Bridgetower tokenizes $11B copper-gold mine on Avalanche, eyes $25B pipeline

Bridgetower turned an $11 billion copper-gold mining project into a security token on Avalanche's C-Chain, issuing AZX1 to give institutional investors exposure to one of the largest commodity-backed digital assets ever created.

The company tokenized the DOM X Arizona Copper-Gold Project on Avalanche, with Chainlink providing Proof of Reserve verification and daily net asset value data feeds, according to a statement. The AZX1 token contract lives at 0x3a72f3b5a6fa1cdf30f3820c58987c25bc947698 on Avalanche C-Chain, with on-chain data showing the distributed value currently sits in the hundreds of millions of dollars.

"Tokenizing a resource of this scale on-chain creates a new bridge between traditional commodity investing and digital capital markets," a Bridgetower representative said. The company has a $25 billion pipeline targeting cash-generating assets across natural resources, energy, and metals, positioning the Arizona project as the first in a broader tokenization strategy.

The real-world asset tokenization sector has been one of the fastest-growing segments in crypto, with BlackRock and Franklin Templeton launching their own tokenized products. Most institutional RWA activity has concentrated on treasuries and money market funds. Commodity-backed tokens at this scale represent a meaningfully different risk and return profile, though tokenized mining projects remain a relatively untested asset class. Bridgetower previously launched institutional staking reward products on Avalanche. The compliance framework built with Chainlink's tools addresses some verification concerns, but investors should watch how AZX1's distributed value tracks against its NAV data feeds over time to gauge market trust in the underlying infrastructure.

This article is for informational purposes only and does not constitute investment advice.