- Utah-based Diamond Lake Minerals is developing its vision of an umbrella parent company that not only holds a variety of industry-crossing subsidiaries, but that also serves as a gateway for cautious investors looking to dip a toe into digital assets
- The company’s vertically integrated portfolio will include holdings that are infused with security token offerings registered with the U.S. Securities and Exchange Commission
- Diamond Lake views its digital asset-in-a-real world asset gateway as a hedge against market volatility, especially for real estate properties that may be over-leveraged and struggling to stay afloat while seeking favorable lending terms
- A recent spate of bad debt concerns in the commercial real estate arena has raised warnings about bank exposure and a possible run against uninsured financiers
Recent concerns about a global wave of commercial real estate loan defaults, described as potentially the worst crisis for the sector since the 2008 bursting of the global financial bubble, is leading banks to proactively assure investors about their ability to absorb potential losses, while investors scrutinize loan books for signs of insecurity (https://ibn.fm/v5SpF).
As investors worry, multi-strategy operating company Diamond Lake Minerals (OTC: DLMI) is pursuing a course that offers investors regulatory oversight in the digital asset market and a potential solution to “underwater” real estate property owners that could offset volatility in the market.
Diamond Lake CEO Brian J. Esposito commented on the company’s solution for helping people generate wealth from both digital and traditional securities in a Jan. 31 interview with Proactive Investors (https://ibn.fm/2BXza), highlighting the role real estate may play in the growth of fractional security token offering (“STO”) ownership of real assets.
“A lot of these properties are highly leveraged — they can be overvalued. And they’re sitting on balance sheets somewhere that have a potential risk factor, especially for banks that are holding this paper,” Esposito said. “It’s very hard to create liquidity for those building holders, or those property holders. So if you were to take that building that you couldn’t get rebank financing … on that property, but it does have the ability to earn and create value, well then you can open it up to millions of people around the world through a proper security token offering and (do) it under the right rules and regulations, where now you have all kinds of potential liquidity and capital coming in.”
Esposito said offsetting market volatility by opening commercial properties up to fractional ownership is Diamond Lake’s approach to creating a “giant funnel of liquidity and access to capital that was never able to be accessed before.”
The company is saying, “Hey, I don’t want to see the real estate market collapse, … because of all those assets in the trillions … that’s on balance sheets around the world,” he added. “If that starts to crumble, it hurts everybody — it hurts the local economy, it hurts the stock market.”
Diamond Lake is creating a powerful parent umbrella company with quality, industry-agnostic assets, and imbuing those vertically integrated subsidiaries with U.S. Securities and Exchange Commission (“SEC”)-registered STOs via the regulated security token exchange INX.
Diamond Lake’s gateway therefore is not only to the real asset holdings in sectors ranging from entertainment to real estate to health care and medicine, but also to the emerging market sector that digital assets comprise.
“We want to always create responsible business transactions. We like to do these things with seasoned entrepreneurs and professionals who’ve got great accounting and regulatory and compliance,” Esposito said. “Anything that’s a really good asset for our balance sheet and anything that we can create great profitability and returns for, that’s what we want under our DLMI umbrella.”
In addition, for information on the company’s security token SEC regulated exchange partner INX, and the development of the INX Way, visit https://www.inx.co/inx-ebook/. This free security token bible, written with the SEC on the rollout of security tokens and the future of digital assets, will greatly deepen your understanding of security tokens.
For more information, visit the company’s website at www.DiamondLakeMinerals.com or LinkedIn page at www.LinkedIn.com/company/Diamond-Lake-Minerals/.
NOTE TO INVESTORS: The latest news and updates relating to DLMI are available in the company’s newsroom at https://ibn.fm/DLMI
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