Physical Gold Tokenized on XRPL
1 AURG = 0.1g fine gold (≥99.9%) — Citadel/Brinks custody, APMEX partnership, XRPL settlement.
AurumGram (AURG) tokenizes physical gold on the XRP Ledger. Each AURG token represents exactly 0.1 gram of fine gold (≥99.9% purity). Custody chain: APMEX (largest US online precious metals dealer) → Citadel Global Depository Services → Brinks NYC (fully segregated vault storage, 0.55%/yr). Smart invariant enforced: reserve_grams >= circulating_tokens × grams_per_token. No fractional reserve, no pre-minting — physical gold must be acquired, delivered, confirmed, and reserve ledger updated before mint. APMEX partnership includes Bullion Card (4% back, 0% APR), Bullion Club Elite, Citadel Storage, and Credit Lines. Tokens are DEX-tradeable, transferable, and redeemable for physical metal. Audit model: add-only (every custody receipt on-chain). NOT an investment product — weight-denominated custody receipt token.
Custody fees, minting fees, and storage revenue
Physical gold tokenization delivering RWA liquidity on XRPL
Real World Asset — Precious Metals