AMA-AMBIOGEO, a mining Joint Venture (JV) with a focus on sustainable resource management, announces the tokenization of $4.6 billion in gold reserves, using Tokeny’s technology to transform previously inaccessible real-world assets (RWA) into tradable and compliant digital securities.
The JV between AMA Resources and AMBIOGEO “adds up 70 years of mining experience and fuses the talent of people distributed worldwide to change the financial capability of miners in South America, becoming one of the largest and most important exploration companies in that region and standing out as a unique player in the natural resources sector.”
The Supernova Project is the inaugural “venture in which AMA-AMBIOGEO has tokenized its gold reserves.”
This project combines two reserves “located in northern Brazil: Supernova and Riacho Seco, holding a total of 474 metric tons of gold certified under the S-K 1300 standard, with an economic value of $36.8 billion at the time of tokenization.”
The discounted cash flow (DCF) or present value “given to the asset was, however, 12.5% or $4.6 billion, accounting for extraction costs, current state of the mines and time value of money.”
The asset has been transferred to “a Wyoming LLC of which its equity securities have been tokenized and are being promoted through a Private Placement offering under SEC Regulation D, Rule 506(c), and Regulation S for non-US investors.”
AMA-AMBIOGEO’ sustainability model “leverages tokenization to unlock the financial value of gold reserves while allowing most of the minerals to remain in the ground.”
By converting these reserves into digital securities, investors can “own a stake without the need for physical extraction, preserving the environment and providing liquidity through fractional ownership.”
Unlike owning physical gold or land, “co-ownership of tokenized proven gold reserves offers a sustainable way to unlock value without extraction. Our goal is to modernize the mining industry through innovation and sustainability.”
Tokeny’s role as the technology provider “for this innovative project ensures secure, compliant, and efficient tokenization, using the ERC-3643 standard to ensure compliance and interoperability.”
It lays the foundation for broad distribution “in multiple marketplaces and future integration with DeFi platforms to enable innovative features yet to come.”
AMA Resources is a dynamic corporation “headquartered in Florida (US). It holds ownership of nineteen properties, totaling approximately 22,101 hectares (equivalent to 54,613 acres).”
In addition, it holds several gold and copper “concessions in Argentina.”
These strategically located properties boast proximity “to essential infrastructure, including water, electricity, and transportation access via land, rail, or sea. Its core focus lies in exploration financing, leveraging the innovative concept of tokenization.”
AMBIOGEO is a mining company “committed to sustainability and social responsibility, located in Parnamirim, Rio Grande do Norte, but active in all regions of Brazil.”
The company operates mainly in various professional, scientific and technical activities, “with a significant focus on environmental and geological consulting.”
By harnessing blockchain technology, they aim to transform “proven mineral reserves into tradable digital assets.”
Their mission: to unlock value, enhance liquidity, and “empower investors in the natural resources landscape.”
Tokeny is an onchain finance operating system.
Tokeny has pioneered compliant tokenization “with the open-source ERC-3643 standard and advanced white-label software solutions.”
The enterprise-grade platform and APIs unify “fragmented onchain and offchain workflows, integrating essential services to eliminate silos.”
It enables seamless issuance, transfer, and “management of tokenized securities.”
By automating operations, offering innovative onchain services, and “connecting with any desired distributors, Tokeny helps financial actors attract more clients and improve liquidity.”
Tokeny has executed over 120 use cases “across five continents and facilitated 3 billion onchain transactions and operations.”