How it works:
- Custody & verification — Physical metal is stored with a certified vault operator. Each bar or lot is verified, documented, and locked to the corresponding digital tokens.
- Token issuance — DALP creates digital tokens that represent ownership of the underlying metal. One token can represent as little as a single gram, making precious metals accessible to any investor.
- Provenance tracking — Every token carries a transparent chain-of-custody record: origin, refiner, assay, storage location. This supports responsible sourcing compliance (LBMA, OECD) and reduces due diligence burden for buyers.
- Compliance built in — AML/KYC checks, investor eligibility rules, and transfer restrictions are enforced automatically at the token level. Every transaction is auditable.
- Trading & settlement — Token holders can transfer or trade their metal-backed tokens on connected marketplaces with near-instant settlement, replacing the traditional T+2 to T+5 cycle.
- Redemption — Holders can redeem tokens for physical delivery or cash equivalent, with the process managed through the same platform.
Precious Metals Investment is Stuck in the Physical Era
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High Barriers to EntryTraditional precious metals investment requires purchasing physical bars (100oz gold, 1,000oz silver), arranging insured storage, and managing logistics. These minimums exclude retail and smaller institutional investors entirely.
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Provenance OpacityResponsible sourcing compliance (LBMA Good Delivery, OECD Due Diligence Guidance) demands manual chain-of-custody documentation. Each transfer requires verification against sourcing standards, a process that is paper-heavy, error-prone, and costly.
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Slow Settlement and Custody FrictionPhysical metal trades settle T+2 to T+5. Custody transfers require vault operators to physically verify, move, and reconcile holdings, adding days and operational overhead to every transaction. |
One Platform. Five Pillars. Complete Metals Lifecycle.
Issuance and Fractionalization
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Deploy asset-backed precious metals tokens with verified links to physical custody holdings.
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Gram-level fractionalization opens investment from traditional 100oz bar minimums to accessible denominations — expanding investor reach without compromising asset backing.
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On-chain metadata stores provenance data, assay certificates, and custody location.
Compliance
- Ex-ante enforcement validates every transfer against AML/KYC requirements, responsible sourcing standards (LBMA, OECD), and jurisdictional eligibility, before execution.
- 18 compliance module types handle investor accreditation, country restrictions, transaction limits, and geography-specific regulatory requirements.
Custody
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Verified integration with vault operators and storage providers.
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Key Guardian manages enterprise-grade key management with maker-checker approvals, RBAC, and HSM compatibility.
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Bring-your-own-custodian integrations (Fireblocks, DFNS) preserve existing vault relationships.
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DALP orchestrates custody policy, it does not act as a custodian.
Settlement
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Atomic DvP settlement for metal token transfers: asset and cash legs complete together or revert together.
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Replaces T+2/T+5 physical settlement with T+0 finality.
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No counterparty risk. No custody reconciliation gaps
Servicing
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Automated provenance tracking and chain-of-custody documentation across the token's entire lifecycle.
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Storage fee processing, insurance management, and physical redemption workflows execute programmatically.
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Exchange connectivity enables secondary market trading with compliance embedded in every transaction.
Measurable Impact on Precious Metals Operations
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Gram-level fractionalization — opens precious metals investment from traditional 100oz bars to accessible denominations.
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T+0 settlement — replaces T+2/T+5 physical settlement cycles with atomic DvP finality.
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Transparent provenance — immutable chain-of-custody from mine to investor, reducing due diligence burden.
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New retail and institutional investor access — lower minimums and compliant cross-border distribution expand the investor base.