What are PTXM Tokens?
PTXM tokens represent the primary physical platinum pricing exposure asset class within the XMG Token Series, collateralized on a dollar‑for‑dollar basis by a PECU‑based Digital Asset Treasury.
Each XMG token series, including PTXM, has a main token class, and verified institutions have the option to mint their own issuer‑identified PTXM variants, enabling them to operate within their own ecosystem while maintaining full control over cash‑in/cash‑out flows, utility functions, physical reserves and partnership integrations.
These issuer‑specific PTXM tokens remain fully interoperable with the main PTXM class across both the native PNP16 protocol and ERC‑20 environments.
Refineries and institutions with verified vaulted physical platinum, as well as mining companies with geologically proven and legally owned unencumbered platinum reserves, may request authorization to mint PTXM tokens that represent their underlying physical assets.
This framework transforms physical platinum into a transparent, tokenized financial instrument, enabling liquidity, fractional ownership, and collateralization within a Digital Asset Treasury (DAT).
By combining PECU collateral with tokenized real‑world physical platinum reserves, PTXM establishes a dual‑layer trust model that modernizes physical commodity finance and expands institutional access to on‑chain asset‑backed instruments.
Key Characteristics of PTXM Tokens
Asset Backed
Every PTXM exposure token is secured by a PECU‑based Digital Asset Treasury on a dollar‑for‑dollar value basis.
Direct Exposure
PTXM exposure tokens are pegged to real‑time global pricing for physical platinum.
Transportable
Transporting physical platinum is costly and operationally complex, PTXM provides instant, low‑cost pricing exposure without the burdens of physical movement.
Institutional Focus
Physical redemption privileges are determined solely by each issuer and are limited to verified institutional customers such as brokerage firms, funds, and exchanges.
Strict Compliance
All issuer‑approved institutional redemptions require mandatory KYC/AML verification.
24/7 Trading Ability
PTXM exposure tokens are tradable 24/7/365 on any exchange or platform that lists them.
Fractionalization
PTXM is inherently fractionalized up to 15 decimal places, overcoming the indivisibility of physical platinum.
Investor Control
Institutional PTXM exposure token holders may self‑custody or act as custodians for others, managing their own logistics and costs if an issuer grants physical redemption.
Utility and Advantages
How PTXM Tokens Work
Asset Backed: Every PTXM token is secured by a PECU based Digital Asset Treasury on a dollar for dollar value basis and accumulated physical platinum or reserves over time.
On Demand Supply: PTXM tokens have an initial supply of 100,000 tokens, once distributed verified institutions, platinum refineries and mining companies with unencumbered and verified platinum reserves can request to mint additional PTXM tokens.
Redemption Option: Redemption parameters and timelines are at the option of the issuer, ONLY verified institutional customers can redeem PTXM for physical assets, subject to monthly limits.
Redemption Limits: Capped at 100 PTXM tokens per month or 20% of a holder’s total PTXM balance, whichever is lesser.
Holder Responsibilities: Token holders converting to physical assets cover export, logistics, customs and storage costs.
Freely Tradable: PTXM tokens can be traded, transferred or collateralized within Digital Asset Treasuries for the life of the token.
