Coinbase Insider reports that Apex Group, a fund services giant managing over $3.5 trillion in assets, announced that it will tokenize Omnes Mining Note (OMN) on Base, Ethereum's layer 2 network under Coinbase. OMN is an institutional-grade structured note backed by Bitcoin hashpower, targeting professional non-U.S. investors, providing economic exposure directly linked to new Bitcoin production without bearing operational burdens such as mining infrastructure, hardware, energy, and compliance. Each OMN corresponds to a fixed 1 PH/s hashpower with a term of 36 months. Ownership is recorded on-chain via the ERC-3643 standard and may potentially serve as collateral for permissioned lending in the future.

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