TCu2900

what's TCu29?

TCu29 is a real-world asset (RWA) token that provides tokenized exposure to physical copper. Each TCu29 token represents ownership of one pound of verified physical copper stored in secured, insured facilities. Designed to bridge traditional commodity markets with blockchain technology, it enables 24/7 global trading without the logistical complexities of physical metals. The token operates on the BNB Smart Chain (BEP-20 standard) with a 1:1 backing mechanism enforced through quarterly independent third-party audits, with results recorded on-chain for transparency. Holders can redeem tokens for physical copper (subject to AML/KYC for businesses) or equivalent value via liquidity options benchmarked to spot prices. Reserves are monitored in real-time, ensuring full backing and mitigating counterparty risk.

Snapshot
1M ago
MARKET ACTIVITY

Tokens are tradable on digital asset exchanges.

TOKEN ECONOMICS

Backed 1:1 by 1lb physical copper, offers 1:1 redemption to KYC'd institutions, and undergoes quarterly third-party audits. Listed as one of two tokenized copper products in the onchain metals market alongside CPERr.