TS-GMRI™
TS-GMRI™ family — full taxonomy
— live · — methodology slot(s)The TS-GMRI™ family is one coherent taxonomy: shared universe, shared base date 22 June 2026 = 100, shared data-discipline. Members differ only in filter (which constituents) and weighting (how they combine). Members with N ≥ 3 active constituents publish a live value; below the threshold they are registered as methodology slots — rules fixed, value withheld, no invented numbers. The slot board mirrors the 10-section metal taxonomy used across TSM Hub™ navigation (precious, base, battery, bulk-ferrous, critical, ferroalloys, light, minor, refractory, steel) plus one equity-wrapper slot (metal producers) and one cross-cutting slot (by jurisdiction).
Why this page exists
TS-GMRI™ is an index, not a price quote. It tracks the aggregate market capitalisation of the live tokenized-commodities universe relative to a fixed base date (22 June 2026 = 100), so readers can see the category move as one number instead of watching a dozen tickers. The composition, base date and weighting rules are public; the daily maintenance procedure stays proprietary — per the OTSFA™ Rule 4 (methodology public, formulas may be private). For the underlying token-by-token data, follow the source link below the chart.
Composition — today's weights
—| # | Token | Market cap (USD) | Return since base | ||
|---|---|---|---|---|---|
| Loading composition… | |||||
Methodology — public elements
What TS-GMRI™ measures
The aggregate market capitalisation of tokenized physical-metal Real-World-Asset (RWA) tokens, plus on-chain uranium concentrate (XU3O8). Rescaled to a base value of 100 on 22 June 2026.
Universe
Eighteen constituents covering gold (PAXG, XAUT, KAU and others), silver (KAG, XAGM), and uranium³O₈ (XU3O8). Wrapped duplicates (XAUT0), non-metal commodities (VEREM) and sub-million-dollar derivative rStock products are excluded for stability.
Weighting
Headline TS-GMRI™ is market-cap-weighted — the standard for broad commodity and equity indices. A secondary equal-weighted reading (TS-GMRI-EW™) is published as a breadth signal. TS-GMRI-PX™ shows prices alone: issuance and redemption of tokens do not move it. TS-GMRI-PEN™ shows how much metal sits inside tokens compared with the metal’s investment stocks and one year of world mine production, as published by its industry association, with one PEN index per metal (gold, silver; reserved for every other metal).
Data source
Primary data: CoinGecko tokenized-commodities category endpoints. Daily snapshots pulled at 00:00 UTC. No filtering of organic price action; only the constituent universe is fixed.
Cadences
Daily close is the base series. Weekly close = Friday 00:00 UTC. Monthly close = last calendar day. Yearly close = 31 December.
Why it exists
Existing crypto indices either bundle all RWAs together (treasuries, real estate, commodities) or cover single-metal tokens only. TS-GMRI™ is the first published index focused on the metals-RWA segment as a coherent asset class — the segment most directly connected to physical metal markets.
Re-basing rule
If the index value exceeds 1,000 for four consecutive weekly closes, TS-GMRI™ is re-based to a new Series (A → B → C …) at 100. A continuity multiplier is published so the full historical chart remains visible on a single scale. This is a standard chart-continuity technique used across long-running indices. TS-GMRI™ starts as Series A, 22 June 2026 = 100.
What stays proprietary
The maintainer rules — constituent inclusion/exclusion procedure, re-balancing schedule, and corporate-action handling — are proprietary to TrueSource Metals™. The published numbers, composition and methodology principles above are fully transparent.
License & redistribution
Free for non-commercial use with attribution: “TS-GMRI™, TrueSource Metals™” plus link to this page. Commercial use, derivatives or redistribution require written permission — contact [email protected]. See the full Methodology v1.0 with SHA-256 + OpenTimestamps Bitcoin proof of authorship.
Regulatory context
TS-GMRI™ tracks tokens that are issued under specific licences (Singapore MAS PS Act, EU MiCA, US securities laws, UAE VARA and others). Issuing or operating one of these tokens is a regulated activity. See the Compliance Roadmap for a primary-source walk-through of the 6 steps and 17 jurisdictions involved.