Apex to Tokenize Omnes Bitcoin Mining Note on Coinbase’s Base
The move shows layer-2 blockchains can host compliant products for institutions.
Overview
- Apex Group, which announced the plan Tuesday, will issue and manage the Omnes Mining Note on Base for professional non-U.S. investors.
- The note gives buyers economic exposure to newly created bitcoin through allocated hashrate, so they do not need to run mining hardware or power contracts.
- Each OMN ties to 1 petahash per second of bitcoin mining capacity for 36 months, defining returns by the computing power that creates new coins.
- Ownership stays in traditional book-entry records and mirrors onchain under the ERC-3643 standard, and Apex said qualified holders can transfer the note onchain and may later post it as collateral in permissioned lending.
- Apex’s push builds on its 2025 purchase of Tokeny, which developed ERC-3643, and follows its Base integration for the Coinbase Bitcoin Yield Fund, with Base’s Jesse Pollak calling the issuance proof that onchain finance can support real-world industrial assets and Omnes’ CEO stressing it differs from yield products that recycle existing bitcoin.