Fayafi Investment Holding Announces New Auditor for Isotope Copper Assets in Strategic Move for Transparency

Fayafi Investment Holding's Strategic Move

Fayafi Investment Holding Limited has made a significant stride by appointing the Institute for Rare Earth Elements and Strategic Metals (ISE) as its official auditor for its copper isotope assets. This decision reinforces the company's commitment to transparency and governance standards comparable with the Swiss exchange system. Established as the first UAE-based firm qualified under the SIX Swiss Exchange framework, Fayafi is also recognized on the Vienna Stock Exchange and noted on Bloomberg.

The appointment of ISE comes on the heels of the company’s earlier announcement regarding Ferrari Logistics DMCC, which was designated as the official custodian for its metal reserves, valued at an impressive opening amount of approximately USD 3.6 billion. This strategic move not only elevates Fayafi’s operational transparency but also aims to build and enhance investor confidence.

In its ongoing mission to innovate in the market, Fayafi has developed a unique securitization model for isotope copper, an extraordinary metal with critical applications in medicine, science, and quantum computing. The Special Purpose Vehicle (SPV) has introduced Euroclear security certificates registered on the SIX Swiss Exchange, secured by its isotope copper reserves. On February 14, 2025, certificates valued at USD 1.44 billion became available for trading at a price of USD 100 per certificate. Within a single day of trading, spectacular transactions worth USD 600 million were executed by the market close.

The selection of ISE as Fayafi’s auditor brings independent verification into play, assuring adherence to strict compliance and financial integrity, which ultimately strengthens the foothold of Fayafi in the investor community. ISE’s independent auditing will comprise quarterly stock-taking of Fayafi's isotope copper to assure accurate valuation and verification of physical holdings. The inaugural quarterly audit is planned to commence on February 28, 2025.

One of the strategic benefits of having ISE conduct audits is the complete independence from Fayafi's custodian, Ferrari Logistics DMCC. This separation bolsters transparency in operations, ensuring comprehensive and unbiased verification of inventory levels. Patrick Pilati, Executive President of Fayafi Investment Holding Limited, remarked, “The appointment of ISE as our official auditor reflects our commitment to Swiss-standard financial governance and market leadership in isotope copper.”

He further emphasized that this independent auditing and stock-taking initiative will guarantee an optimal level of transparency and trust from both investors and regulatory authorities. In complying with the regulations set by the SIX Swiss Exchange, Fayafi is establishing its presence as a compliant and regulated entity in the international strategic commodities arena. This ensures that the high standards expected by the exchange are not only met but exceeded.

Fayafi’s approach underlies its dedication to uphold the trust of investors and stakeholders through rigorous verification processes. The audit is not just about compliance; it’s about setting a standard, fostering faith in its operations, and establishing trust with its investors. ISE, founded in 2008, stands as a globally recognized institution specializing in the evaluation and assurance of significant strategic assets in regulated markets. Its role at Fayafi Investment Holding is pivotal in highlighting the essential balance between innovation in commodities investment and the need for robust financial governance.

In summary, Fayafi Investment Holding’s recent decisions symbolize its response to market demands for transparency and due diligence in financial practices. The partnership with ISE does not merely signify compliance; it embodies a commitment to enriching the financial landscape of the UAE and positioning Dubai as a prominent global financial hub. With strategic advancements like these, Fayafi is laying the groundwork for sustained growth and investor confidence in an increasingly competitive market.