I-ON Digital Corp. Discusses Innovative Precious Metals Digitalization Ecosystem with The Stock Day Podcast
Phoenix, Arizona–(Newsfile Corp. – February 15, 2023) – The Stock Day Podcast welcomed I-ON Digital Corp. (OTCQB: IONI) (the “Company”) a company positioned to be a leader in the design, development, and deployment of fully-compliant, institutional-level digital asset ecosystems. CEO of the Company, Carlos Montoya, joined Stock Day host Everett Jolly.
“What benefits does your precious metals digitalization ecosystem provide to address the growing market awareness surrounding coins, stable coins, and cryptocurrency?” asked Jolly. “The whole idea here is to create a fluid, value placeholder for precious metal assets focused in gold,” said Montoya, adding that the ecosystem could also work with rare earth metals. “In this case, we structured it as a compliant security,” he explained. “The ecosystem allows you to capture an independent custody for buy, sell, trade, transfer, pledge, or hypothecation.”
“Ultimately, we have a five to one coverage,” continued Montoya. “We discount it down for those who are concerned that they do not have a physical coin or physical ounce of gold,” he said. “This is an institutional asset that has fluidity and can move,” said Montoya, before elaborating on the Company’s innovative successes, including being the first company to establish a digital asset as a security. “With IONI, we are going to add a publicly traded element to continue to add liquidity to the underlying assets of the company.”
The conversation then turned to the challenges traditional mining companies face within the industry, including the more time consuming tasks like permitting and mobilization. “We are looking to create liquidity without having to go through the entire mining process and without having to raise funds for mining equipment,” said Montoya. “It is a real challenge for junior mining companies.”
“How has this business model advanced and why does it fulfill an important role in today’s financial services landscape?” asked Jolly. “We are going to be adding additional wholesale banking components, including introducing some bonds to the marketplace which would be backed by the assets, so that we can continue to layer into the US and global financial systems,” said Montoya. “Having the publicly traded unit allows us to secure the type of funding it requires to do a truly credible US and global roll out.”
“Why is your business model so important moving forward for the mining industry?” asked Jolly. “This creates a value placeholder now, something you can put on your balance sheet,” explained Montoya. “Once you create and we validate and establish the digital assets, could be gold, copper, or rhodium, you have something that trades or sells,” he said. “Our goal is to go from 500,000 digital gold certificates in circulation to upwards of 15,000,000 to 20,000,000 certificates, then you would really have a highly fluid and highly accepted asset that is so differentiated from all of the other crypto assets out there.”
To close the interview, Montoya elaborated on the potential of the Company’s innovative precious metals digitalization platform and encouraged listeners and shareholders to keep up-to-date on their updates and current projects as they continue to position themselves as a leader in this emerging space.
To hear Carlos Montoya’s entire interview, follow the link to the podcast here: https://audioboom.com/posts/8247758-i-on-digital-corp-discusses-innovative-precious-metals-digitalization-ecosystem-with-the-stock-d.
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About I-ON Digital Corp.
I-ON Digital Corp (the “Company”) will be a leader in the design, development, and deployment of fully-compliant, institutional-level ecosystems that are poised to fuel the next generation of banking, data management, asset deployment, and precious metals digitization, further supported by enhanced digital payment and reporting services worldwide. The Company’s channels for value creation include, but are not limited to, service fees associated with asset digitization, secure transactional revenues, and the licensing of the Company’s growing intellectual property portfolio for offerings to prominent institutional organizations within the financial and information technology services marketplace.
Additional information is available at https://iondigitalcorp.com/.
This news release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect”, “seek”, “potential,” “outlook” and similar expressions are intended to identify forward-looking statements. Such statements, including, but not limited to, I-ON’s current views with respect to future events and its financial forecasts, are subject to such risks and uncertainties. Many factors could cause actual results to differ materially from the statements made, including those risks described from time to time in filings made by I-ON with the Securities and Exchange Commission. In addition, there is uncertainty about the further spread of the COVID-19 virus or new variants thereof, or the occurrence of another wave of cases and the impact it may have on the company’s operations, the demand for the company’s products, global supply chains and economic activity in general. These and other risks and uncertainties are detailed in the company’s filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated or expected. Statements in this news release regarding past trends or activities should not be taken as a representation that such trends or activities will continue. I-ON does not intend and does not assume any obligation to update these forward-looking statements, other than as required by law.
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