GNRC
Europe’s first MiCA-registered asset-referenced token (ART), backed by a segregated reserve of Greenland rubies and sapphires held in custody in Bangkok. GNRC targets a 1 EUR peg and is listed on regulated venues. Transparency is delivered through a live dashboard, quarterly custodian attestations, and independent valuation statements.
- Finite reserve Gemstones from a closed Greenland mine.
- Conservative valuation Reserve Valuation Basis (RVB) at 50% of retail.
- Regulated access MiCA Article 8(7) filing; KYC/AML via exchange partners.
- Ongoing transparency Live dashboard + published attestations/audits.
How GNRC Works
Reserves (what backs GNRC)
Gemstones (rubies/sapphires) are held in segregated custody in Bangkok. The custodian issues quarterly attestations (stone & carat totals) and provides valuation statements based on RVB (50% of retail) at a regular cadence.
Issuance & Peg
GNRC targets a 1 EUR peg. Issuance is controlled and aligns total tokens with the independently valued reserve. Policy and roles are defined in the token’s Cardano policy ID and agreements with listing venues.
Trading & Pairs
GNRC is listed on regulated exchanges (starting with NBX). Trading pairs (e.g., GNRC/EUR and others when live) provide access and liquidity under exchange KYC/AML.
Transparency & Assurance
Live Transparency Dashboard (stones, carats, valuation, tokens outstanding, coverage ratio). Custodian Attestations (quarterly) and Valuation Statements (monthly in year 1, then quarterly). Independent audit (annual) and insurance proof.
Transparency (Preview)
A quick look at key GNRC metrics. Open the full dashboard for complete governance & documents.