Digital certificate
Cuprum Token
A digital certificate linked to ALCUM's copper recycling and trading, with returns based on completed trade cycles. Trades typically take 2–6 weeks. Professional investors only.
Key terms
Cuprum Token at a glance
- What you buy
- A certificate issued by ALCUM AG, held as a digital token
- Returns
- Net results of copper recycling and trading cycles, typically lasting 2–6 weeks.
- Versions
- xCUPa follows the copper price, xCUPb is hedged against it
- Who can invest
- Professional investors only
How the cycle works
From investment to payout
Cuprum Token is linked to defined copper recycling and trading cycles. Trades typically take 2–6 weeks.
- 1
Investment
Subscriptions fund a defined trade cycle. From day one, the position is linked to a real commodity lot.
- 2
Buying and storing
The commodity is stored in a warehouse in Valencia, Spain. It’s insured and independently audited.
- 3
Trade cycle execution
The copper is refined at Mirada Levante and sold to industrial buyers.
- 4
Results
Results are settled at cycle end, reflected in the token's value, and reported. You can exit at this point and be paid in USDC.
Key risks
What could affect your return
- xCUPa rises and falls with the copper price.
- xCUPb is hedged to reduce price swings, but the hedge may not fully eliminate them.
- If a cycle earns less than expected or loses money, your token is worth less.
- If the refinery, a buyer, or a hedging partner fails, payouts may be delayed, reduced, or lost.
- You can normally exit only at the end of a cycle. Jurisdiction restrictions apply.
Ready to join the next cycle?
Open to professional investors, from 125,000 USDC.