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Who uses Universal Mint

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What can be tokenized

Universal Mint is built for tokens backed by real-world assets. Today it supports two kinds:
  • Commodity tokens backed by gold, silver, platinum, or copper, measured in troy ounces. Each token is backed by individually tracked bars held by a custodian.
  • Custom tokens backed by another asset, such as bitcoin, where each reserve transfer is filed as evidence with the request.
Funds, bonds, real estate, and other asset classes are planned.

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The life of a token

1

An organization is approved

A company requests an organization on Universal Mint and completes business verification. The platform reviews and approves it as an issuer.
2

The issuer lists a token

The issuer submits a listing request describing the token, its contract, its custodian, fees, and terms. The platform reviews the listing; approving it makes the token live.
3

Investors request tokens

A verified investor opens an issuance request. The backing is registered, the issuer’s approvers sign off, and the tokens are minted to the investor’s wallet.
4

Investors redeem tokens

An investor opens a redemption request and sends the tokens back. The custodian releases the underlying asset, the tokens are burned, and the asset is delivered.
5

The record stays public

Each token has a public page showing its supply and mint and burn history, commodity tokens also show their reserve, and issuers publish disclosures as things change.

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How decisions are approved

Nothing important on Universal Mint happens on one person’s say-so unless an organization chooses that.
  • You sign your own requests. Every request is signed on your device with your passkey or wallet.
  • Organizations decide who approves what. An issuer can require, for example, two of three treasury officers to approve every mint. See Approval groups.
  • Approvals are recorded. Each approval is a signed decision kept in the same history as the request it approves.
Learn more in How records work.

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Two consoles

  • The Universal Mint app at app.universalmint.io is for investors and issuers. If you belong to an organization, you switch between your personal workspace and your organization from the same app.
  • The admin console at admin.universalmint.io is for the platform operator team.