RARE is a single token backed by a diversified basket of five critical strategic metals: hafnium (jet-engine superalloys), rhenium (turbine blades), indium (touchscreens and semiconductors), and neodymium and praseodymium oxides (permanent magnets in EVs and wind turbines). These markets have no retail access at all: no ETF, no futures a person can practically hold. The basket is custodied through the Metals.io trust structure and settles on Etherlink.
Hafnium, rhenium, indium, neodymium and praseodymium: one token.
Prism analyst note
RARE is the only way to hold hafnium, rhenium, indium, neodymium and praseodymium without being a defense contractor's procurement desk. One token is a claim on a fixed basket of all five, custodied off-chain and quoted live on Etherlink (~$302 at verification). It is a frontier float (525 units, 44 holders) priced against opaque specialist markets, so treat the quote as the market, not a NAV.
Generated from issuer disclosures and reviewed against the sources listed below. Not investment advice.
Structure & compliance
- Underlying
- A fixed-weight basket of hafnium, rhenium, indium, neodymium oxide and praseodymium oxide.
- Legal structure
- Token = beneficial ownership of a fixed metals basket held in trust
- Jurisdiction
- United Kingdom / EU (storage)
- Custodian
- Metals.io trust structure; certified storage
- Administrator
- Metals.io
- Reserve information
- 525 basket units on-chain at verification. The five metals are priced against specialist assessments rather than exchange ticks, so the token's live quote is the practical price discovery.
- Transfer restrictions
- Freely transferable ERC-20 on Etherlink. Primary issuance and redemption are KYC-gated with the issuer.
- Investor eligibility
- Open / permissionless
- KYC required
- No, permissionless transfers
- Launched
Reserve verification
Contracts & on-chain data
Addresses shown only where independently confirmed against explorers and issuer documentation. Holder and transfer analytics are available via the linked explorers. 44+
Documents & disclosures
Frequently asked
Why these five metals?+
They sit at the choke points of jet engines, semiconductors and permanent magnets: markets with structural demand and no retail investment product until now.
Is the basket rebalanced?+
No. It is a fixed physical allocation. The token tracks the basket's value, not an index that trades in and out.
How risky is this?+
Genuinely frontier: small float, specialist pricing, issuer-dependent custody. Size positions accordingly.




