Silver Scott Mines Explores Institutional-Grade Blockchain Assets for Treasury Reserves

Rhea-AI Summary

Silver Scott Mines (OTC PINK:SILS) has announced plans to explore an asset purchase program for its treasury reserves, focusing on Ondo Finance (ONDO) and Pax Gold (PAXG) tokens. The initiative aims to strengthen treasury reserves for application development and enhance shareholder value.

The company is evaluating the regulatory framework for acquiring these digital assets, with Ondo Finance selected for its leadership in RWA tokenization and compliance infrastructure. PAXG tokens, each representing one fine troy ounce of gold, align with Silver Scott's core business of tokenizing gold mining assets.

The treasury management strategy will maintain allocations below Investment Company Act of 1940 thresholds while enhancing the company's business model in volatile market conditions. Silver Scott specializes in private blockchain solutions for institutional-grade tokenization, enabling fractional ownership models through TrustNFT technology.

Positive

• Strategic expansion into institutional-grade blockchain assets for treasury reserves
• Alignment with core business through PAXG gold-backed tokens
• Regulatory-compliant approach to digital asset acquisition

Negative

• No immediate implementation timeline provided
• Asset purchase program still in exploratory phase
• Potential exposure to crypto market volatility

FRANKLIN, NEW JERSEY / ACCESS Newswire / March 13, 2025 / Silver Scott Mines, Inc. (OTC PINK:SILS), a company focused on the tokenization of real-world assets (RWA) for the blockchain, announces plans to explore an asset purchase program for its treasury reserves, targeting Ondo Finance (ONDO) and Pax Gold (PAXG) tokens.

The Company has initiated evaluation of the regulatory framework surrounding a strategic asset acquisition program focused on selected digital assets to strengthen treasury reserves for application development and enhance long-term shareholder value. Ondo Finance (ONDO) has established itself as a market leader in the RWA tokenization sector with its comprehensive compliance infrastructure and institutional-grade protocols for bringing traditional financial assets onto the blockchain ecosystem. Ondo's regulatory-first methodology aligns strategically with Silver Scott's commitment to compliant RWA tokenization practices.

The company is also evaluating Pax Gold (PAXG), a gold-backed token where each token represents one fine troy ounce of gold. This strategic move connects directly with Silver Scott's core business of tokenizing gold mining assets while providing stability during uncertain geopolitical times.

This strategic initiative represents Silver Scott's disciplined approach to treasury management with digital assets, maintaining allocations below thresholds stipulated in the Investment Company Act of 1940, while enhancing its business model in volatile market conditions. The Company maintains its commitment to creating shareholder value through innovative blockchain solutions backed by real-world assets. To learn more about our asset tokenization service visit https://silverscottdigital.com/tokenization/

About Silver Scott Mines, Inc

Silver Scott Mines, Inc. (OTC:SILS) is a forward-focused holding company accelerating blockchain integration across traditional asset classes. Specializing in private blockchain solutions for institutional-grade tokenization, the company enables fractional ownership models and cryptographic validation of assets through TrustNFT technology. The company acquisition pipeline will target blockchain-enhanced opportunities in healthcare, cleantech, and digital platforms. https://www.silverscottdigital.com LinkedIn: www.linkedin.com/company/silverscott-blockchain X: https://x.com/silverscottmine

Forward Looking Statements This press release includes forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. Words such as expects, believes, anticipates, intends, estimates, seeks and variations and similar words and expressions are intended to identify such forward-looking statements. Such forward-looking statements with respect to revenues, earnings, performance, strategies, prospects and other aspects of the businesses of Silver Scott Mines, are based on current expectations that are subject to risks and uncertainties. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements.

Contact Information:

Stuart Fine
CEO
stuartfine@silverscottmines.com
908-356-9852

SOURCE: Silver Scott Mines Inc

View the original press release on ACCESS Newswire

FAQ

What digital assets is Silver Scott Mines (SILS) planning to acquire for its treasury reserves?

SILS is exploring the acquisition of Ondo Finance (ONDO) and Pax Gold (PAXG) tokens for its treasury reserves.

How does the PAXG token acquisition align with SILS's business model?

PAXG tokens align with SILS's core business of tokenizing gold mining assets, as each token represents one fine troy ounce of gold.

What regulatory considerations is SILS following for its digital asset strategy?

SILS will maintain allocations below Investment Company Act of 1940 thresholds and follows Ondo's regulatory-first methodology for compliant RWA tokenization.

What technology does SILS use for asset tokenization?

SILS uses TrustNFT technology for institutional-grade tokenization, enabling fractional ownership models of real-world assets.