Asset classes
Commodities
7 classes in this group. Each resolves from the group profile plus its own overrides, so the parts that genuinely differ are the only parts stated twice.
What the engine holds for each class
These are the actual template values the product uses when an issuer structures one of these assets — what it is, whether it pays, whether it ends, and what must be held or attested.
| Class | What it is | Fungibility | Income | Maturity | Custody & attestation |
|---|---|---|---|---|---|
| Gold | Allocated or unallocated gold in vault custody. | fungible | No income | Open-ended | physical custody, proof of reserve |
| Silver | Physical silver held with a custodian. | fungible | No income | Open-ended | physical custody, proof of reserve |
| Precious metal | Platinum, palladium and other precious metals. | fungible | No income | Open-ended | physical custody, proof of reserve |
| Oil | Crude oil or refined product inventory. | fungible | No income | Open-ended | physical custody, proof of reserve |
| Natural resource | Extractive resource rights or reserves. | fungible | No income | Open-ended | independent valuation |
| Agricultural commodity | Crops and soft commodities. | fungible | No income | Open-ended | physical custody, proof of reserve |
| Warehouse inventory | Goods held under warehouse receipt. | fungible | No income | Open-ended | physical custody, proof of reserve |
What has to be true before issuing
Readiness is derived from what has actually been recorded against the asset, not from a checklist somebody ticks. These are the requirements this group carries.
- Documented legal ownership, and a vehicle able to issue the claim being offered.
- Legal structures commonly used for this group: custodial entitlement, warehouse receipt, direct ownership, trust. Presented as options for counsel to choose between, never applied automatically.
- An independent valuation with a stated methodology and a review cadence, because there is no continuous market price for this group.
- Custody of the physical asset by an identified party, segregated and insured.
- Recurring independent attestation that the backing exists, published on a stated cadence.
- A plan for the only two cashflows: subscription in, and realisation out.
- A compliance policy in force — an offering cannot open without one, because every subscription would otherwise be refused.
Structure a commoditie asset
Launch Studio walks the asset from definition through structure, parties, data room and token configuration, and will not let it reach an offering without what this class requires.