Infrastructure for Industrial Finance
Access commodities and structured products linked to real commodity trade cycles, with documented reporting, verification, and settlement.
Independent inspection · NAV verification · collateral oversight
Built on Independent Infrastructure
Independent verification, execution, and oversight across the operational lifecycle.
Three Products Built on One Operational Framework
ALCUM provides three distinct ways to access the same copper operating infrastructure — direct copper ownership, discretionary asset management, and tokenized structured products.
Cuprum Assets
Direct ownership of allocated physical refined copper with the ability to hold, sell or take delivery.
- Ownership
- Physical Copper
- Exposure
- Copper Price
- Minimum allocation
- 10,000 USD
- Access
- Individuals & Corporations subject to KYC
- Onboarding
- KYC-approved participants can join
Cuprum Asset Management
Discretionary investment mandate where Alcum manages capital through successive copper trade cycles.
- Exposure
- Trade-cycle Performance
- Reporting
- Daily
- Minimum allocation
- 10,000 USD
- Management fee
- Quantity Dependent
- Access
- Qualified Investors subject to KYC
Cuprum StructuredProducts
Tokenized structured product linked to verified copper trade-cycle performance and investor distributions.
- Exposure
- Trade-cycle Margin
- Category
- SSPA Category 1300 tracker certificate
- Reporting
- Daily
- Access
- Professional Investors under FinSA Art. 4
We find the opportunity first
Returns are generated by real procurement, processing, and trading cycles. Our edge is detection — we find the structural mispricing and build the machinery to capture it before the margin is competed away.
We read the whole market
Across commodities, we look for the structural gap where supply is constrained and value stays unresolved.
Copper is where the gap is widest
Secondary copper enters underpriced; its value stays unresolved until it’s processed, sold, and settled.
We onboard only proven operators
A four-phase underwriting process admits only companies with an audited track record. Most don’t pass.
The margin is realised, then verified
Return exists only after proceeds are received and reconciled.
As a result the cycle margin adds a second return driver alongside copper’s directional price movement.
Returns are not fixed or guaranteed. Performance depends on the realised outcome of each completed cycle and may vary over time.
Trust Layer
Independent verification across the operational lifecycle.
The framework includes third-party inspection, independent document verification feeding NAV, and collateral oversight.

Inspection of warehouse stock against receipts, invoices, and bank statements.

Independent third party that verifies the validity of the documents that convert into the NAV update.

Collateral oversight; enforcement rights held outside ALCUM for the benefit of investors.
Single point of entry, one entity, one pipeline
Investor capital is protected by three layers that work together — legal ownership, operational tracking, and audited infrastructure. Each is independent, each is verifiable, and the risks beyond them are disclosed in full.
What protects you
The legal layer
ALCUM is the single accountable counterparty. It holds title to the goods, controls escrow as required co-signatory, and remains bankruptcy-remote from the operators — so if an operator fails, the goods stay with ALCUM.
The tracking layer
A purpose-built system records every transaction and stage of each cycle: product terms, collateral, fund and goods movement, and key dates — visible to investors in the cycle.
The technical layer
Onboarding, subscription, settlement, and transfer run on controlled digital infrastructure with a Halborn-audited smart-contract layer, restricted to whitelisted, KYC-approved investors.
Questions, answered
What you own depends on the product you choose.
Cuprum Assets, you own a specific lot of physical copper, evidenced by asset documentation such as a warehouse receipt. This product is designed for investors who want direct exposure to copper as a real asset.
Cuprum Asset Management, you allocate copper or capital under a management mandate, allowing Alcum to deploy it across operating cycles with the objective of generating additional return, net of applicable fees.
Cuprum Structured Products, you own a structured financial instrument issued by Alcum AG. Your position is a contractual claim linked to the performance of verified copper trade cycles, while Alcum retains legal title to the underlying copper and related proceeds during the relevant cycle.
Request Access
Learn more about available products and eligibility requirements.
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Access tiers describe eligibility, not safety. Availability differs by jurisdiction.
Operated and verified with established partners






- SRO VQF






- SRO VQF