{
  "@context": "https://schema.org",
  "@type": "FinancialProduct",
  "registryType": "xrpl-rwa-asset",
  "symbol": "CHOLA",
  "name": "Chola Mining",
  "network": "XRP Ledger",
  "currencyCode": "CHOLA",
  "issuerAccount": "rLQNxUZT1PraKVzpvBMXUTLk8PiQS18qqy",
  "ammAccount": "rQDKjLbUc14SdhSTQW5TFKLEF7viVADpAD",
  "quoteAsset": "USD",
  "category": "Tokenized Private Equity",
  "subClass": "Tokenized SPV Participation Units",
  "issuer": {
    "slug": "zao-yu-ren",
    "name": "Zao Yu Ren",
    "type": "Private market SPV operator",
    "website": "https://zaoyuren.com/",
    "html": "https://dexlocate.com/issuer/zao-yu-ren"
  },
  "description": "Chola Mining is a Zimbabwe-based platinum group metals producer focused on platinum, palladium, rhodium, nickel, copper, and associated strategic minerals.",
  "assetThesis": "Chola Mining is built around long-life Southern African PGM resources, integrated mining and processing, and exposure to metals used across automotive catalysts, hydrogen technology, electronics, industrial applications, and precious metals markets.",
  "whatItDoes": "Chola Mining develops and operates underground mining and mineral processing assets in Zimbabwe's Midlands Province. The flagship Chola Platinum Mine has a large estimated mineral resource base, long planned mine life, and processing infrastructure supporting multi-million-tonne annual ore throughput.",
  "businessModel": "Chola Mining produces mining and metals revenue through extraction, concentration, processing, and sale of platinum group metals and associated base metals into global industrial, automotive, hydrogen, electronics, and precious metals supply chains.",
  "structure": "Zao Yu Ren Holdings Limited owns its stake in Chola Mining Limited through ZYR Chola Mines SPV Ltd. The SPV exclusively holds Chola Mining equity, and CHOLA tokenizes participation in that SPV. The tokenization was completed with explicit knowledge of Chola Mining Limited. The structure uses a $360,000,000 company valuation, 12% represented exposure, and a $30,000,000 tokenized allocation represented by 3,000,000 CHOLA at a $10.00 launch price.",
  "whySpecial": "Chola is tied to platinum group metals, a strategic mineral category with demand drivers across emissions control, hydrogen technology, industrial processes, electronics, and precious metals markets. Long-life resources, integrated processing, and a Zimbabwe PGM footprint make the asset different from software-style private equity exposures already listed in the explorer.",
  "sectors": [
    "Platinum group metals",
    "Mining and metals",
    "Hydrogen supply chain",
    "Automotive catalysts",
    "Industrial materials"
  ],
  "highlights": [
    "Zimbabwe-based platinum group metals producer",
    "Exposure to platinum, palladium, rhodium, nickel, and copper",
    "SPV structure linked to a 12% equity interest in Chola Mining Limited"
  ],
  "tokenomics": {
    "valuation": 360000000,
    "tokenizedPercent": 12,
    "tokenizedValue": 30000000,
    "launchPrice": 10,
    "launchSize": 3000000
  },
  "links": {
    "html": "https://dexlocate.com/token/CHOLA",
    "json": "https://dexlocate.com/registry/assets/CHOLA.json",
    "website": "https://cholamining.com/",
    "issuerPage": "https://chola.zaoyuren.com/",
    "disclosure": "https://cholamining.com/chola-zyr-spv.html",
    "xrpl": "https://livenet.xrpl.org/token/CHOLA.rLQNxUZT1PraKVzpvBMXUTLk8PiQS18qqy",
    "trade": "https://trensik.com/trade/xrpl:issued:CHOLA:rLQNxUZT1PraKVzpvBMXUTLk8PiQS18qqy",
    "logo": "https://zaoyuren.com/assets/chola-token.png"
  },
  "lastRegistryUpdate": "2026-06-27"
}