Aurbit Reserve tokens (AURB) represent fractional ownership of allocated physical gold.

Token price by stage.

Token price increases with each offering stage. Earlier participants take on the earliest risk and are priced accordingly; as gold-acquisition milestones are met and more of the reserve becomes verified and allocated on-chain, each subsequent stage's price reflects that growing, audited backing rather than speculation. By Hard Cap, the price reflects a reserve that is substantially built out and independently confirmed.