Omnes and Apex Group have announced plans to launch a tokenized debt note tied to Bitcoin mining activity on Base. The product will package Bitcoin hashrate exposure into an onchain financial instrument aimed at professional investors outside the United States.
Summary
- Omnes and Apex will issue OMN on Base, bringing Bitcoin hashrate exposure to approved investors.
- The secured debt note targets institutions seeking Bitcoin mining exposure without managing hardware or facilities exposure without managing hardware or facilities.
- The launch comes as tokenized real-world assets remain near $23 billion across public blockchains.
Meanwhile, financial technology firm Omnes and financial services provider Apex Group said they will tokenize the Omnes Mining Note, or OMN, on Base. Base is Coinbase’s Ethereum layer-2 network, and the companies said the note will be issued and managed there.
The OMN is structured as a secured debt note backed by Bitcoin hashrate. The product is designed to give approved investors exposure to new Bitcoin production without requiring them to operate mining machines or manage mining sites.
Apex said the note offers institutional investors “direct economic exposure to new Bitcoin production measured in hashrate.” The structure is meant to remove the need to handle hardware, power sourcing, and facility management.
The companies said the product will use hashrate as its core reference point. Hashrate refers to the computing power used to secure the Bitcoin network and generate new coins through mining activity.
Moreover, the OMN applies a familiar debt note structure while adding blockchain-based transfer features. According to the announcement, approved investors will be able to transfer the note onchain within a regulated framework. Omnes CEO Emmanuel Montero said,
“Bitcoin mining is the only mechanism that creates new Bitcoin through protocol issuance.”
He added that this model differs from yield strategies that depend on existing Bitcoin already in circulation.
While the structure expands access to Bitcoin mining exposure, some parts of the product remain unclear. The announcement did not fully explain how hashrate performance will convert into investor returns.
The companies also did not provide full details on the note’s liquidity terms or its risk profile. Those details may matter for investors assessing how the product would perform under changing mining and market conditions.
Additionally, the launch comes as tokenized real-world assets keep expanding in 2026. Data from DefiLlama showed on March 11 that tokenized RWAs on public blockchains reached about $23.6 billion, up 66% since the start of the year.
At the time of reporting, the onchain market cap for tokenized RWAs stood near $23 billion. The OMN adds another category to that market by linking a structured note to Bitcoin mining output.
