I-ON Digital Corp. announced that it has entered into a binding Purchase and Assumption Agreement to acquire rights to 20 Bureau of Land Management (BLM) gold mining claims located in the southwestern United States. The acquisition is designed to expand the company’s gold claims pipeline and support its strategy of building a digital asset infrastructure backed by ownership interests in gold-bearing mineral assets.
According to the company, the transaction is expected to increase its inventory of onboarding-eligible mineral assets and expand the pool of assets available for future digitization initiatives. I-ON said the acquisition aligns with its broader efforts to develop a real-world asset ecosystem that may eventually include mineral processing, recovery, storage, and vaulting capabilities.
The company stated that the acquisition will be financed through a combination of cash, seller financing, treasury-held IONau assets, and I-ON common stock. The initial funding tranche is being executed in collaboration with Real Asset Acquisition Corp.
I-ON noted that the seller has substantially completed the company’s onboarding, verification, and reserve qualification process before the opening of escrow. While geological reviews, reserve validation, claim rights verification, and other customary closing conditions remain outstanding, management believes the advanced diligence process reduces execution risk and supports a faster path to closing.
The agreement also includes a joint venture operating option covering additional mineral claims controlled by the seller, creating a framework for future reserve expansion without requiring separate negotiations for each claim.
The company expects to complete the acquisition and onboard eligible claims into its digital asset ecosystem during the third quarter of 2026.
KEY QUOTE:
“This transaction reflects the continued execution of our long-term strategy to build a scalable pipeline of institutional-quality mineral assets for digitization, deployment, and future financial innovation. By combining a scalable reserve acquisition strategy with a rigorous onboarding and verification framework, we believe I-ON is establishing a differentiated platform for real-world asset digitization. With financing secured and substantial onboarding milestones already achieved, this acquisition represents another step toward expanding our pipeline of digitization-eligible assets, securing individual and institutional relationships, and advancing our greater long-term growth strategy in general.”
Carlos Montoya, Chief Executive Officer, I-ON Digital Corp.
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