Asset-Referenced Token · Republic of Armenia · CBA Regulated

EUREKA
GOLD TOKEN

( XAUE )

Physical gold meets blockchain technology — regulated, transparent, accessible from 1 gram. The first tokenized gold product licensed under Armenia's Law on Crypto-Assets.

100%
Gold Backing
1 Gram
Min. Investment (~$160)
0%
Storage Fee
24/7
Redemption
Scroll

Traditional Gold Is Broken
for Most Investors

Gold represents a $12 trillion global market, yet the vast majority of retail investors are effectively locked out by high costs, illiquidity, opacity, and large minimums.

✕ Traditional Gold Investment
⛔
High Entry BarrierMinimum $5,000–10,000 to own any physical gold
⛔
Poor LiquidityDays to settle; business hours only, no global access
⛔
Storage Costs0.5–1.5% per year in insurance and vault fees
⛔
Zero TransparencyCannot verify reserves without costly third-party experts
⛔
Not DivisibleLarge bar minimums; no dollar-cost-averaging possible
→
✓ EUREKA GOLD TOKEN (XAUE)
✅
Invest from 1 Gram (~$160)Fractional ownership — no minimum entry amount
✅
24/7 Blockchain TradingInstant transfers; global DEX and CEX access always open
✅
Zero Storage FeeCustody fully included — 0% annual cost, competitive advantage
✅
Full On-Chain TransparencyDaily NAV + smart contract reserves publicly verifiable
✅
Fully Divisible1 XAUE = 1 gram; DCA and micro-investing fully supported

Simple 5-Step Lifecycle

Every XAUE token is backed 1:1 by one gram of LBMA 999.9% fine gold, held in sovereign custody and redeemable at any time.

1
Invest
Deposit USD or physical gold via the platform — from as little as 1 gram (~$160)
2
Acquire
LBMA 999.9% fine gold bars purchased, assayed and certified on your behalf
3
Custody
Gold stored in Central Bank of Armenia vaults — 100% insured against all risks
4
Mint
XAUE tokens minted 1:1 on Ethereum ERC-20 — ready for trading or DeFi use
5
Redeem
Request physical gold or cash wire any time — settled within 3–5 business days
"Democratizing Access to Physical Gold Through Blockchain Technology"
— EUREKA GOLD TOKEN Mission Statement, February 2026

Token Mechanics

ParameterDetail
Peg1 XAUE = 1 gram of LBMA 999.9% fine gold bar
BlockchainEthereum ERC-20 + Layer 2 (Polygon, Arbitrum) for low-fee retail use
CustodyCentral Bank of Armenia + licensed international vault partners · 100% insured
NAV PublicationDaily at 16:00 UTC · London Gold Fixing · published within 2 hours · monthly audit
RedemptionPhysical 1 kg gold bars or cash wire (USD) · 24/7 requests · 3–5 day settlement
NAV FormulaNAV = (Total Gold Grams × London Spot Price) ÷ Total XAUE Outstanding

A $12 Trillion Market
Ready for Disruption

Tokenized commodities are growing at 50% CAGR. PAX Gold and Tether Gold already exceed $500M/month in volume — proving massive retail demand. XAUE targets the segments they ignore.

$12T
Global Gold Market
+50%
Tokenized Commodities CAGR
$500M
Monthly Volume (Competitors)
$100M
XAUE Launch AUM Target

Why the Timing Is Right

⚖️
Armenian Law on Crypto-Assets (July 2025)
First clear Asset-Referenced Token regulatory framework in the region. XAUE is positioned to be the first licensed product under this law, giving unprecedented regulatory certainty.
📊
Proven Market Demand
PAX Gold and Tether Gold already exceed $500M/month in trading volume. The market exists, is growing fast, and is underserved in EU, MENA, Africa and Asia — XAUE's primary targets.
🏛️
Institutional RWA Adoption
BlackRock and Franklin Templeton have validated tokenized real-world assets at scale. Physical gold is the most natural and trusted next step in the tokenized asset wave.
📈
Inflation Hedging Demand
Retail appetite for hard-asset exposure is at historic highs. Yet physical gold remains inaccessible for 95% of investors. XAUE closes this gap permanently.

Transparent Fee Structure
& Revenue Model

A simple, investor-friendly fee model — with zero storage cost, the single biggest competitive advantage in the market.

Fee Schedule

Fee TypeRateWhen Charged
Minting Fee1.00%On new token issuance
Redemption Fee1.00%On token redemption
Transaction Fee0.05%Per on-chain XAUE transfer
Annual Storage0.00% ✓Never — included in custody

AUM Growth Targets

MilestoneTarget AUM
Q4 2026 — Launch$100 Million
End 2027 — Growth$1 Billion
2028+ — Expansion$500 Billion (long-term)

Annual Fee Comparison

Physical Gold
storage + dealing
Storage 1.2% + Dealing 2.5%
3.7%
PAX / Tether Gold
storage + minting
0.35%
0.35%
XAUE — Best
0% storage always
0%
0%
★ Industry Best: XAUE charges 0% annual storage — every other product charges between 0.25% and 1.5% per year just to hold your gold.

Available On

Ethereum Mainnet Polygon L2 Arbitrum Major CEX DEX Platforms DeFi Protocols

Built on Sovereign Trust
and Full Transparency

XAUE is the only tokenized gold product regulated directly by a national central bank — the Central Bank of Armenia — under the Armenian Law on Crypto-Assets.

🏦
CBA Regulated
Licensed by the Central Bank of Armenia under the Armenian Law on Crypto-Assets (July 4, 2025) — Article 40 competent authority supervision.
🔒
100% Reserve
Gold reserves verified daily via London Gold Fix and audited quarterly by an internationally licensed independent auditor.
📋
AML / KYC
Full customer identification, enhanced due diligence, OFAC and UN sanctions screening in real time for every transaction.
🔐
ISO 27001 Security
AES-256 encryption, TLS 1.3, enterprise firewalls, DDoS protection, and quarterly penetration testing by certified firms.
📊
On-Chain Transparency
Smart contract reserves publicly verifiable by anyone. Daily NAV published within 2 hours of the London Gold Fixing.
🛡️
All-Risk Insurance
100%+ of gold reserve value covered by all-risk policy against theft, loss, and natural disaster — no coverage gaps.

Token Holder Rights — Protected Under Armenian Law

⚖️
Allocated OwnershipYou own fractional interest in physical gold — not a derivative or futures contract
💰
Unconditional RedemptionRedeem for LBMA gold bars or cash at any time — guaranteed by law
📈
Daily NAV AccessPublished on-chain and on website within 2 hours of London Fix every day
🔍
Reserve TransparencyFull quarterly audit reports publicly available — no black boxes
📞
Complaint RightsResolved within 30 days; escalation directly to CBA available
⚖️
Equal TreatmentAll token holders treated equally regardless of investment size

From Approval to Global Scale

A clear six-phase path from regulatory approval to becoming the leading tokenized precious metals platform globally.

Q1–Q2 2026 — Preparation
Regulatory Foundation
Company incorporation in Armenia, legal framework finalization, CBA license application submission, senior team hiring and governance setup.
Q3 2026 — In Progress
White Paper Approval & Development
CBA white paper approval, smart contract development and audit, platform build, gold custody partner agreements, initial gold purchase.
Q4 2026 — TARGET LAUNCH ★
TOKEN LAUNCH — $100M AUM
Public XAUE token issuance, platform go-live, first exchange listings, initial gold reserve of $100M, daily NAV publication commences.
2027 — Growth Phase
Exchange Distribution · $1B AUM
Major CEX/DEX expansion, institutional investor onboarding, DeFi protocol integrations, MENA and EU market development.
2028 — Expansion
Silver & Platinum Tokens
Launch XAUE-Ag (silver) and XAUE-Pt (platinum) products under same CBA framework. Full precious metals ecosystem established.
2029+ — International Scale
New Jurisdictions & Global Reach
Licensing in additional jurisdictions (EU MiCA, ADGM, MAS), multi-currency redemption, institutional prime brokerage products.

Issuer & Team Structure

RoleResponsibility
CEOOverall strategy, CBA fit & proper approved
CFOTreasury, financial planning, CBA reporting
CTOBlockchain platform, smart contracts, security
CCOAML/CFT, KYC administration, compliance
CustodianCentral Bank of Armenia + international vaults
AuditorInternational firm with Armenian license

XAUE vs. The Competition

FeaturePhysical GoldXAUE
Min. Investment$5,000+1 Gram (~$160)
LiquidityBusiness hours24/7 Global
Storage Fee0.5–1.5%/yr0% Always
TransparencyOpaqueOn-Chain Daily
RegulationVariesCBA Licensed
DivisibilityLarge bars only1 gram min.

The People Behind XAUE

A team combining decades of gold industry experience, blockchain pioneering, and international corporate expertise — uniquely positioned to deliver regulated tokenized gold at scale.

HV
Chief Executive Officer
Hayk Vardanyan

Serial entrepreneur with 40+ years spanning gold mining, blockchain, finance, and real estate across four continents. Former CEO of MMG Gold Limited (Tanzania), responsible for end-to-end gold exploration and export operations in partnership with STAMICO — the State Mining Corporation of Tanzania. Founder of BlockCentro FCZO (Dubai Silicon Oasis), dedicated to blockchain industry innovation. Director and Managing Director of FICO Universal Credit Organization (Yerevan) and multiple investment vehicles in Dubai and Armenia. Graduate of the University of Southern California with degrees in Chemistry and Biomedical Engineering.

Gold Mining Blockchain Corporate Finance Real Estate Dubai · Armenia · Tanzania
NS
Chief Technology Officer
Nick Spanos

A founding pioneer of the global blockchain and Bitcoin ecosystem. In 2013, founded Bitcoin Center NYC — the world's first live cryptocurrency trading floor, located 100 feet from the New York Stock Exchange. CEO of Blockchain Technologies Corp. and co-founder of Zap.org, which enables real-world data to trigger smart contract provisions on-chain. Inventor of VoteWatcher, the first patented blockchain-based voting platform. Featured in the Netflix documentary Banking on Bitcoin. Speaker at global events including the World Government Summit and LABITCONF 2025. Advisor on blockchain adoption to Saudi Arabia and other sovereign initiatives.

Bitcoin Pioneer Smart Contracts DeFi / Web3 ERC-20 Platforms Blockchain Architecture
LinkedIn Profile
CV
Chief Operating Officer
Cristiano Volpi

Italian lawyer and international business executive with 25+ years across Europe, Africa, Russia and the Gulf. Graduate in Commercial Law from the Università di Pisa, admitted to the Italian Bar in 2003.
Founder of ILC Ltd (Tallinn) and Volpi & Partners FZ LLC (Dubai), specialising in UAE company formation, international tax planning and corporate structuring. Previously COO at MMG Gold Limited (Tanzania) — the same gold operation co-led by CEO Hayk Vardanyan. Former Managing Director IVECO Russia and General Counsel Afin Leasing AG (Vienna).
Oversees XAUE's operational compliance, regulatory strategy and investor relations.

Corporate Structuring UAE Regulatory Tax Planning Banking & Finance Dubai · EU Markets
LinkedIn Profile

Ready to Invest in
the Future of Gold?

Be among the first investors in the only regulated, sovereign-backed tokenized gold product in the region. CBA license application in progress for Q2 2026 launch.

Headquarters
Yerevan, Republic of Armenia
Regulatory Status
CBA License Application — Q2 2026
Document
White Paper v1.0 — February 2026