SALT LAKE CITY – DiamondLake Minerals, Inc. (OTC:DLMI) and FlyJetr have entered into a strategic partnership to launch the DLMI Private Aviation Division, revolutionizing how private jets are acquired, financed, managed, and booked through blockchain tokenization, according to a recent GlobeNewswire announcement. The companies will mint a hybrid token combining utility and security features, making the elite private aviation industry more accessible to a broader range of investors.
"It is with great excitement and enthusiasm to partner with FlyJetr and their exceptional brand, leadership, and credibility in the private aviation and jet chartering industry. We know together we will bring something entirely new to this fascinating industry, and revolutionize how private jets are acquired, financed, managed, and booked," said Brian J. Esposito, CEO of DiamondLake. "When I set out on this vision at DiamondLake back in 2023, it was to legally, ethically, and properly, through tokenization, bring incredible businesses and real-world assets (RWAs) to the 99%-ers who were never invited into, nor had access to be part of."
The Private Aviation Division plans to purchase up to ten Gulfstream 450 aircraft with transatlantic capabilities. By eliminating middlemen and their excessive fees, the new financial ownership structure maximizes efficiencies and creates real-time value for token holders. FlyJetr Chairman Evan Kaye emphasized that this partnership opens private aviation "to an entirely new generation of wealth" while becoming "the first to properly offer tokenization to an industry in a way that has never been seen before utilizing unrealized value."
Brian J. Esposito has been an active nominee on CEO Rankings for five consecutive seasons, consistently achieving strong results each year. His best performance came in the 2024 season, when he finished as the fourth-ranked CEO globally in the race for CEO of the Year—cementing his reputation as one of the leading innovators in digital assets and tokenization.
