The physical world,
under the hood.
Every Arcane token has a twin sitting in a bonded warehouse somewhere real. Here's the full chain, from your tap to the vault and back.
You tap buy.
Open the Arcane app. Pick a commodity. Choose an amount — a single gram of gold, half a barrel of oil, seventeen grams of copper. Tap buy. Pay with USD (ACH or wire), USDC, or supported stablecoins.
Tokens land in your wallet in under three seconds. No waiting for market hours. No margin call. No paper contract to sign. The token you receive is a bearer instrument — you can hold it, send it, or redeem it at any time.
We source the physical.
The same second your token is minted, Arcane buys the equivalent physical commodity from our sourcing partners. For gold and silver, that's LBMA-approved refiners. For oil and gas, it's CME-cleared warehouse receipts and pipeline positions. For agriculture, it's ICE and CBOT-licensed commodity brokers.
We never run fractional. Every token minted is matched, same-block, by a physical purchase. This is enforced by smart contract — mint orders that cannot be backed are rejected at the protocol level.
It goes in the vault.
Brinks, Loomis, or Malca-Amit takes custody of the physical. Each bar, barrel, or batch is serialized and logged against the on-chain token supply. You can verify the match at any time via our proof-of-reserve feed.
Deloitte audits reserves monthly under PCAOB standards. Their attestations are published publicly and cryptographically anchored on Ethereum via Chainlink. If the on-chain supply ever exceeds the custodial inventory, mint operations halt automatically.
Sell or redeem — your choice.
Sell back to Arcane at any time, 24/7. We burn the token, release the physical from the vault, and settle you in USD or USDC. Typical sell-settle cycle: under 10 seconds.
Or, if you want the physical, you can request delivery. Precious metals ship in standard bar sizes (1g, 10g, 100g, 1kg). Oil, gas, and agri commodities can be redeemed into CME or ICE warehouse receipts. Delivery fees and minimum order sizes apply — see each commodity's redemption page.
The questions everyone asks.
Arcane tokens live on-chain, but you don't need a crypto wallet to use them. The default experience uses Arcane's custodial wallet — you sign up with email, verify your identity, and trade. For advanced users who want self-custody, we support connection to MetaMask, Phantom, and most major wallets.
Whether you use our custodial wallet or your own, the physical commodity backing is identical. The difference is only where the keys to the token live.
The physical commodity backing each token is held in bankruptcy-remote custody, not on Arcane's balance sheet. That means Arcane's creditors have no claim on your reserves. If we ceased operations, a court-appointed trustee would coordinate with our custodians to redeem outstanding tokens against the reserve pool.
This is the same legal structure used by commodity ETFs like GLD and SLV, and it is required by Section 21 of the CLARITY Act.
All physical reserves are insured at full replacement value. Brinks, Loomis, and Malca-Amit each carry primary insurance underwritten by Lloyd's of London syndicates. Arcane carries supplementary excess-of-loss coverage. Any physical loss or shortfall would be fully reimbursed before affecting token holders.
In the unlikely event of a loss larger than combined insurance coverage, a pro-rata redemption haircut would apply. This has never happened to any of our custody partners in over 150 years of combined operating history.
Two paths. Cash redemption: you burn the token in-app and receive USD or USDC at the prevailing spot price, minus a 0.15% spread. Settles in under 10 seconds for stablecoin, same-day for ACH, next-day for wire.
Physical delivery: you place a delivery request for a whole multiple of the standard bar/barrel size. Metals ship via Brinks armored courier to any address in the US, UK, EU, Singapore, or Hong Kong. Energy and agri commodities can be redeemed into standard exchange warehouse receipts transferable to you directly.
We charge 0.15% on mint and 0.15% on redemption — that's it. No monthly fees. No storage fees. No hidden spreads baked into quoted prices. The price you see is the LBMA / CME / ICE mid, plus 15 basis points.
For physical delivery, a handling and shipping fee applies. Typical delivery of a 1kg gold bar to a US address runs $45 all-in. Full delivery price list lives in the app.
GLD, SLV, and USO are commodity ETFs. They charge an annual expense ratio (0.40% for GLD, 0.79% for USO) that compounds against your position. You cannot redeem GLD shares for physical gold unless you hold at least 100,000 shares — approximately $20M at today's prices. USO holds futures contracts, not physical oil, which means it suffers from contango decay in most market conditions.
Arcane charges no annual fee. Any holder can redeem for physical at standard bar sizes. We hold the physical directly, not derivatives, so there is no contango decay.
Meridian Digital Group LLC, the issuer of Arcane tokens, is licensed by the Wyoming Division of Banking as a commodity-backed payment stablecoin issuer under Section 21 of the Digital Asset Market Clarity Act of 2025. We are also registered with FinCEN as a money services business and comply with all applicable BSA, AML, and OFAC requirements.
The services are not available in all jurisdictions. See our Terms of Service for the full list of restricted countries and territories.
In the US, gains on commodity tokens are generally treated as collectibles (for precious metals) or ordinary assets (for other commodities), with tax consequences depending on holding period and your tax situation. Arcane issues 1099 forms for US users annually.
We are not tax advisors. Consult a qualified CPA regarding your specific circumstances before trading. See Section 11 of our Terms of Service for the full disclaimer.
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