Moga and SimplyTokenized Make Progress on Mining Finance Initiative Under New Platform, Mineral Mogul
London, UK – 12th September, 2024
Moga and SimplyTokenized are pleased to announce significant progress in their collaborative efforts to develop an innovative alternative financing structure for mining projects. This initiative will be spearheaded under a newly launched platform, Mineral Mogul, which will focus on innovative finance in mining and bringing tailored technological solutions to market.
Mineral Mogul aims to revolutionize how mining projects are financed by leveraging blockchain technology and tokenization, making it easier for investors to participate in traditionally capital-intensive mining ventures. The new platform will act as a bridge, connecting forward-thinking mining companies with innovative funding models and technologies that enhance sustainability and efficiency in the sector.
Yousef Gorji, CEO of Moga, expressed optimism about the progress: “We’re excited to launch Mineral Mogul, a dedicated vehicle that will drive new financing models and technologies in mining. Together with SimplyTokenized, we are already in discussions with industry players and potential clients who have shown strong interest in this unique approach.”
SimplyTokenized, known for its expertise in tokenizing real-world assets, will play a crucial role in the development and implementation of blockchain-based solutions that bring transparency, accessibility, and new funding avenues to the mining sector.
Paul Pöltner, CEO of SimplyTokenized, added: “Mineral Mogul represents a bold step forward in mining finance. We’re thrilled to see strong interest from the industry and are eager to bring innovative blockchain solutions to help reshape how mining projects are funded and developed.”
The ongoing talks with industry leaders and potential clients reflect the growing demand for alternative financing structures that not only meet capital needs but also support the adoption of new mining technologies. Mineral Mogul will continue to engage with stakeholders as it develops this platform.
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About Mineral Mogul
Mineral Mogul is a new platform launched by Moga and SimplyTokenized, dedicated to innovating finance in the mining industry. Focused on leveraging blockchain technology and tokenization, Mineral Mogul aims to connect mining companies with new funding models and tailored technological solutions to drive sustainable growth.
About Moga
Moga is an industry niche-focused critical mineral company looking to pioneer innovative solutions in the mining sector and build resilient supply chains for those minerals that are underserved. With a focus on integrating cutting-edge technology and sustainable practices, Moga aims to support the transformation in the mining industry and contribute to global economic development.
About SimplyTokenized
SimplyTokenized is an Austrian-based company specializing in tokenizing real-world assets. By providing innovative blockchain solutions, SimplyTokenized creates transparent, secure, and efficient financial structures that democratize access to investment opportunities and drive industry transformation.