KLX is a security/equity token representing ownership claims in PT Kristalin Eka Lestari. The initial issuance is backed by 5% of PT KEL’s book value. Tokens are issued by KLX Digital FZ-LLC in Dubai under a regulatory-compliant framework.
2.2 Business Model: Token = Digital Stock
PT KEL: mining operations and profit generation.
SPV: holds shares/economic rights to distribute dividends.
KLX Digital FZ-LLC: issuer, ensuring compliance.
$KLX holders: investors receiving dividends and voting rights.
Dividend allocation approved via corporate governance & on-chain voting.
Funds converted to stablecoins (USDT/USDC) for settlement.
Smart contract distributes payouts to holders.
2.4 Why PT Kristalin Eka Lestari?
PT KEL was chosen for its legal permits, promising reserves, operational compliance, and transparency commitment. Details (permits, capacity, reserves) are in the appendices.
2.5 Dubai as Legal Base
Dubai offers a progressive regulatory framework (VARA/DIFC), global capital access, and international compliance (KYC/AML, security token law). Agreements ensure investor protection both on-chain and off-chain.
