Transparency

Proof of Reserves

Real-time verification of silver backing for all XAG1 tokens.

Fully Backed
Last Verified: Jan 15, 2026
1,000,000tokens
Total XAG1 Supply
1,000,000troy oz
Physical Silver
100%
Backing Ratio

Vault Distribution

VaultAllocated (oz)BarsShareStatus
Istanbul
Turkey
250,000250
25%
Allocated
Dubai
UAE
300,000300
30%
Allocated
London
UK
250,000250
25%
Allocated
Zurich
Switzerland
200,000200
20%
Allocated
Total1,000,0001000100%

Verification Schedule

  • On-Chain SupplyReal-time
  • Vault ReconciliationMonthly
  • Independent AuditQuarterly
  • Spot ChecksRandom

Bar Record Fields

  • Serial NumberUnique ID
  • Gross WeightTroy Ounces
  • FinenessMin 999.0
  • StandardLBMA Good Delivery

Public Data

  • • Total supply (on-chain)
  • • Total physical silver (oz)
  • • Vault-level distribution
  • • Last verification date

Restricted Data

  • • Full bar serial lists
  • • Vault confirmation letters
  • • Reconciliation reports
  • • Auditor working papers