Realio Technology, a SaaS platform for the issuance, investment, and management of digital assets, says it will tokenize a Bitcoin mining fund. Liquid Mining Fund I is being launched through a partnership with Valentus Digital. The tokenized fund will create yield via a stream of newly mined Bitcoin (BTC).
Realio notes that 30% of Bitcoin miners shut down their operations following the halving event as operations turned unprofitable. The company says it has stable access to cheap energy and thus can remain competitive.
Initially capitalized by principals of both Realio and Valentus Capital Management, Liquid Mining Fund I reportedly has already deployed capital into Project Rhodium as its first investment, a Bitcoin mining company which has secured low-cost energy.
Derek Boirun, CEO and founder of Realio, says his vision is to create a tradable token that is “wrapped inside a decentralized liquidity pool.”
“As a real-estate-focused platform, the strategy is a great fit for Realio. Bitcoin-mining facilities are similar to data centers, and the business model makes sense to real estate investors.”
Nicholas Cerasuolo, Rhodium Principal and Advisor to Realio, adds this should give institutional investors the confidence needed to step into the digital asset space with relatively low risk and nearly zero effort on their part.
“It is a bigger risk not to have 1 percent of your portfolio allocated to digital assets at this point, especially given the macroeconomic conditions.”
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