- The U.S. Securities and Exchange Commission recently won a judgment that furthers its efforts to bring crypto-based transactions under its purview, seen as enhancing the sense of security needed for larger public acceptance of the digital sector
- Many investors have taken an interest in the heady accomplishments of the digital asset sector but have been reluctant to get involved due to uncertainties or a simple wariness of having to become tech savvy
- Utah-based Diamond Lake Minerals Inc. is positioning itself as a bridge-builder that helps traditional investors step effortlessly into the digital asset sector with expectations of government-regulated stability
- DLMI’s model presents digital security token offerings as an integral element of its numerous industry-agnostic subsidiaries that have their own investor appeal
Multi-strategy operating company Diamond Lake Minerals (OTC: DLMI) is helping investors navigate the perceived complexities of adding digital assets to their portfolios by providing a more safe and simple gateway. Security tokens, registered with the U.S. Securities and Exchange Commission (“SEC”), are embedded in Diamond Lake’s subsidiaries to form a traditional investment opportunity that is also imbued with digital asset elements.
A recent federal court ruling sustaining the SEC’s continued efforts to bring more crypto-based transactions under its purview, further demonstrates the importance of the legal landscape surrounding the regulation of digital assets (https://ibn.fm/tm7UZ). DLMI’s determination to use only SEC-registered security tokens as the digital offering of its industry-agnostic subsidiaries reflects the company’s emphasis on compliance with securities laws.
“The current philosophy and model is not tokenizing the shares, but it’s actually tokenizing business units within our subsidiaries. So there’ll be an attachment to some revenue-generating mechanism within the subsidiaries that we would go out to the public markets with … and offer participation in those businesses to a global audience,” DLMI CEO Brian J. Esposito said during a recent interview with the Cryptonized webcast (https://ibn.fm/L1QHd). Diamond Lake is making its security token offerings (“STOs”) available through the SEC-regulated security token exchange INX (https://ibn.fm/e9X5l).
“As a supporter and believer and shareholder in DLMI, I want this to be a security that I never want to get rid of … and it’s also a security or a security token that I hold that pays me and my shareholders a dividend or a yield or a revenue share of some sort,” Esposito said. “In theory, you should have a Berkshire-Hathaway class A stock on your hands. … With the idea of what does the future of capitalization look like and what does the future of a global investor look like.”
Esposito said the company is trying to position its offerings as a “missing link” that will bring traditional investors over to the digital environment as they become involved with the company’s subsidiaries, which include sectors ranging from entertainment to healthcare. “You’ve got to future-proof anything. You’ve got to adapt or die. If you don’t, you die — that’s the reality,” he said.
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.
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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