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Employing proprietary means, the Company will immediately convert the 9,700 Orebits.au into I-ON's own gold-backed digital securities, referred to commercially as ION.au. By leveraging its internally developed and acquired patent & intellectual property portfolio, the Company aims to enhance the underlying value of these digital securities. Having validated internal applications for institutional-level asset digitization and treatment, the Company looks to renew its focus on the acquisition of US-based gold and other mineral asset claims. With the addition of an estimated
"We are extremely excited to announce the completion of this transaction and can't wait to deploy increased shareholder equity to further expand and enhance our asset digitization offerings in the marketplace," shared
About
I-ON is a leading-edge provider of asset-digitization and securitization solutions engineered to provide a secure, fast, transparent, and institutional-grade ecosystem that digitizes documentary evidence of ownership, in accordance with a rigorous onboarding and acceptance process, into secure, asset-backed digital certificates that bring liquidity and accepted value to a wide-array of asset classes.
I-ON develops, acquires, and deploys a portfolio of novel and patented next-generation technologies that have been integrated and engineered into a comprehensive ecosystem built on a zero-trust, hybrid blockchain architecture that utilizes state-of-the-art smart contracts and sophisticated workflow management AI technologies to digitize ownership records of recoverable gold, precious metal, and mineral reserves into digital certificates that facilitate wealth transfer through new asset-backed financial instruments and asset classes that provide reserve owners and investors a new channel to maximize portfolio liquidity.
By offering services associated with asset digitization and securitization, and by licensing the Company's expanding intellectual property portfolio, I-ON is able to generate revenue through transaction fees while actively growing innovative platforms beneficial for next-generation transactional models. Additional information is available at https://iondigitalcorp.com/.
Forward-Looking Statements
This news release contains forward-looking statements involving risks and uncertainties, which may cause results to differ materially from the statements made. When used in this document, the words "may," "would," "could," "will," "intend," "look to," plan," "anticipate," "believe," "estimate," "expect," "seek," "potential," "outlook," and similar expressions are intended to identify forward-looking statements. Such statements, including, but not limited to, I-ON's current views with respect to future events and its financial forecasts, are subject to such risks and uncertainties. Many factors could cause actual results to differ materially from the statements made, including those risks described from time to time in filings made by I-ON with the
Contact Details
Oktane Media
+1 866-440-2278
IR@iondigitalcorp.com
Company Website
https://iondigitalcorp.com
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Copyright (c) 2023 TheNewswire - All rights reserved., source