Power Metal Resources plc has agreed to invest up to £3 million for up to 49% of the “first”, “institutional-grade, blockchain-enabled decentralised finance (DeFi) tokenisation platform” to fund early-stage mining projects.
COMPLIANCE
Kingia FZCO, based in a Dubai Freezone, will be renamed Minestarters and target institutional and retail investors.
Freezones are economic zones which offer tax concessions and customs duty benefits to expatriate investors.
Minestarters was founded and is led by geologist Marcel Nally, who co-founded Zambia copper miner Moxico Resources plc.
Minestarters will be built for “rapid expansion” and have “dozens of projects each year across multiple jurisdictions”.
“Smart-contract automation, ESG [environment, social, governance]-tracking modules and multilingual investor dashboards will keep operations efficient and in full compliance as the platform moves into global jurisdictions,” said Power Metal.
“Minestarters plans to be the first DeFi platform to offer investors regulated, compliant and transparent access to mineral exploration and development through the US$25 billion – and growing – RWA [real world asset] tokenisation market.
“As well as the ability to invest in the portfolio, the platform will offer automated benefit sharing, 24/7 liquidity and project transparency.
“Minestarters tokens will give investors access to a curated portfolio of global exploration and development projects.”
Minestarters also aims to evolve to cover exploration, development, production and exit from projects.
Under the binding agreement, Power Metal has already purchased 35% in Minestarters for a £1 million share subscription in cash.
Power Metal also has an option to increase its holding to up to 49% for an additional £2m share subscription in cash.
PROJECTS
Power Metal noted that early-stage exploration receives less than two percent of the more than US$200 billion annually invested in the mining sector.
Chief executive officer Sean Wade added that such projects continued to struggle to raise risk capital.
“A strong pipeline of projects is already under review for onboarding to Minestarters, ensuring early momentum post-launch.
“This isn’t just about early-stage funding.
“Minestarters opens the door to a range of tokenised mining exposures, from royalties and streaming agreements to equity-backed tokens and milestone-triggered rewards — something the industry has never had before.”
The company noted that the real-world-asset tokenisation market had grown in the first six months of 2025 from US$8.6bn to more than US$25bn.