Key Takeaways
- • Alkemya Metacore has secured USD 50 million in pre-launch capital through tokenized equity (ALKN tokens) priced at USD 1.0 per token, arranged by Hanover Square Capital and listed on Bitfinex Securities.
- • The Luxembourg-based industrial metals platform holds approximately 7 million metres of 99.99% ultra-pure nickel wire (0.025 mm diameter) independently valued at USD 1.64 billion and held in institutional custody in Lugano, Switzerland.
- • Capital will finance commercialization of the ultra-pure nickel wire into engineered mesh products across seven high-growth sectors: EMI shielding, aerospace and defence, marine and desalination, power and industrials, semiconductors, green hydrogen, and rare/precious metals recovery.
- • The token offering, available exclusively to institutional and professional investors, closes on October 15, 2026, with Alkemya Metacore registered as a Digital Asset Issuer with El Salvador's CNAD (National Commission of Digital Assets).
- • This represents a significant precedent in tokenized commodity-backed securities, coupling physical industrial assets with blockchain-based equity instruments for institutional capital formation.
Summary
Alkemya Metacore, a Luxembourg-based investment and operating platform specializing in high-technology metals, has closed an initial USD 50 million capital raise through tokenized equity securities, establishing a novel funding mechanism for industrial commodity assets. The fundraising was executed via ALKN tokens priced at USD 1.0 per unit, arranged by Hanover Square Capital (UK) Ltd and listed on Bitfinex Securities, with the offering available exclusively to institutional and professional investors through October 15, 2026.
The core asset backing this tokenized offering is a portfolio of approximately 7 million metres of ultra-pure nickel wire (99.99% purity, 0.025 mm diameter) valued at approximately USD 1.64 billion by independent verification. The inventory is held in institutional custody facilities in Lugano, Switzerland, providing physical backing for the security tokens and mitigating counterparty risk for investors. Alkemya Metacore itself is registered as a Digital Asset Issuer with El Salvador's CNAD (National Commission of Digital Assets), establishing regulatory clarity for the token issuance structure.
The raised capital will be deployed as working capital to finance Alkemya's commercialization strategy, which aims to transform the ultra-pure nickel wire into specialized engineered mesh products tailored for seven distinct high-growth sectors: electromagnetic interference (EMI) shielding, aerospace and defence, marine and desalination infrastructure, power generation and industrial applications, semiconductor manufacturing, green hydrogen production, and rare/precious metals recovery. This sectoral diversification positions the company to capture demand across multiple industries transitioning toward electrification, advanced materials, and clean energy infrastructure.
This transaction represents a material development in the broader trend of tokenizing commodity-backed assets and industrial infrastructure for institutional capital formation. By structuring the offering as tokenized limited partnership interests rather than traditional equity or debt, Alkemya gains access to the institutional crypto-securities market while providing investors with direct exposure to a tangible, independently valued industrial asset. The involvement of established institutional custodians and regulated trading platforms (Bitfinex Securities) underscores the increasing maturity of the tokenized securities infrastructure for alternative asset classes.
The core asset backing this tokenized offering is a portfolio of approximately 7 million metres of ultra-pure nickel wire (99.99% purity, 0.025 mm diameter) valued at approximately USD 1.64 billion by independent verification. The inventory is held in institutional custody facilities in Lugano, Switzerland, providing physical backing for the security tokens and mitigating counterparty risk for investors. Alkemya Metacore itself is registered as a Digital Asset Issuer with El Salvador's CNAD (National Commission of Digital Assets), establishing regulatory clarity for the token issuance structure.
The raised capital will be deployed as working capital to finance Alkemya's commercialization strategy, which aims to transform the ultra-pure nickel wire into specialized engineered mesh products tailored for seven distinct high-growth sectors: electromagnetic interference (EMI) shielding, aerospace and defence, marine and desalination infrastructure, power generation and industrial applications, semiconductor manufacturing, green hydrogen production, and rare/precious metals recovery. This sectoral diversification positions the company to capture demand across multiple industries transitioning toward electrification, advanced materials, and clean energy infrastructure.
This transaction represents a material development in the broader trend of tokenizing commodity-backed assets and industrial infrastructure for institutional capital formation. By structuring the offering as tokenized limited partnership interests rather than traditional equity or debt, Alkemya gains access to the institutional crypto-securities market while providing investors with direct exposure to a tangible, independently valued industrial asset. The involvement of established institutional custodians and regulated trading platforms (Bitfinex Securities) underscores the increasing maturity of the tokenized securities infrastructure for alternative asset classes.
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