Physical Platinum
- Purpose
- Primary reserve backing
Assetiko Platinum
Institutional-grade tokenized platinum exposure on the XRP Ledger, fully backed by physical platinum reserves and supported by product terms, reserve methodology and risk disclosures.
XPTa is organized as a physical platinum-backed tokenized commodity product with a published 101.45% reserve coverage framework.
Product Exposure
XPTa is Assetiko Platinum, a tokenized commodity product issued on the XRP Ledger.
The product is designed to represent platinum-linked reserve exposure through a physical platinum reserve framework, while using XRPL infrastructure for transfer, settlement, issuer metadata and wallet discovery.
XPTa is backed by physical platinum reserves maintained under Assetiko's reserve methodology and a published 101.45% coverage framework.
Reserve Portfolio
XPTa is organized around physical platinum backing, custody records, reserve verification materials and redemption controls.
Reserve Transparency
Published reserve metrics are displayed as a structured record for desktop review and mobile scanning.
| Metric | Current Display | Platinum Quality / Benchmark |
|---|---|---|
| XPTa Outstanding | Published in reserve records | XPT troy-ounce fine-platinum reference |
| Unit Reference | 1 XPTa = 1 troy ounce of platinum | Fine platinum reference unit |
| Reserve Coverage | 101.45% | Physical platinum coverage against outstanding XPTa |
| Reserve Asset | Physical platinum | LBMA Good Delivery or equivalent; 999.5 fine platinum where allocated |
| Reserve Value | Calculated from outstanding XPTa, platinum reference price and reserve coverage | Reserve portfolio marked to platinum-reference value |
| Physical Platinum Holdings | Maintained at or above 101.45% of outstanding XPTa obligations | Custody records and verification materials by request |
| Digital Settlement | Supported settlement assets | Subject to product terms and operational availability |
| Physical Redemption | Eligible requests | Subject to verification, fees, delivery and jurisdictional requirements |
| Settlement Time | T+2 Digital / T+0 On-chain / T+14 Physical | Expected settlement timing |
| Independent Verification | Quarterly | Completed independent auditor reports will be published publicly once issued |
Redemption
Eligible holders may redeem XPTa for supported digital settlement assets subject to product terms, availability and operational procedures.
Physical platinum delivery may be requested from 100 XPTa in London, Zurich, Singapore or Hong Kong SAR, subject to written issuer confirmation, identity and compliance review, available format, fees, taxes and delivery conditions. Physical redemption is not offered in the United States.
Review the physical delivery policyValuation
The reference value of XPTa is determined by platinum reserve value, reserve coverage, product liabilities and outstanding XPTa supply under the reserve methodology.
Reference values are informational and may differ from on-chain market prices, liquidity conditions and executable prices.
Documentation
FAQ
XPTa is Assetiko Platinum, a tokenized commodity product issued on the XRP Ledger and backed by physical platinum reserves.
XPTa is backed by physical platinum under a reserve framework with a published 101.45% coverage ratio.
Eligible holders may request physical delivery from 100 XPTa in London, Zurich, Singapore or Hong Kong SAR, subject to written issuer approval, verification, fees, taxes and available bullion format. Physical redemption is not offered in the United States.
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