GMTL

GMTL, branded GM Tokenization, is a gold-tokenization project that describes itself as "the first Mine-to-Mint gold ecosystem," linking physical gold mining to blockchain tokens that record each gold bar's journey from extraction to on-chain ownership.^[1] The project is built on BNB Smart Chain and issues a BEP-20 token, also called GMTL, with a total supply of 100,000,000.^[1] As of its published status, the GMTL token is marked "Coming Soon" and its presale has not opened, with prospective participants invited to join a waitlist.^[1]

GMTL states a planned reserve target of 12,400 troy ounces of gold to be vaulted and supports connection through the MetaMask, WalletConnect, and Coinbase wallets.^[1] It is a Silver Sponsor of TOKEN2049 Singapore, held 7–8 October 2026 at Marina Bay Sands, where it is scheduled to present its Mine-to-Mint model.^[1]

Overview

GMTL's premise is that, instead of buying finished gold at the prevailing market price, investors fund gold production and receive a claim on the produced gold at a discount.^[2] The project presents this as an alternative to conventional tokenized gold, in which an issuer holds physical gold in a vault and periodically confirms how much is there, requiring trust in a reporting cycle rather than visibility into the supply chain.^[3]

Against this backdrop, GMTL frames its offering in contrast to traditional gold ownership across several dimensions, each of which it states as a design claim. On access, it offers fractional purchase from any amount rather than high minimums; on traceability, it claims full Mine-to-Mint provenance rather than unknown origin; on transparency, it claims on-chain, independently verifiable records rather than opaque ones; on reserves, it claims planned live proof-of-reserve rather than periodic paper attestations; and on liquidity, it claims around-the-clock on-chain transfer rather than slow physical settlement.^[1]

Mine-to-Mint Lifecycle and Partners

GMTL describes a seven-step lifecycle for the gold entering its ecosystem: mine, process, refine, mint, vault, verify, and token.^[1] It states that gold is tracked from extraction through processing and refining to minting into serialized bars carrying laser-engraved identifiers, and then moved into secure vault storage, with each stage recorded before any token is issued. Each bar is described as carrying a "birth certificate" that documents its origin and journey to the vault.^[3]

Within this lifecycle, token value is presented as verifiable through three mechanisms, according to GMTL: vaulted reserves confirmed by a planned proof-of-reserve, a live spot gold price fed by an oracle, and a verified Mine-to-Mint provenance trail. The company states that each token's backing is designed to be independently checkable.^[1] Reserve verification is intended to run through Chainlink's Proof of Reserve, which the company says will continuously check token supply against vaulted gold on-chain rather than through a periodic report.^[3]

To support this Mine-to-Mint stack, the project attributes distinct roles to a set of named partners spanning the supply chain. The company states these relationships support its claim of "real operators, named partners, verifiable stack."^[1] The named partners are:

• Sahel Reserve Mining Co. — mining partner, described as providing responsibly sourced extraction.^[1]
• Helvetia Precious Metals AG — refinery, claimed to provide LBMA-standard refining of mined gold into investment-grade bars.^[1]
• Brink's Global Custody — vault custodian, described as providing insured, institutional-grade storage of physical gold reserves.^[1]
• Chainlink — reserve oracle, enabling decentralized proof-of-reserve through its oracle networks.^[1]
• CertiK — security auditor, providing independent review of smart contracts and protocol security before deployment.^[1]
• Elliptic and Sumsub — compliance partners handling know-your-customer and anti-money-laundering (KYC/AML) checks and transaction monitoring.^[1]

Tokens and Economics

GMTL uses what it calls a Dual Token Model, sold through a GMTL Unit priced at $2 that combines two exposures: GMTA, which represents gold-backed exposure, and GMTB, which represents participation in mining profit.^[1] A third Medium article published by the project describes a broader three-token structure in which GMTL itself serves as a utility token — the platform rail used for platform and transaction fees, access to new production rounds, priority allocation when new gold-backed supply is issued, and the processing of redemptions and settlements.^[2]

Investor capital is connected to future gold through a Simple Agreement for Future Tokens (SAFT), described as a legal agreement that does not appear as a token in wallets and records what was funded and what will be owed once gold is refined and vaulted.^[2] GMTA is described as "the gold token": it starts as a SAFT, a claim on future gold, and once the gold is mined, refined, and vaulted, the SAFT burns and mints into GMTA at a one-to-one rate. Before conversion the SAFT is not tradable, and GMTA is not sold directly — it is obtained only by holding a GMTL Unit through the vaulting process.^[1] The project presents GMTA as the "stable half" of the model, backed by physical vaulted gold and tracking the gold price.^[2]

Within this structure, a central feature is the Forward Purchase Discount, under which early investors contractually lock in the right to receive gold at 15% below the market price; the project states this is contractual and does not depend on future gold prices. It presents the discount as compensation for the operational and execution risk inherent in mining, including extraction costs, processing yields, timelines, regulation, and geology.^[2] On redemption, GMTL states that once the function is live, GMTA holders will be able to redeem tokens for physical vaulted gold at a fixed 15% discount to the ten-day London Metal Exchange (LME) average spot price for gold.^[1]

GMTB is described as "the profit token," live and tradable from day one. It pays a periodic share of net mining profit — stated as 20% of net mining profit — in the stablecoins USDT or USDC, before any gold is minted, and is tradable on secondary markets.^[1] The project calls GMTB the "growth half" of the model and notes that these payments are income that can arrive regardless of whether the gold price moved in a given quarter. The two tokens are detachable, so holders can hold or trade each separately and choose their weighting between gold exposure (GMTA) and mining-operation exposure (GMTB) rather than being forced into a single blended risk.^[2]

The GMTL token itself has a total supply of 100,000,000, issued as a BEP-20 token on BNB Smart Chain.^[1] Its allocation is divided as follows: public sale 33%, team allocation 15%, ecosystem growth and marketing 15%, liquidity and market making 15%, treasury and ecosystem reserve 10%, staking 7%, and private sale 5%.^[1]

The project has also published a sequential roadmap framed as its plan and current status. It states that the smart contract issuing each SAFT has already been deployed and independently audited, and that each Unit carries a verifiable claim on gold from the point of purchase.^[1] It states that $2 Units are on sale, with each purchase issuing one SAFT that later becomes GMTA and one GMTB that begins earning a share of mining profit upon settlement.^[1] Subsequent planned steps are moving purchased gold into secure vault custody and activating Chainlink Proof of Reserve to confirm and publish live reserve data on-chain; converting SAFTs into GMTA automatically at a one-to-one rate once vaulted gold is verified; opening gold redemption; and listing both GMTA and GMTB on external exchanges to provide open-market liquidity.^[1]

Board of Advisors

GMTL lists a Board of Advisors drawn from mining, geology, law, and blockchain technology, presenting each member's experience as the company's claims.^[1] Jeffery Williams is listed as a mining engineer and corporate advisor with more than 40 years in mining and former service as managing director of the ASX-listed Mineral Deposits Ltd. Kelly D. Cowlishaw is a senior mining, excavation, and tunnel advisor with more than 40 years in underground mining, tunneling, and mine development, and a former corporation president of Montana Manroc. John F. Wark, listed as a licensed and certified professional geologist, serves as senior geology, mining, and technical due-diligence advisor. David Rodli is listed as a corporate, legal, and regulatory advisor with more than 45 years in law and mining-company leadership, and former president and chief operating officer of Grant Hartford Corporation.^[1]

On the technology side, Balaji A is listed as a technology and RWA tokenization partner with more than 20 years in technology and over 8 years in blockchain, Web3, and digital-asset infrastructure spanning gold, mining, and other real-world assets. Arun Kumar A is listed as a technology and blockchain architecture partner and chief technology officer of Shamla Tech Solutions, with more than 20 years in technology.^[1]

Market Context

GMTL situates its project within a period of growth it attributes to central-bank demand and institutional adoption of real-world asset (RWA) infrastructure. In an article published on 14 July 2026, the project cited figures it attributes to the World Gold Council, RWA.xyz, CoinGecko, and Morgan Stanley Research.^[3] It reported that tokenized gold traded $90.7 billion on-chain in the first three months of 2026 — more than all twelve months of 2025 combined — up from $84.6 billion for the whole of 2025 and under $1 billion a year in 2020.^[3] The project stated that RWA tokenization crossed roughly $32 billion in on-chain value by mid-2026, nearly tripling in a year, with gold the second-largest category behind tokenized U.S. Treasuries, and attributed a 289% growth in tokenized commodities over fifteen months to CoinGecko's RWA Report.^[3]

Alongside this on-chain activity, the project also highlighted dynamics in the physical gold market. It reported that spot gold crossed $2,500 an ounce in mid-2024, broke $4,000 for the first time in October 2025, and touched an all-time high near $5,589 an ounce in late January 2026 before pulling back to roughly $4,200–$4,500.^[3] It cited the World Gold Council as reporting 244 tonnes of net central-bank gold buying in the first quarter of 2026 and described 2025 as the largest annual addition to official gold reserves since 1967, with more than twenty institutions — including Poland, Kazakhstan, and Brazil — growing reserves. It also noted that global mine output grew only about 2% year-on-year in the first quarter of 2026, with a meaningful share of new supply coming from recycling.^[3] The article concluded with the claim that "the RWA gold market finally has a supply chain. GMTL is it."^[3]

Risk and Investor Eligibility

GMTL presents a set of risk disclosures acknowledging that tokenized commodity values fluctuate with gold spot prices and market conditions and that capital is at risk. It states that digital assets carry smart-contract, custody, liquidity, and regulatory risks that may result in partial or total loss, and that planned proof-of-reserve and audits reduce but do not eliminate operational and counterparty risk.^[1] In a separate article the project explicitly acknowledged execution risk and noted that GMTL is earlier and thinner in liquidity than established assets, contrasting its stage with Tether Gold — live since 2020 and publicly reporting holdings — and Bitcoin, with sixteen years of history, and stating that GMTL is building its track record.^[2]

In addition, the project states that it is not investment advice and that nothing on its site constitutes an offer or solicitation in any jurisdiction where it would be unlawful. Participation is described as available only to eligible, verified investors who complete KYC/AML onboarding, with the offering restricted or unavailable in certain jurisdictions under applicable law, and participants advised to conduct independent research and consult financial and legal professionals.^[1] The project maintains contact and community channels including the email address [email protected] and accounts on X, Telegram, Instagram, Medium, and Facebook.^[1]