The tokenomics, in full.
All figures are indicative. Par value is a mathematical derivation, not a promise; allocations and milestones are subject to verification, regulatory review, and market conditions.
Multi-jurisdictional by design.
The token's credibility is the structure itself, layered across regimes. No single jurisdiction is asked to bear the trust load alone, and no claim depends on a single regulator's stamp.
Wyoming DAO
The legal entity issuing RUBY.D. A Wyoming DAO LLC governs token issuance and inter-entity coordination across the structure.
Issuer · GovernanceSpecial Purpose Vehicle
An SPV isolates the asset base from the operating entity. SKRs sit in the SPV; the token references the SPV; risk in one layer does not contaminate the others.
Asset isolationThailand SEC + ICO Portal
Active distribution alignment under the Thailand SEC, with a licensed ICO Portal partner. Compliant Southeast Asia distribution, not retail.
SE Asia · DistributionUS Securities Track
US distribution alignment under Reg A+ / 506(c) is on the formalization track. The structure is built to absorb US compliance once finalised, not to retrofit it later.
US · Pending formalisationThe four regimes operate in parallel. Investors transact through the regime that fits their qualification, not through a single global door.
Distribution
Total supply: 2,000,000,000 RUBY.D. Each row is the role the allocation plays in the structure, not just a number.
Safe Keeping Receipt. The custody instrument that represents each appraised ruby held under institutional-grade custody. The asset-backed tranche references the SKR portfolio; assets are not transferred at issuance.
- RWA Backing (SKR Swap)60%
Tokens pledged against ruby SKRs; integration is conditional on market validation.
1,200,000,000 - Thai SPV Subsidiary10%
Ruby.D Holding Co Ltd (Thailand). Operational expansion, asset sourcing, ecosystem growth.
200,000,000 - Founders12%
Founding team allocation under a governance-approved release schedule.
240,000,000 - SPV Treasury10%
Held in reserve. Released via on-chain governance votes.
200,000,000 - Primary & Secondary Markets8%
Initial float: 40M Pioneer @ $0.25, plus 120M for market integration and listings.
160,000,000 - Total100%
Full supply
2,000,000,000
| Allocation | % of Supply | Tokens | Role |
|---|---|---|---|
| RWA Backing (SKR Swap) | 60% | 1,200,000,000 | Tokens pledged against ruby SKRs; integration is conditional on market validation. |
| Thai SPV Subsidiary | 10% | 200,000,000 | Ruby.D Holding Co Ltd (Thailand). Operational expansion, asset sourcing, ecosystem growth. |
| Founders | 12% | 240,000,000 | Founding team allocation under a governance-approved release schedule. |
| SPV Treasury | 10% | 200,000,000 | Held in reserve. Released via on-chain governance votes. |
| Primary & Secondary Markets | 8% | 160,000,000 | Initial float: 40M Pioneer @ $0.25, plus 120M for market integration and listings. |
| Total | 100% | 2,000,000,000 | Full supply |
The 10% Thai SPV Subsidiary allocation funds Ruby.D Holding Co Ltd, a Thai operating entity inside the SPV structure. Its remit is operational: ecosystem growth, direct asset sourcing from origin, and Southeast Asia market integration. The structure aligns token issuance with direct access to the supply chain, with margin compounding at the asset layer.
Supply breakdown
Two thousand million RUBY.D, split across asset-pledged tranches and strategic operational tranches.
Asset-backed tokens are pledged against the SKR portfolio and bind to the asset layer only after market validation milestones. Strategic tokens (operational subsidiary, founders, SPV treasury, markets) are governed by a release schedule approved on chain. Nothing is unlocked at issuance.
A floor derived, not quoted.
Par value is derived, not quoted, and indicative only. Total appraised Safe Keeping Receipt value divided by the asset-pledged token supply yields the intrinsic floor.
Safe Keeping Receipt value is established through a minimum of two independent appraisals per acquisition, conducted to GIA and IGI certification standards. The portfolio reference may move as acquisitions complete and appraisals refresh.
The $1.36 floor is a mathematical derivation from the indicative SKR portfolio. It is not a price guarantee, a promised return, or an offer to sell securities. Pioneer entry, target rollout, and forward windows are reported separately and are subject to the same indicative discipline.
The premium above par reflects exchange integration, market-making cost, and the liquidity advantage of converting an illiquid physical asset into a 24/7 tradeable token.
Pledged. Validated. Then bound.
Assets are not transferred at issuance. The token references SKRs; binding integration activates after defined market validation milestones. The protective design is the point.
SKRs are pledged, not transferred
Ruby gemstone Safe Keeping Receipts are pledged against the asset-pledged token supply and held under institutional-grade custody frameworks. The token references the SKR portfolio at issuance; the underlying assets are not transferred to the token holder.
Market performance is validated
Defined milestones gate binding. Exchange integration, listing depth, market-making continuity, and price-discovery health are observed across the rollout. The criteria are documented in gated channels and shared with qualified counterparties under NDA.
Binding integration activates
Once milestones are met, the SKR portfolio binds to the asset-pledged tranche through a governance-approved swap. Until then, valuation is market-driven and downside is contained at the structural layer rather than at the asset layer.
SKRs sit in the SPV throughout the validation phase. The asset layer is not exposed to early-rollout volatility or pre-listing pricing.
Price discovery happens against the indicative floor, not against a pre-bound asset. The market sets the premium to par; par sets the math.
Failure at the token layer does not contaminate the asset base. Risk is separated by design across pledge, validation, and integration.
Four years. One trajectory.
Shape only. Specific targets are disclosed through gated channels and remain indicative pending listings, market-making deployment, and regulatory clearance.
Launch
Exchange integration. Market-making deployment.
Appreciation
Expanding liquidity. Broader exchange coverage.
Maturity
Institutional positioning, ecosystem depth.
Yield Framework
An indicative yield framework, exploratory and subject to regulatory approval. No returns implied.
RUBY.D is a Real World Asset security structured through a Wyoming DAO and Special Purpose Vehicle, with active distribution alignment under multiple regulatory frameworks. Nothing on this site constitutes investment advice, a solicitation, or an offer to sell securities. Token economics, exchange listings, and price projections are indicative, forward-looking, and subject to regulatory and market conditions. Pioneer round participation is by invitation only.