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I-ON Digital Corp.

CIK: 15804902 Annual ReportsLatest: 2025-04-11

10-K / April 11, 2025

Revenue:$32,625
Income:-$1,910,013

10-K / June 6, 2024

Revenue:$97,875
Income:-$805,138

10-K / April 11, 2025

Company Overview: I-ON Digital Corp.

Business Focus

  • Industry: Digital Asset Technology & Blockchain Solutions
  • Core Business: Development and provider of asset-digitization and securitization solutions aimed at creating a secure, fast, transparent, and institutional-grade digital asset ecosystem.
  • Specialization:
    • Digitizing documentary evidence of ownership into secure, asset-backed digital certificates.
    • Bringing liquidity and recognized value across diverse asset classes.
    • Utilizing hybrid blockchain architecture with smart contracts, workflow management, and AI technologies.
    • Digitizing ownership records for recoverable gold, precious metals, and mineral reserves into digital certificates, supporting value transfer and new asset-backed financial instruments.

Technology & Products

  • Hybrid Blockchain Platform: Proprietary blockchain infrastructure with smart contracts and a focus on security and efficiency.
  • Asset Digitization & Securitization:
    • Digital certificates backed by physical assets like gold, metals, and mineral reserves.
    • Streaming and management of digital assets via SaaS platform designed for banks, broker-dealers, and financial intermediaries.
  • Key Asset Classes:
    • Proven gold reserves and other precious metals.
    • Mineral reserves and other real-world assets.
  • Innovations & Patents:
    • Acquired patents and intellectual property in gold digitization.
    • Developed technology for secure, compliant digital ownership, proof of reserves, transfer, and settlement.
  • Additional Technologies:
    • AI-enabled workflow management.
    • Interoperability with digital banking, DeFi platforms, and other financial infrastructure.
  • Strategic Partnerships:
    • Collaborations with industry leaders like Instruxi Limited, Chinlink, Space and Time, Storj.io, enhancing scalability and compliance.

Market & Sector Engagement

  • Focuses on institutional clients such as banks, broker-dealers, high-net-worth investors, and claim holders of verified gold reserves.
  • Aims to facilitate trading, collateralization, and value transfer of digitized assets.
  • Operating in a rapidly emerging market for Real World Asset (RWA) tokenization, especially gold-backed digital securities.
  • Positions itself as a leading innovator in digitizing physical assets into digital tokens with full transparency, custody, and auditability.

Revenue Streams

  • Licensing and usage fees from digital asset management.
  • Escrow and custodial services.
  • Patent licensing.
  • Transaction fees from digitization and transfer activities.
  • Strategic partnerships and platform services for financial institutions.

Financial & Operational Details

  • Employees: 4 total (3 full-time, 1 part-time) as of December 31, 2024.
  • Total Shares Outstanding: 31,106,234 as of April 9, 2025.
  • Market Presence:
    • Listed OTC Markets LLC under the ticker IONI.
    • Last reported market value (June 30, 2024): approximately $27,410,234 (based on $0.535/share price for non-affiliates).
  • Revenue & Income:
    • 2024 Revenue: Approximately $32,625 from related-party sales.
    • 2024 Net Loss: Approximately $1.91 million.
    • 2023 Revenue: Approximately $97,875.
    • 2023 Net Loss: Approximately $805,138.
  • Assets:
    • Significant intangible assets, including patents, trademarks, and digital asset platform technology valued at over $18.1 million as of December 31, 2024.
    • Cash and cash equivalents of $270,095 as of December 31, 2024.

Strategic & Growth Initiatives

  • Acquisition of patents and core intellectual property related to gold digitization.
  • Expansion into new geographic markets and sectors in 2024.
  • Development of SaaS platform for institutional clients.
  • Emphasis on regulatory compliance and secure digital identity management.
  • Ongoing development of next-generation blockchain infrastructure with AI and web3 technologies.

Summary

I-ON Digital Corp. is a technology company focused on digitizing physical assets, especially gold reserves, into secure digital certificates using proprietary hybrid blockchain technology. It targets institutional clients to facilitate liquidity, transfer, and collateralization of these assets via advanced digital platforms, aiming to lead the emerging market of real-world asset tokenization. The company has minimal employees, operates on a limited revenue basis, and has incurred significant net losses with assets primarily composed of intangible technology and patents.