Apex Group will tokenize Bitcoin mining note OMN on Coinbaseplatform

According to CoinDesk, fund services giant Apex Group, which manages more than $3.5 trillion in assets, announced that it will tokenize OmnesMiningNote (OMN) on Coinbase's Ethereum Layer 2 network Base platform. OMN is an institutional-level structured note backed by Bitcoin computing power. It is aimed at professional non-U.S. investors and provides economic exposure directly linked to the production of new Bitcoin without having to bear mining infrastructure, hardware, energy and compliance. and other operating burdens. Each OMN corresponds to a fixed computing power of 1PH/s and has a term of 36 months. The ownership is recorded on the chain through the ERC-3643 standard and may be used as collateral for licensed loans in the future.