Every metal listed on VaultRunner is held at a COMEX-approved, fully insured depository. Ownership transfers happen at the vault. The metal never moves during a transaction.
COMEX-approved depositories meet the highest standards in the precious metals industry. These are the facilities that major exchanges and institutional investors trust with physical metal custody.
All metals in the depository network are covered by comprehensive insurance policies. Coverage applies to theft, natural disaster, and physical damage while in vault storage.
COMEX-approved facilities undergo regular independent audits verifying that physical metal inventories match recorded holdings. Audit results are reported to the exchange.
Class III vault facilities with 24/7 surveillance, biometric access controls, seismic monitoring, and armed security. The same infrastructure protecting exchange-traded inventories.
Every item entering the depository is weighed, assayed if required, and authenticated before being assigned to an account. Verified items receive an authentication record tied to the vault holdings.
Account holders can choose segregated storage where their specific items are stored separately and identified by serial number, or allocated storage in pooled inventory.
COMEX-approved depositories operate under the compliance framework of CME Group, meeting requirements for reporting, record-keeping, and operational transparency.
When a transaction completes on VaultRunner, the depository re-titles the metal from the seller's vault account to the buyer's vault account. The physical metal does not move. This eliminates shipping costs, transit risk, and delivery wait times.
The independent escrow service confirms that buyer funds are secured. VaultRunner notifies the seller and initiates the transfer instruction.
The depository transfers ownership on its books from the seller's account to the buyer's account. The metal remains in the same vault, in the same location.
The buyer confirms the vault transfer is reflected in their depository account. Escrow releases payment to the seller. Transaction complete.
VaultRunner is launching soon. Join the beta to get early access to the first peer-to-peer marketplace for vaulted precious metals.