Alcum
Alcum is a tokenized commodity platform that lets users buy on-chain shares (xCUP) backed by physical copper stored in Madrid.
What is Alcum?
Alcum is a tokenized commodity platform run by Alcum AG, a Swiss SRO VQF-registered firm. Users exchange USDC for xCUP tokens that represent a share of 99.5%-purity copper held in a Madrid warehouse and hedged through StoneX. Smart contracts on Ethereum were audited by Halborn, and the vault holds about $130K of tokenized copper exposure. xCUP is described as a technical accounting representation of a physical asset, not an investment product.
Web3 dapps and developer tools related to Alcum
Discover blockchain applications that are frequently used with Alcum.
Theo
WisdomTree
Joinn
Multipli.fi
Developer resources from Alchemy
Banking on blockchain: How TradFi and Fintech are racing to embrace crypto
Discover why top financial institutions and fintechs are adopting crypto—fast. This playbook breaks down the strategies, opportunities, and infrastructure needed to build crypto products at scale, with Alchemy as your enterprise-grade partner.
Pharos support is live on Alchemy
Pharos, a Layer 1 built for real-world asset circulation and institutional DeFi, is now supported on Alchemy. Learn what makes it different and what teams are already building.
Liminal eliminates downtime using Alchemy’s Transfer API
Liminal provides an easy-to-setup and simple-to-use digital asset wallet infrastructure and custody platform.
Alcum alternatives
Explore web3 competitors and apps like Alcum.
Tether Gold (XAUt)
RAAC
Piggycell
Gold DAOApp store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.
