How it Works
The planet’s oldest rubies — nearly 3 billion years old — were formed in Greenland. Today, these rare rubies and sapphires are safeguarded in independent vaults and form the reserve behind GNRC, a regulated digital asset built for transparency and trust.
From Rare Gemstones to a
Regulated Digital Asset
GNRC is backed by a segregated reserve of Greenlandic rubies and sapphires — a
finite resource with full traceability. Issued in Norway and aligned with EU MiCA
rules, GNRC lets investors hold and trade exposure to these assets with live
transparency on backing and value.
EU MiCA–aligned • Independent audits • Secure vaulted custody
Why The Mint
Built for Trust: Transparent, Secure, Scarce
Straight facts investors care about: audited backing, regulated structure, independent custody, finite supply, and live reporting.
Fully reserve-backed
GNRC is backed by a pooled reserve of Greenlandic rubies and sapphires held in independent vaulted custody.
Conservative valuation
Reserves are booked at ~50% of retail reference values, with a built-in 5% buffer to keep coverage above €1 per token.
Transparency
End-to-end provenance and live reporting of reserves and NAV on a public dashboard, supported by third-party attestations.
Independent oversight
Annual third-party audits verify both custody and valuation, providing holders with external confirmation of the reserve.
Security
Independent vaulted custody with strict segregation and documented chain-of-custody for all stones in the reserve.
No new supply
Greenland’s ruby mine is permanently closed, creating a structurally finite supply.
RVB = Reserve Valuation Basis (a conservative reference-price methodology). Figures are targets/design features, not guarantees.
Scarcity
Supply is structurally finite: the Greenland source mine has ceased operations, supporting long-term scarcity dynamics.
MiCA-aligned issuance designed for investor protection and transparency.
Issuer: The Mint AS (Norway). Exchange listing with professional liquidity support.
Independent custody for physical gemstones in secure vaults with segregation controls.
Live dashboard publishing reserves, NAV, methodology, and audit materials.
How it Works
From Gems to Regulated Digital Ownership
A simple flow: secure the reserves, issue GNRC under a compliant structure, and give investors live transparency over backing and value.
Reserves Secured
Greenlandic rubies & sapphires are sorted, certified, and placed in independent vaulted custody with insurance. Reserves are verified by annual audits.
GNRC Issued
Tokens are minted in Norway by The Mint AS, structured to align with MiCA. Each token is fully backed by audited reserves with a designed 5% buffer.
Invest & Track
GNRC trades with professional market-making. Holders monitor reserves, NAV, and audit reports through a live transparency dashboard.
Our Commitment
Beyond Numbers: The Mint’s Principles
We are not just building a financial product. We are preserving gemstones that formed over billions of years — mined responsibly in Greenland, now safeguarded with transparent systems so their value and story can endure.
Sustainability
No new extraction. Each stone was mined under strict standards in Greenland. Scarcity is protected, not exploited.
Heritage
Every gem carries a billion-year story. Provenance is preserved and documented so its journey remains verifiable for generations.
Integrity
Independent audits, clear disclosures, and compliance-first design. Trust is not claimed — it is demonstrated.
Community
We connect investors, collectors, and makers. By aligning incentives, the ecosystem grows stronger and preserves cultural as well as financial value.
The idea is simple: protect what is rare, tell its story openly, and let people participate with confidence.