined, representing a significant step in democratizing exposure to mining-based yield strategies.
Each OMN note is backed by one petahash per second (1 PH/s) of mining capacity and has a maturity of 36 months. Ownership is simultaneously tracked through conventional bookkeeping and via the Ethereum-based ERC-3643 protocol, a standard developed by Tokeny to digitally represent and manage real-world assets on blockchain. This dual-record system ensures security and transparency for holders.
The product’s structure shields investors from the technical complexities often associated with crypto mining. Investors do not shoulder direct responsibility for setting up mining infrastructure, managing hardware, or dealing with energy and regulatory issues. Instead, they benefit exclusively from the financial returns, bypassing operational hurdles that previously confined mining profits to industry insiders.
New Opportunities for Institutional Players
Peter Hughes, founder and CEO of Apex Group, highlighted that the OMN token opens a realm of possibilities not available in traditional financial notes. Qualified investors can transfer OMN tokens digitally, and in the future, may be able to use these tokens as collateral in permissioned lending transactions, thus diversifying their liquidity and use cases.
Hughes emphasized that this mechanism increases the liquidity of the OMN token and allows the Omnes product to become more scalable and accessible worldwide.
Just last week, Apex announced that its Coinbase Bitcoin Yield Fund was now accessible to investors via the Base network as part of a growing collaboration between Apex and Coinbase. The partnership aims to create compliant, blockchain-based financial products for a wider range of institutional clients.
Jesse Pollak, the architect of Base, described the introduction of a regulated, blockchain-native debt product as a major leap forward. Pollak argued that OMN is not just a milestone for crypto-native products, but also bridges the gap between the blockchain sector and the broader real economy.
In Pollak’s view, bringing a mining-revenue-backed debt instrument onto Base signals a new chapter for blockchain-powered finance.
Emmanuel Montero, CEO of Omnes, clarified that Bitcoin production underpins OMN’s returns, differentiating it from financial products that rely on the resale of existing tokens. The model is built on generating new Bitcoins through protocol-based mining, offering a distinct value proposition beyond the recycling of coins on the secondary market.
Montero stressed that OMN grants investors direct access to profits from newly mined Bitcoin—establishing a unique pathway for yield generation.
