CPERr, issued by Step Labs LLC, is a tokenized commodity token providing onchain economic exposure to copper that the issuer expressly states is not itself the underlying asset and grants no ownership rights [S1][S2].

Holders receive economic exposure tracking the price of copper, referenced against the London Metal Exchange (LME) Copper Price, with the position marketed as backed 1:1 by the underlying held through a regulated custodian [S3][S4]. The issuer notes the onchain price may diverge from the traditional reference price and that arbitrage helps realign the two [S3]. Remora Markets markets trading with no commissions [S1].

Step Labs LLC, trading as Remora Markets, is a Cook Islands company (Registration Number LLC15405/2024) whose terms are governed by the laws of the Cook Islands [S5][S4]. The issuer states it is in the process of seeking regulatory authorization and licensing, and that tokens are not stocks and convey no ownership or rights to underlying assets [S2]. Offerings are not directed at U.S. persons or sanctioned or prohibited jurisdictions, and access is limited to persons aged 18 or older verified through iDenfy UAB [S2][S1][S4]. Alpaca Securities LLC acts as paying agent upon a Realization Event [S4].

Tokens are issued as SPL tokens on Solana, composable across Solana decentralized finance [S1]. Step Labs LLC tokenizes the asset, Alpaca Securities LLC serves as custodian and broker for the underlying, and Alpaca Crypto LLC handles conversion between USD Coin (USDC) and U.S. dollars (USD) for minting and burning [S4][S1].

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    { id: "S1", url: "https://remoramarkets.xyz/" },
    { id: "S2", url: "https://remoramarkets.xyz/legal-documentation/disclaimer" },
    { id: "S3", url: "https://remoramarkets.xyz/legal-documentation/privacy-policy" },
    { id: "S4", url: "https://remoramarkets.xyz/legal-documentation/service-providers" },
    { id: "S5", url: "https://remoramarkets.xyz/legal-documentation/terms-of-use" },
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Tokenized commodities

Remora Markets operates by tokenizing traditional stocks into blockchain-based assets that can be traded on Solana, providing continuous market access beyond traditional trading hours. The platform leverages smart contracts for instant settlement and integrates with existing DeFi protocols to enable seamless portfolio diversification and global accessibility without geographic restrictions.

The platform enables global investors to trade tokenized versions of major public companies like Tesla, Nvidia, and SPY through blockchain technology. It offers 24/7 trading capabilities, fractional ownership, instant settlement, and commission-free transactions for traditional equities in a decentralized environment integrated with Solana's DeFi ecosystem.

Remora Markets is a decentralized financial platform that provides tokenized stock trading infrastructure on the Solana blockchain.

Copper rStockCPERr

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