Diamond Lake Minerals Inc (OTC:DLMI) announced that it is making a strategic investment in Avrio Worldwide to deploy its digital financial market infrastructure (dFMI) for the tokenization of digital assets across its network of companies.
Diamond Lake Minerals will acquire a 24% stake in Avrio, the parent of several businesses which deliver licensed digital financial market infrastructure and services across public, private, and digital markets.
“With a state-of-the-art dFMI stack, Avrio is the financial services technology engine to enable the Diamond Lake Minerals network of companies and projects, across many industries, including financial services; real estate; media, entertainment, gaming, and sports; hospitality; consumer products; technology and aerospace, and education and healthcare, while unlocking access to liquidity and value for investors through a registered platform,” Diamond Lake Minerals CEO Brian J. Esposito said in a statement.
“The technology platform combined with the strong alignment that both Avrio and Diamond Lake Minerals have as it relates to ethics, laws, rules and regulation, and the exceptional experience in the future of securities is what makes this relationship extremely special.”
Avrio CEO Lawrence Wintermeyer, meanwhile, added: “Diamond Lake Minerals’ strategic investment in Avrio offers outstanding opportunities and synergies across the DLMI network of companies for the tokenization of real-world-assets (RWA) on Avrio’s registered dFMI as well as opportunities to invest in Avrio’s companies and commercial partners that are growing the $16 trillion RWA-tokenization market opportunity.”
Diamond Lake Minerals is a multi-strategy operating company that specializes in the development and support of digital assets and SEC-registered security tokens.