
RWA · Tokenization Infrastructure · DUAL
Tokenization infrastructure for real-world assets.
Tokenization infrastructure for real-world assets.
Tokenization infrastructure for real-world assets.
A diversified, tokenized yield vault (ERC-4626 / ERC-7540 async standard) that pools operating cash flow across multiple everyday-asset categories into a single position and streams returns to depositors in USDC. Minimum investment referenced at $500.
A live marketplace where investors can view and back individual tokenized single-asset offerings (e.g. arcade claw machines, HVAC units, vending machines) rather than the pooled index, each with a target yield and an internal asset-quality score.
DualMint acquires physical revenue-generating machines and distributes their operating cash flow to depositors as monthly stablecoin yield, positioning itself as an onchain equipment lessor rather than a token-emissions yield source.
IoT sensors capture each operating cycle of the machines, and telemetry is cross-referenced against operator bank deposits (reconciled monthly, reviewed quarterly) to verify that reported revenue matches real-world cash flow.
Over $50 million across 15 countries (as stated in the September 2025 Chainlink Build announcement)
Chainlink Today - DualMint joins Chainlink Build1,250+ tokenized machines sold onchain; $50M operator pipeline ready for vault deployment
DualMint official websiteUSDC across Arbitrum, Avalanche, Base, Ethereum and Polygon PoS
Circle Alliance Directory - DualMintHow DualMint maps onto established TradFi structures, and where it diverges.
Equipment leasing / equipment finance fund
DualMint
Like a traditional equipment-leasing company, DualMint acquires physical income-producing machines and distributes the operating cash flow to capital providers; it explicitly describes itself as an 'onchain equipment lessor.'
TradFi analogue
Ownership is fractionalized and tokenized onchain (low entry points, e.g. $1 for single assets or $500 for the vault), yield is paid in USDC stablecoin, and revenue is verified via IoT telemetry rather than periodic lessee reporting.
Small-business / private-credit income fund
DualMint
Offers investors exposure to cash flows from operating small businesses, similar to a private income or SME-credit fund.
TradFi analogue
Positions are transferable ERC-4626/7540 vault tokens on public blockchains, accessible globally at retail ticket sizes without a fund administrator or minimum accreditation described on-site.
Bill Lee
Co-Founder & CEO Named as co-founder of DualMint in the September 2025 Chainlink Build announcement (also rendered 'Bill Lees' on the DualMint site).
Ed Steward
COO Listed as Chief Operating Officer on the DualMint website.
Key milestones: launches, upgrades, exploits and governance events.
First yield distributions begin
ExecutedDualMint reports beginning monthly USDC yield distributions to depositors, with zero interruptions and zero operator defaults reported since.
SourceChainlink Build integration
ExecutedJoined Chainlink Build to integrate Data Feeds and Proof of Reserve.
SourceBoring Index Vault launch via CoinList Passage
ExecutedDualMint set to be the first platform on CoinList's Passage infrastructure, distributing tokenized machine yield with peaq; the diversified Boring Index Vault was still pre-launch at the time of DualMint's site content.
SourceDualMint is an onchain yield platform / equipment lessor that tokenizes revenue-generating small and medium enterprise (SME) assets such as laundromats, vending machines, HVAC units, arcade machines and vertical farms, and distributes their operating cash flow to depositors as monthly USDC yield.
Yield comes from the operating revenue of physical machines (real cash flow from customer transactions) rather than token emissions. IoT sensors track each operating cycle and revenue is reconciled against operator bank deposits, with net proceeds distributed in USDC after fees and liquidity buffers.
It is DualMint's flagship diversified yield vault built on the ERC-4626 tokenized-vault standard (with async ERC-7540 mechanics referenced), which pools cash flow across asset categories into one position and streams returns in USDC.
Per its Circle Alliance profile, DualMint uses USDC as its primary stablecoin and supports Arbitrum, Avalanche, Base, Ethereum and Polygon PoS. It has also referenced M0 stablecoin infrastructure and PayPal PYUSD.
No native protocol token is disclosed on its site; yields are paid to depositors in USDC stablecoin.