Available
Grails
Collectible CardShares markets — the First Grail is held directly by GrailHouse; trading is not yet open.
Browse marketsGrailHouse: Grails · Precious Metals · Real Estate
Available
Collectible CardShares markets — the First Grail is held directly by GrailHouse; trading is not yet open.
Browse marketsIn development
Physical 1-troy-ounce gold and silver lots — architecture complete; live pricing and custody not connected.
Next chapter
Curated properties — preview the concept on the Real Estate page.
View Real EstatePlanned product flow — not available for production purchases today.
01
Collective funding of individual physical 1-troy-ounce lots — each share starts as a $1.00 contribution unit at funding.
02
When a lot is fully funded — including Metal Fulfillment Reserve — acquisition can proceed. Shares do not activate until purchase and reserve are funded.
03
After acquisition, verified ounces move through custody milestones. Metal NAV tracks metal reference × verified weight — separate from reserve.
04
Whole-ounce redemption requires 100% ownership. Partial owners may see an optional path to consolidate — liquidity is never guaranteed.
These layers are never collapsed. Metal Fulfillment Reserve is a solvency buffer — not metal value.
Price A
Web-sourced market reference (XAU / XAG) — not official spot. Until a valid consensus exists: LIVE PRICING NOT CONNECTED.
Price B
Dealer quote path for the physical ounce — not the same as spot.
Price C
Acquisition + costs + Metal Fulfillment Reserve (+ fees). Reserve is not metal value.
Price D
After acquisition: metal NAV per share and, only with executed trades, last share price.
Conceptual lots only — no vaulted inventory, serials, or insurance claims.