- The hoopla surrounding crypto offerings’ highs and lows has attracted scores of new investors in a sort of modern-day gold rush, but the unfamiliarity of the sector to many traditional investors has been off-putting
- Utah-based Diamond Lake Minerals Inc. is redefining itself to attract digital asset-wary investors, by imbuing real world asset subsidiaries with security token offerings registered with the U.S. Securities and Exchange Commission (“SEC”)
- The company’s board members are experienced professionals, and its CEO has been ranked among the world’s Top 10 CEOs for three consecutive years recently by Adria Management, LLC in its World CEO Rankings Awards
- The popularity of DLMI’s approach has built a fan base, significantly increasing the company’s share price within just a few months
Salt Lake City-based company Diamond Lake Minerals (OTC: DLMI) is becoming a rapidly evolving success in the digital asset sector as it redefines its purpose and sets a course to bring digital-wary investors into regulated security token offerings (“STOs”) through a multi-strategy umbrella vision.
CEO Brian J. Esposito was ranked among the world’s Top 10 CEOs between 2020 and 2022 by Adria Management, LLC, and the company’s leadership team is guided by successful industry veterans (https://ibn.fm/UoGdM).
“We’re going to create a powerful parent umbrella company that has tremendous assets on its balance sheet as we continue to build and grow. Wonderful subsidiaries that we identify as great targets for our shareholders,” Esposito told Benzinga. “If you look at our board and the amount of wonderful icons that are very seasoned and very respected in their industries, having them support our vision and support our subsidiaries should give us a lot of strength and access and opportunities to help these companies really grow.”
DLMI’s vision entails operating, acquiring, building and supporting a large variety of companies in an industry-agnostic approach that provides DLMI investors an opportune gateway into all its divisional products.
Since the subsidiaries are each imbued with SEC-registered STOs through the regulated security token exchange INX, the company’s approach serves as a bridge for digital asset-uncertain investors to cross over to digital tokens without having to navigate the complexities of setting up a digital wallet and becoming hyper-attuned to the movements of crypto offerings.
“So we’re combining traditional securities with the future of digital assets in a regulated environment,” Esposito said. “I think this is what’s going to allow people to understand that this is the movement that’s happening. It is real. … We can open up capital to investors around the world through INX that typically wouldn’t have access to our types of vehicles as a public company in the United States, and that trades 24/7.”
DLMI aims to create a powerful parent umbrella company by ensuring its vertically integrated subsidiaries are potentially valuable targets for shareholders in sectors spanning music and other aspects of the entertainment industry, media, healthcare, real estate and a variety of other trades.
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
TinyGems is a specialized communications platform with a focus on innovative small-cap and mid-cap companies with bright futures and huge potential. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TinyGems is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, TinyGems brings its clients unparalleled recognition and brand awareness. TinyGems is where breaking news, insightful content and actionable information converge.
To receive SMS alerts from TinyGems, text “Gems” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.TinyGems.com
TinyGems is powered by IBN