LAXMINT Empowers Artisanal Gold Mining via Digital Real World Assets

LAXMINT, a company specializing in hybrid technology and investments, has been officially launched in Castries, St. Lucia. The company’s goal is to revolutionize the Artisanal and Small-scale Gold Mining (ASGM) sector by providing transparent, ethical, and scalable working capital solutions. By combining cutting-edge technologies such as Artificial Intelligence, Machine Learning, Digital Assets, Real World Assets (RWA), and ESG tracking, LAXMINT aims to connect real gold mining production with digital assets capital markets, introducing a new category of investable assets and enhancing liquidity.

Despite contributing over 20% of the world’s gold production, the ASGM sector has been largely overlooked, facing challenges like limited access to working capital, financial resources, machinery, technology, and environmental responsibility. LAXMINT seeks to address these issues by offering solutions such as access to working capital, modern finance, eco-friendly equipment, machinery, and smart technologies for Artisanal Small-Scale Gold Miners.

Christopher Greenwood, Chief Strategy Officer at LAXMINT, emphasized the company’s commitment to transforming Real World Assets (RWAs) to unlock capital and provide fair financial resources to mining communities globally. The company plans to start mining operations in Africa within six months, implementing technology infrastructure on the ground to ensure production traceability, environmental and social responsibility metrics, and ethical operations.

LAXMINT’s CEO, Thanveer Ummer, highlighted the company’s vision to empower artisanal gold mining communities, improve their production capabilities, living standards, and societal standing, ultimately shaping the future gold standards globally. The company’s strategic roadmap includes token issuance, RWA gold-pegged instruments, ESG data integration, and listing plans by Q1 2026, aligning with the growing demand for Real World Assets and sustainable investments.

Based in St. Lucia, LAXMINT is led by Prosperium Ltd. and aims to transform the ASGM sector by leveraging Real World Asset (RWA) infrastructure to promote ethical mining practices, transparent gold production, and asset tracking. Through partnerships, ESG monitoring, and community empowerment, LAXMINT seeks to unlock sustainable value from underground resources for the global market.