Coinbase’s Base Network Powers Apex Group’s Institutional Bitcoin Mining Product Launch

In a significant development for institutional cryptocurrency adoption, Apex Group—a global financial services giant overseeing more than $3.5 trillion in assets—has launched a tokenized Bitcoin mining structured product on Coinbase's Ethereum Layer 2 blockchain, Base. This move marks a major convergence of traditional finance infrastructure with blockchain technology, specifically leveraging Coinbase's ecosystem to bring regulated, yield-generating crypto products to professional investors. The product, named the Omnes Mining Note (OMN), enables institutional clients to gain exposure to returns from Bitcoin mining without directly handling mining hardware or operational complexities. This initiative builds upon Apex Group's strategic acquisition of Tokeny in 2023, a platform specializing in the tokenization of real-world assets (RWA), indicating a clear trajectory toward digitizing traditional financial instruments on blockchain networks. By choosing Base—Coinbase's secure, scalable, and developer-friendly Ethereum layer—Apex Group underscores the growing trust in and utility of Coinbase's infrastructure for institutional-grade financial products. The launch signals accelerating institutional interest in Bitcoin as a yield-bearing asset, facilitated by trusted entities like Apex and technology partners like Coinbase. It also highlights Base's emerging role as a preferred network for compliant, large-scale asset tokenization, potentially paving the way for more traditional finance players to enter the digital asset space through similar structured offerings. As of March 2026, this development represents a maturation in crypto financial products, blending mining economics with the efficiency and transparency of blockchain-based issuance and administration.

Apex Group Launches Tokenized Bitcoin Mining Product on Base Network

Apex Group, a global leader in fund services managing over $3.5 trillion in assets, has unveiled a structured financial product enabling institutional clients to earn returns through Bitcoin mining. The product—Omnes Mining Note (OMN)—will be issued and administered in collaboration with Base, Coinbase's Ethereum-powered blockchain network.

Building on its 2023 acquisition of Tokeny, a specialist in real-world asset (RWA) tokenization, Apex Group now pioneers mining yield access through ERC-3643 protocol tokens. Each OMN represents 1 PH/s of mining capacity with 36-month maturity, combining traditional accounting with blockchain-based ownership tracking.

This move signals accelerating institutional adoption of tokenization infrastructure, particularly for Bitcoin-related yield strategies. The product targets qualified non-US investors seeking exposure to mining rewards without direct operational complexity.

Eighteen Wallets Accumulate $79.7M in LayerZero's ZRO Ahead of Token Unlock

Eighteen large wallets have quietly amassed $79.7 million worth of LayerZero's ZRO token, accounting for a notable portion of its circulating supply. Blockchain data from Nansen reveals the purchases occurred in two distinct waves, exclusively financed through institutional avenues such as Coinbase Prime. Notably, none of the acquired tokens have been sold, underscoring a strong holding conviction.

The accumulation began shortly after LayerZero unveiled its Zero Layer-1 network and precedes a scheduled token unlock event. This strategic timing suggests institutional confidence in ZRO's long-term value proposition, potentially signaling bullish sentiment for the protocol's future.

Institutions Shift to Yield Strategies and Tokenization in Crypto Markets

Institutional investors are pivoting from passive crypto holdings to active yield-generation strategies, marking a maturation of digital asset markets. Coinbase's institutional division reports surging demand for structured products that deliver regular income streams, with Bitcoin and Ethereum at the forefront of this transformation.

The launch of Coinbase's tokenized Bitcoin Yield Fund on Base blockchain—offering single-digit yields through options selling and lending strategies—demonstrates how traditional finance techniques are being adapted for crypto. BlackRock's staked Ethereum ETF further validates this trend, creating institutional-grade pathways to earn network rewards.