Skip to content
  • Home
  • World News
  • Business
  • Aviation
195 news

195News

All the news that's fit to print

  • Home
  • World News
  • Business
  • Aviation
  • Toggle search form
  • Martha’s Vineyard takes center stage in the U.S. political fight over immigration
    Martha’s Vineyard takes center stage in the U.S. political fight over immigration World News
  • War Day 286: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin
    War Day 286: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin World News
  • PPC Flexible Packaging Announces the Appointment of George Rose to the Position of Executive Vice President and General Manager, Healthcare and Specialty Packaging
    PPC Flexible Packaging Announces the Appointment of George Rose to the Position of Executive Vice President and General Manager, Healthcare and Specialty Packaging Business
  • New ALLATRA Documentary Presented at Scientific Forum
    New ALLATRA Documentary Presented at Scientific Forum World News
  • Appointment of Ambassador Cindy McCain as Executive Director of the World Food Program
    Appointment of Ambassador Cindy McCain as Executive Director of the World Food Program World News
  • Secretary Blinken’s Meeting with German Vice Chancellor Habeck
    Secretary Blinken’s Meeting with German Vice Chancellor Habeck World News
  • Tempe Union High School District Strengthens Procurement Process with OpenGov
    Tempe Union High School District Strengthens Procurement Process with OpenGov World News
  • St. Joseph by-the-Sea establishes a curriculum committee to replace the NYS Regents
    St. Joseph by-the-Sea establishes a curriculum committee to replace the NYS Regents World News
DAMREV Announces Landmark 0 Million Tokenization Deal with Namibian Copper Mine

DAMREV Announces Landmark $330 Million Tokenization Deal with Namibian Copper Mine

Posted on July 18, 2024 By NewsEditor

DAMREV secures $330M deal to tokenize Namibian copper mine, revolutionizing asset management and driving economic growth through innovative technology.

We are thrilled to begin this journey with our partners in Namibia. This project highlights Africa’s forward-thinking approach to asset management, setting new standards for growth and inclusion.”

— Duane Herholdt

CAPE TOWN, SOUTH AFRICA, July 17, 2024 /EINPresswire.com/ — DAMREV, Africa’s leading Real World Asset (RWA) Tokenization company, is proud to announce the signing of a monumental $330 million deal to tokenize a copper mine in Namibia. This groundbreaking project, set to be implemented over a 24-month period, marks a significant milestone in both the mining and blockchain industries.

The agreement, signed today, underscores DAMREV’s commitment to leveraging blockchain technology to revolutionize traditional industries. By tokenizing the copper mine, DAMREV will enable fractional ownership, increased liquidity, and enhanced transparency, setting a new standard for asset management and investment in the mining sector.

“We are thrilled to begin this transformative journey with our partners in Namibia,” said Duane Herholdt, CEO of DAMREV. “This project not only highlights the immense potential of tokenization in unlocking value from real-world assets but also reinforces DAMREV’s position as a pioneer in the African blockchain space.”

The tokenization process will involve converting the copper mine’s assets into digital tokens on a secure blockchain platform. These tokens will represent the mine’s value, allowing investors to buy, sell, and trade them seamlessly. This innovative approach is expected to attract a diverse range of investors, from institutional to retail, democratizing access to valuable resources.

The copper mine in Namibia, known for its rich deposits and strategic significance, will benefit from increased operational efficiency and funding opportunities through this partnership. The project’s implementation over the next two years will involve extensive collaboration with local stakeholders, ensuring that the benefits of tokenization extend to the surrounding community and economy.

“This initiative is poised to set a precedent for future tokenization projects across Africa,” added Herholdt. “We are dedicated to delivering value not only to our investors but also to the people of Namibia, fostering sustainable development and economic growth.”

Expansion & Innovation: DAMREV’s Growing Influence

DAMREV’s expansion of its blockchain-based asset tokenization services further demonstrates the company’s commitment to inclusivity and efficiency. With these advancements, DAMREV is positioning itself to become the largest digital asset marketplace in Africa.

The expansion includes an array of new assets now available for tokenization, such as gemstones, commodities, and real estate, leveraging the Stellar blockchain’s high-performance capabilities for enhanced service efficiency and interoperability. This development aligns with DAMREV’s adherence to the ISO 20022 standard, ensuring secure, transparent, and seamless transactions.

“At DAMREV, we are not just observing the future of asset management – we are actively shaping it,” said Herholdt. “Our expanded tokenization services, powered by Stellar’s blockchain, are set to redefine accessibility and efficiency in the global asset market. This is a leap towards democratizing investment opportunities, aligning with our vision of a more inclusive financial world.”

Recognition & Future Projects:

DAMREV stands out in the fintech arena, recently honored as the Best African Business Tokenization Company of 2023 and the recipient of the prestigious Innovation & Excellence Award 2024 for Real World Asset (RWA) Tokenization Company of the Year in South Africa. These accolades underscore DAMREV’s substantial contribution to Africa’s economic progress and its dedication to driving sustainable growth through cutting-edge financial technologies.

Currently, DAMREV is initiating ambitious projects in Africa, including the tokenization of diverse commodities and real estate. These ventures reflect DAMREV’s commitment to fortifying African economies. By creating a tokenized framework for these essential assets, DAMREV is poised to transform their market’s transparency and efficiency, thereby paving new paths for investment and regional economic stability.

Strategic Focus & Financial Inclusion:

DAMREV’s strategic emphasis on select sectors and asset classes showcases its commitment to pioneering in the digital asset management arena, coupled with a relentless pursuit of innovation through research and development (R&D). By aligning its expertise and technological capabilities with the unique demands of various industries, DAMREV not only fortifies its standing but also pushes the envelope of what’s possible in the realm of digital assets.

Financial inclusion is a cornerstone of DAMREV’s mission. By democratizing access to investment opportunities through tokenization, DAMREV empowers individuals and businesses across Africa and beyond. This approach fosters a more inclusive financial ecosystem, providing unprecedented access to valuable assets for a broader range of investors.

At DAMREV, collaboration with a network of trusted partners is integral to the company’s pursuit of excellence. These partnerships help provide secure, transparent, and efficient tokenization solutions to clients worldwide. Together, DAMREV and its partners are shaping the future of asset management.

About DAMREV:

DAMREV is a leading Real World Asset (RWA) Tokenization company, specializing in transforming traditional assets into digital tokens using the Stellar Blockchain. As a forefront FinTech service provider, DAMREV focuses on ISO 20022 Blockchain Tokenization and Smart Contract Development. The company excels in Security Token Offerings (STOs), bridging the gap between conventional industries and cutting-edge technology. DAMREV’s mission is to create more inclusive, efficient, and transparent investment opportunities.

Duane Herholdt
DAMREV
email us here

DAMREV Announces Landmark 0 Million Tokenization Deal with Namibian Copper Mine

You just read:

News Provided By

July 17, 2024, 14:42 GMT


EIN Presswire’s priority is source transparency. We do not allow opaque clients, and our editors try to be careful about weeding out false and misleading content.
As a user, if you see something we have missed, please do bring it to our attention. Your help is welcome. EIN Presswire, Everyone’s Internet News Presswire™,
tries to define some of the boundaries that are reasonable in today’s world. Please see our
Editorial Guidelines
for more information.

Article originally published on www.einpresswire.com as DAMREV Announces Landmark $330 Million Tokenization Deal with Namibian Copper Mine

Business

Post navigation

Previous Post: Tattoo Vanish Method Offers Natural Alternative to Laser Tattoo Removal with Fewer Treatments
Next Post: War in Ukraine, Analytics: 2nd Cold War. Arestovich, Romanenko.

Related Posts

  • Verts Neighborhood Dispensary Expands Brand to Missouri and Michigan
    Verts Neighborhood Dispensary Expands Brand to Missouri and Michigan Business
  • InvestChile: Foreign Investment Rises 12% in 2022 in Chile, Reaching US.1 Billion
    InvestChile: Foreign Investment Rises 12% in 2022 in Chile, Reaching US$17.1 Billion Business
  • Vector Advisory Launches Cost and Vendor Management Service Practice
    Vector Advisory Launches Cost and Vendor Management Service Practice Business
  • Axes Group Limited Redefines Medical Education in India with Cutting-Edge Simulation Technology
    Axes Group Limited Redefines Medical Education in India with Cutting-Edge Simulation Technology Business
  • United States to Participate in Third Indo-Pacific Economic Framework (IPEF) Negotiating Round in Singapore
    United States to Participate in Third Indo-Pacific Economic Framework (IPEF) Negotiating Round in Singapore Business
  • With a Two-Year Revenue Growth of 1,909%, HighLevel Ranks No. 13 on Inc. Magazine’s List of the Southwest Region’s Fastest-Growing Private Companies
    With a Two-Year Revenue Growth of 1,909%, HighLevel Ranks No. 13 on Inc. Magazine’s List of the Southwest Region’s Fastest-Growing Private Companies Business
August 2025
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
last celebrity gossip
Gossip Stone - celebrity life and gossip

Recent Posts

  • The National Space Society Mobilizes for the ‘Day of Action to Save NASA Science’August 3, 2025
  • Fremantle’s Original Productions to Give Away Bored Ape in Celebration of How The World Went Ape$h!t’s Stuff.io ReleaseAugust 3, 2025
  • Christmas Comes in July Thanks to First City Credit Union and KEVANI’s Generous Billboard Space DonationAugust 2, 2025
  • War in Ukraine, Analytics. Day 1243: Why American Aid Will Not Help. Arestovych, Shelest.August 2, 2025
  • Louisville PR firm adds Multi-Platform StorytellerAugust 2, 2025
Brand Values Content
VUGA Enterprises - media network PR & Marketing
  • War Day 572: War and Elections.. Are they compatible?
    War Day 572: War and Elections.. Are they compatible? World News
  • War Day 122: war diaries w/Advisor to Ukraine President, Intel Officer @Alexey Arestovych & #Feygin
    War Day 122: war diaries w/Advisor to Ukraine President, Intel Officer @Alexey Arestovych & #Feygin World News
  • Generic Central Nervous System Drugs Market Size, Share, Revenue, Trends And Drivers For 2023-2032
    Generic Central Nervous System Drugs Market Size, Share, Revenue, Trends And Drivers For 2023-2032 Business
  • Notice of Meeting and Meeting Agenda of Pace, the Suburban Bus Division of the RTA, Illinois Board of Directors – Open Session March 15, 2023 9:30 A.M.
    Notice of Meeting and Meeting Agenda of Pace, the Suburban Bus Division of the RTA, Illinois Board of Directors – Open Session March 15, 2023 9:30 A.M. Business
  • War Day 210: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin
    War Day 210: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin World News
  • War Day 316: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin
    War Day 316: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin World News
  • Experts at Gingerlilly Weigh In on Why Sustainable Fashion Matters
    Experts at Gingerlilly Weigh In on Why Sustainable Fashion Matters Business
  • Limelight Vision Introduces Zero-Code, Hailo-Empowered Limelight 4 Smart Camera and Robot Controller at CES 2025
    Limelight Vision Introduces Zero-Code, Hailo-Empowered Limelight 4 Smart Camera and Robot Controller at CES 2025 Aviation
aerospace company
stem cell clinic in kiev
medical spa in miami
Fashion TV free

Copyright © 2023 195 News. All Rights Reserved by Coolaser | Partner of VUGA Enterprises |  Advertising: Get Published

Powered by .