- Joint Venture and its Benefits
- The Supernova Project and its Significance
- Tokeny's Role in the Project
AMA-AMBIOGEO, a pioneering joint venture focused on sustainable resource management, has announced the tokenization of $4.6 billion in gold reserves, utilizing Tokeny’s technology to transform previously inaccessible real-world assets into tradable digital securities.
Joint Venture and its Benefits
Formed by AMA Resources and AMBIOGEO, this joint venture brings together 70 years of mining expertise, assembling global talent to revolutionize the financial capacity of miners in South America. As one of the region’s largest exploration companies, AMA-AMBIOGEO is carving out a unique position in the natural resources sector.
The Supernova Project and its Significance
The flagship Supernova Project involves the tokenization of gold reserves across two sites in northern Brazil: Supernova and Riacho Seco. Together, these sites hold 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) value was set at 12.5%, or $4.6 billion, after accounting for extraction costs, the state of the mines, and time value of money. These assets have been transferred to a Wyoming LLC, with its equity securities tokenized and promoted through a Private Placement offering under SEC Regulation D, Rule 506(c), and Regulation S for non-US investors.
Tokeny's Role in the Project
AMA-AMBIOGEO’s sustainability model capitalizes on tokenization to unlock the financial value of gold reserves, while minimizing physical extraction. By converting these reserves into digital securities, investors gain fractional ownership without the need for mining, preserving the environment and providing liquidity. Tokeny’s role in this transformative project ensures secure, compliant, and efficient tokenization using the ERC-3643 standard, enabling broad distribution across multiple marketplaces and future integration with DeFi platforms for added features.
The tokenization of gold reserves by AMA-AMBIOGEO using Tokeny's technology gives investors the opportunity to own assets without the need for gold extraction, preserving the environment and ensuring liquidity.
