I-ON Digital Corp Announces Strategic Asset Revaluation and Expansion Initiatives
I-ON Digital Corp.
I-ON Digital Corp ("I-ON" or the "Company"), a leader in real world asset (RWA) digitization and tokenization solutions, announced several strategic initiatives as part of its preparation for an up listing to a new exchange. These initiatives include revaluing its digital asset portfolio, expanding its acquisition of in-situ and unrefined gold reserve claims and enhancing its digital asset platform-as-a-service (PaaS) offerings for medium-sized and regional banks. Revaluation of I-ON's Digital Asset Portfolio In line with the Company's commitment to transparency and market-based asset valuation, I-ON is undertaking a thorough revaluation of its digital asset holdings, including its ION.au gold-backed digital securities. This revaluation will reflect the price realization against the current market value and reflect the future growth potential of these assets, providing a solid foundation for the company's financial standing as it prepares for the up-listing. Accelerated Acquisition of Gold Claims I-ON is intensifying its efforts to digitize and tokenize in-situ gold claims and unrefined gold reserves. By increasing the velocity of these initiatives, the Company aims to expand its asset base and offer innovative investment opportunities through the use of pledged and hypothecated gold-backed securities. This initiative not only enhances the Company's portfolio, but also offers stakeholders secure and efficient access to further appreciation and returns through the institutional deployment of the Company's ION.au digital assets. Expansion of Digital Asset Services As part of its growth strategy, I-ON is expanding its digital asset services to cater to medium-sized and regional banks throughout the United States, providing them with a complete suite of digital asset management tools, robust KYC and AML onboarding, and enhanced AI-assisted digital asset management. This expansion will allow partnering with financial institutions to leverage I-ON's cutting-edge technologies and expertise in digital asset management and security. I-ON delivers secure, compliant, and scalable solutions to empower banks with efficient digital buy, sell, trade, and hypothecation services. About I-ON Digital Corp I-ON Digital Corp is a leading innovator in gold, precious metals, and RWA (real-world asset) digitization, tokenization and digital banking solutions. Our services are engineered to provide a secure, fast, transparent, and institutional-grade ecosystem that digitizes documentary evidence of gold reserve ownership into secure, asset-backed digital securities. This process brings liquidity and accepted value to a wide array of asset classes. Additional information is available at https://iondigitalcorp.com/. Forward-Looking Statements Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements associated with the expected ability of the Company to undertake certain activities and accomplish certain goals and objectives. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as “believes,” “anticipates,” “plans,” “expects,” “intends,” “will,” “goal,” “potential” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon the Company’s current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, risks associated with the process of developing and commercializing its products. These and other risks concerning the Company and its financial position are described in additional detail in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements contained in this press release speak only as of the date on which they were made. The Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made. Contact Details I-ON Digital Corp Investor Relations +1 866-440-2278 investorrelations@iondigitalcorp.com Company Website https://iondigitalcorp.com
November 07, 2024 04:15 PM Eastern Standard Time