Highlights
ProspEx opens Digital Syndicated Royalty pilot with boutique firm
Project Acacia selection aligns company with national digital money roadmap
New platform targets non-dilutive capital for Australian mining developers
Australia’s mining and financial technology sectors intersect as Perth-based fintech ProspEx begins its pilot Digital Syndicated Royalty (DSR) capital raise. The launch supports an unnamed mining developer and is being conducted in partnership with boutique advisory firm RiseQ. The initiative positions ProspEx as a digital-first platform aiming to modernise pre-revenue fundraising in the resource sector — an area represented on indices such as the All Ordinaries.
This pilot transaction marks the initial deployment of ProspEx's DSR model and opens the path for future syndications to be facilitated through traditional brokerage houses working with their resource sector clients.
Notable Support from WA Industry Figures and Mining Executives
ProspEx has attracted the interest of notable industry participants, with backing from figures including mining law specialist Michael Hunt, Bellevue Gold (ASX:BGL) CEO Darren Stralow, Capricorn Metals (ASX:CMM) non-executive director Myles Ertzen, and energy executive Jon Stewart.
Boutique advisory firm RiseQ has been involved since the company’s inception, and its partner Ben Berthon-Jones is set to join the ProspEx Group board. The firm is leveraging its advisory experience to support broader adoption of tokenised royalty financing in the mining capital space.
Digital Platform to Enable Fractionalised Royalty Trading
The core of ProspEx’s model is its flagship product — the Digital Syndicated Royalty — which tokenises real-world royalty rights into digital securities. These are built on Ethereum blockchain infrastructure and underpinned by legally enforceable royalty agreements. The royalties are tied directly to revenue from individual mining projects and are tradable through the platform’s purpose-built registry and secondary market.
ProspEx’s system supports purchase using digital currency pegged to the Australian dollar, with fiat conversion made possible through embedded third-party integrations. This functionality is designed to bring improved transparency and liquidity to a fundraising mechanism historically dominated by large institutions.
Platform Gains RBA Backing Through Project Acacia
In addition to its pilot raise, ProspEx has been conditionally selected as a participant in Project Acacia — a national initiative spearheaded by the Reserve Bank of Australia and Digital Finance CRC. The project explores how digital money and supporting infrastructure can enable tokenised asset markets, including new avenues for capital formation in sectors like mining.
ProspEx is the only participant from Western Australia named in the initiative, reflecting its early leadership in the intersection of fintech and mineral project finance.
Alternative Financing Model Targets Sector Inefficiencies
The ProspEx platform offers mining developers an alternative to equity dilution or traditional debt instruments, particularly during early-stage development. According to the company’s CEO, the goal is to allow capital access without undermining existing shareholder value, while also creating new investment products linked directly to mine revenue.
Royalties issued through ProspEx provide exposure to production-linked returns, previously reserved for institutional or private capital. The model is designed to offer a streamlined, technology-driven entry point into royalty finance, enabling multiple investors to engage in what has traditionally been a closed system.