DualMint
RWA · Tokenization Infrastructure · DUAL
Tokenization infrastructure for real-world assets.
Tokenization infrastructure for real-world assets.
Assets under management
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Research
Components, facts, FAQ, timeline, and tokenomics in one place
Main components (4)
Boring Index Vault
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.
Marketplace (explore.dualmint.com)
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.
Onchain Equipment Lessor Model
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 Revenue Verification
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.
Differentiator
Tokenization infrastructure for real-world assets.
Organizational structure
Units & roles
- Co-Founder & CEO
Bill Lee
Named as co-founder of DualMint in the September 2025 Chainlink Build announcement (also rendered 'Bill Lees' on the DualMint site).
- COO
Ed Steward
Listed as Chief Operating Officer on the DualMint website.
Similarity to traditional finance products
How DualMint maps onto established TradFi structures, and where it diverges.
| TradFi product | Similarity to DualMint | Key differences |
|---|---|---|
| Equipment leasing / equipment finance fund | 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.' | 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 | Offers investors exposure to cash flows from operating small businesses, similar to a private income or SME-credit fund. | 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. |