NaCN Market Infrastructurev2026.1

Titanum.

NaCN market infrastructure for indexed, backed, and verifiable commodity finance.

Titanum connects NaCN market data, gold-parity index logic, NRT / NFAU digital issuance, proof-of-reserves, and regulated settlement architecture into one institutional platform.

NaCN.IDX1,284.62+0.42%
AU.PAR0.97184+0.11%
NRT-S.LOT8,412t+126t
PoR.COV100.00%VERIFIED
NFAU.GHAPILOTPHASE II
NaCN.IDX1,284.62+0.42%
AU.PAR0.97184+0.11%
NRT-S.LOT8,412t+126t
PoR.COV100.00%VERIFIED
NFAU.GHAPILOTPHASE II
SEC 01NaCN as the Core

A critical reagent becomes market infrastructure.

NaCN is a small cost item in gold mining, but a critical input. Supply reliability, declining ore grades, gold economics, and emerging sodium-ion battery demand create the need for transparent pricing, verified supply, and disciplined settlement.

01 / 2026 reference market
1.3 Mt
Current NaCN demand base used in the proposal model.
02 / 2035 demand case
5.0 Mt
Gold mining, sodium-ion batteries, and other industrial demand.
03 / New capacity cycle
7-10 years
Development and permitting period for material NaCN capacity.
04 / Ghana / NFAU pilot
127 t/y
GoldBod ASM benchmark for a verifiable gold-backed perimeter.
SEC 02Gold-Parity Index

A benchmark linked to gold economics.

The index is the strategic core of the page: a transparent pricing model that links NaCN to base chemical cost, gold economics, verified market data, logistics, storage, risk, seasonality, and ESG inputs.

NACN.IDX / METHODOLOGY ENGINEInteractive model
Formula
XAU/USD: loading
PNaCN=C0 x CI x FX+ betaeff x QAu x (PAu,current - PAu,base) / QNaCN+ Tship+ Trisk+ Tstor+ Tseason+ Tcarbon

beta_eff is applied as a decimal fraction in the calculation. The landing page displays it as percent: 4.4% is calculated as 0.044.

C0
$3,100 / t
Base NaCN chemical cost
beta_eff
4.4%
Target 12k operating band
P_Au,base
$2,386.20 / oz
Gold reference baseline
Q_Au
117.7M oz / y
Annual gold reference volume
Q_NaCN
1.24M t / y
Annual NaCN reference volume
Current modeled index
$12,227
USD per metric tonne
Gold input$4,571 / oz
Using $4,571 fallback until live XAU/USD is available.
Base cost$3,100
Gold-parity contribution$9,127
Operational surcharges$0
Sensitivity map
Gold spot to NaCN index dependency
$12,227USD / t
$3,000$11,000$19,0002,5003,5004,5005,5006,000XAU spot, USD / oz
3.2% lower band
3.8% base band
4.4% selected beta
Contribution waterfall
What moves the NaCN index
total / $12,227 per tonne
Base chemical cost
C0 x CI x FX
$3,100
Gold-parity contribution
beta_eff x gold margin
$9,127
Shipping and logistics
T_ship
$0
Regulatory / supply risk
T_risk
$0
Storage and custody
T_stor
$0
Seasonality
T_season
$0
Carbon / ESG
T_carbon
$0
Method / disclosed
Data / verified feeds
Audit / independent
SEC 03NRT / NFAU Architecture

From physical commodity flow to digital financial architecture.

Four engineered layers. Each one inherits the integrity of the one below it.

L1
NRT-F

Forward layer

Forward reservation and prepayment for future NaCN delivery. Producers and consumers lock supply, pricing, and timing under disciplined contractual terms.

L2
NRT-S

Spot-backed layer

Physically backed digital right linked 1:1 to confirmed warehouse NaCN lots. Each unit corresponds to verified custody, quality, and redemption rules.

L3
wNRT

Wrapped market layer

Wrapped market layer for broader liquidity, supported by lock/unlock rules, oracles, and arbitrage with the spot-backed base.

L4
NFAU

Gold-linked settlement

A practical gold-linked settlement and backing perimeter, including the Ghana pilot logic - bridging physical commodity flow into digital financial architecture.

SEC 04Proof of Reserves

Trust is confirmed before issuance.

A physical NaCN lot becomes a digital right only after custody, insurance, legal status, quality, audit, Cyanide Code supply controls, and redemption rules are confirmed.

01
Warehouse Lot
02
Custodian
03
Insurance
04
Audit
05
Oracle
06
Smart Contract
07
Disclosure
01 / Coverage
1 : 1
Backed perimeter integrity
02 / Verification
Continuous
Oracle-attested reserves
03 / Disclosure
Public
Independent audit reports
SEC 05Platform Perimeter

The digital layer above industrial infrastructure.

The Titanum perimeter is engineered to host institutional-grade NaCN finance: methodology, registry, custody, oracles, and venue connectivity in one architecture.

M01
NaCN index methodology
M02
Transaction registry
M03
Digital issuance
M04
Redemption and settlement
M05
KYC / AML / KYB + Cyanide Code controls
M06
Custody and audit
M07
Oracle feeds
M08
Proof-of-reserves
M09
OTC / RFQ connectivity
M10
Future trading venue integration
SEC 06Ghana / NFAU Pilot

A practical perimeter for gold, accounting, and digital backing.

A live operating template: disciplined, auditable, and replicable.

01
STEP 01 / GHA-NFAU

Registration and license

Formal entry into the regulated perimeter.

02
STEP 02 / GHA-NFAU

Controlled access to NaCN

Reagent supplied under custody and audit.

03
STEP 03 / GHA-NFAU

Extraction and accounting

Documented gold production with full traceability.

04
STEP 04 / GHA-NFAU

Official gold buyback

Buyback executed through approved channels.

05
STEP 05 / GHA-NFAU

NFAU issuance

Gold-linked digital backing issued against verified flow.

SEC 07Roadmap

From pilot infrastructure to global NaCN market architecture.

2026
PH1 / Foundation
  • Legal framework
  • Index methodology
  • Tokenization architecture
  • Custody and audit design
  • Oracle design
2027
PH2 / Pilot
  • Digital issuance readiness
  • Ghana / NFAU pilot
  • Verified backing perimeter
2028
PH3 / Scale
  • Secondary liquidity
  • Market-making operations
  • Venue connectivity
  • Global scaling
SEC 08 / Access

Enter the Titanum
platform.

Access the infrastructure layer for NaCN index logic, NRT / NFAU backed issuance, proof-of-reserves, and market connectivity.