How it works

At The Mint, we make scarce, physical assets accessible through digital ownership.

Greenland Reserve Coin (GNRC) – our regulated, reserve-backed token for investors.

Close-up of rocky ground with pink and purple mineral deposits.

1. GNRC – A Regulated, Asset-Backed Coin

GNRC is the focus of our 2025 launch. It is a MiCA-aligned digital asset, issued in Norway by The Mint AS, and fully backed by audited reserves of Greenlandic rubies and sapphires.

  • Audited reserves – verified annually, segregated in independent custody

  • Scarcity-driven value – the Greenland mine is permanently closed, no new supply is possible

  • Investor protection – 5% buffer ensures reserves always exceed €1 per token

  • Compliance-first – structured for transparency under the EU’s MiCA regulation

GNRC is listed on Norwegian Block Exchange (NBX) with professional market-making and a live transparency dashboard showing reserves, NAV, and audit reports.

Our Principles

Across both products, we uphold the same values:

  • Transparency – all assets are traceable and verified

  • Security – independent custody, insurance, and blockchain-based proof of ownership

  • Sustainability – gemstones sourced from Greenland Ruby’s now-closed mine under strict ESG standards

An aerial view of a snowy island with a lighthouse, a football field, and a church, surrounded by water, with a mountain range in the background, under a cloudy sky.
Download the GNRC White Paper]

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