Finomet Gmbh

What Finomet Gmbh does

Finomet GmbH is a Berlin-based German fintech founded in 2024 that operates a blockchain-secured platform for registering, trading, and tracking tangible assets in precious metals, technology metals, and rare earths. The platform is built on the Gnosis blockchain (an Ethereum-based EVM chain) and produces tamper-proof documentation that records not only transactions but also the physical presence of stored goods in partner warehouses. Core product modules include a Digital Control of Use of Funds (Mittelverwendungskontrolle), a Börsenplatz digital marketplace for technology metals, a real-time Preis-Index (price index) producing binding spot prices, end-to-end Lieferkettentransparenz (supply chain transparency) from mine to finished bar, and a Konfliktfreie Rohstoffe (conflict-free raw materials) module with ESG compliance scoring under development. Customized web applications are provided to each participant type — customers, brokers, initiators, dealers, and warehouses — supporting a horizontal segmentation strategy across both institutional market participants and individual capital investors in metals.

The company monetizes through two revenue streams: transaction fees on metals trading executed via the platform marketplace, and recurring SaaS-style fees for access to its tailored web applications and the underlying asset registry. Pricing is not publicly disclosed. Customer-side custody is provided through a BaFin-supervised crypto custody partner operating under Section 64y KWG with FIPS 140-2 HSM wallet security, and transactions are protected via immutable smart contracts and double-sign procedures. A strategic partnership with C.Hafner anchors conflict-free and recycled-material gold sourcing into the platform's ESG proposition. The company is privately held by its two managing partners (Torsten Rössing and Andreas Kroll-Pietsch), has disclosed no external funding rounds, and currently markets itself primarily through its German/English website and social channels (LinkedIn, YouTube, Facebook). The stated customer base exceeds 1,000 institutional and individual users, although no revenue figures, headcount, or transaction volume have been disclosed.

Name

Finomet Gmbh

Legal name

Finomet GmbH

Website

https://finomet.de

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

11–50 employees

Short description

Finomet GmbH is a Berlin-based fintech founded in 2024 that runs a Gnosis-blockchain-based platform for registering, trading, and tracking precious metals, technology metals, and rare earths, serving institutional traders, brokers, dealers, warehouses, and capital investors.

Ownership category

akta.pro rank

Product category

Blockchain-based Commodities Trading Platform

NAICS

Securities and Commodity Exchanges (52321), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)

akta.pro primary industry

Tokenization, Network Vaults & Credential Management (FSAGABAF)

akta.pro secondary industries

Blockchain Data & Indexing Infrastructure for Finance (Nodes, Indexers, Oracles) (FSAGAMAL), Tokenized Collateral & On-Chain Credit Infrastructure (Collateral Mgmt, Liquidations) (FSAGAMAK)

Keywords

• Blockchain commodities trading
• Digital asset register
• Supply chain transparency
• Precious metals marketplace
• Technology metals trading

Headquarters

HQ city

Berlin

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Operations, Personnel, Infrastructure, Marketing or Sales, Others

Revenue model

1. Platform Transaction Fees: The platform facilitates trading of technology metals, rare earth metals, and precious metals, generating revenue through transaction-based fees on the digital marketplace for metals.
2. SaaS Platform Access: Tailored web applications ('apps') provided to customers, brokers, initiators, dealers, and warehouses with customized views for managing purchasing, trading, and storage operations.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Finomet operates a blockchain-secured platform built on the Gnosis blockchain that digitally maps business processes from acquisition, transfer, and storage of precious metals, technology metals, and rare earths. It provides tamper-proof documentation, a digital marketplace (Börsenplatz) for trading metals, a real-time price index, supply chain tracking, conflict-free raw material sourcing, and digital control of use of funds for capital investors. The platform serves institutional market participants including customers, brokers, initiators, dealers, and warehouses, each with a tailored web application view.

Product overview

Finomet offers a unified platform for digital commodity trading and transparency in the precious metals, technology metals, and rare earths sector. The core platform provides blockchain-secured tangible asset registration, which is supported by five main product modules: Digitale Mittelverwendungskontrolle for decentralized fund usage documentation, Börsenplatz for digital metal trading, Preis-Index for real-time spot pricing, Lieferkettentransparenz for end-to-end supply chain tracking, and Konfliktfreie Rohstoffe for conflict-free sourcing verification. The platform also provides tailored web applications (apps) for different user roles including customers, brokers, initiators, dealers, and warehouses.

Differentiator

Problem solved

Functional benefit

Products and services

• Finomet Platform Unified blockchain-secured tangible asset register built on Gnosis that digitally maps business processes from acquisition, transfer, and storage of precious metals, technology metals, and rare earths, providing tamper-proof and transparent documentation for institutional market participants.
• Digitale Mittelverwendungskontrolle (Digital Control of Use of Funds) Documents all investment steps decentrally on the blockchain, minimizes errors, and ensures stored metals are clearly assigned and available in sufficient quantities, serving as a forgery-proof storage report for capital investors in precious and technology metals.
• Börsenplatz (Stock Exchange for Technology Metals) Digital marketplace for technology metals that enables direct exchange between producers and consumers, providing efficient trading, transparency, and global reach for precious metals, technology metals, and rare earths.
• Preis-Index (Price Index) Real-time price index generating binding and comprehensible purchase prices (spot prices) based on volume-weighted average wholesale prices, promoting comprehensive price transparency in metal trading.
• Lieferkettentransparenz (Supply Chain Transparency) Digitally maps the entire supply chain from mine to finished bar, with specially developed apps for initiators, warehouses, and retailers to manage and document processes efficiently, ensuring fair and environmentally friendly conditions.
• Konfliktfreie Rohstoffe (Conflict-Free Raw Materials) Partnership-led offering with C.Hafner ensuring gold and other metals are mined to the highest ethical standards, including the world's first gold bar made from 100% recycled material, with ESG compliance scoring under development.

Quantifiable outcome

• 1,000+ customers rely on Finomet for their investments in precious and technology metals
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• C.HafnercoreStrategic or Co-development PartnerFinomet has established a strategic partnership with C.Hafner, a pioneer in sustainable precious metal mining. Together they ensure that gold and other metals are mined to the highest ethical standards. C.Hafner has developed conflict-free gold and the world's first gold bar made from 100% recycled material, aligning with Finomet's sustainability and transparency goals.

Scale indicators1 record

Recent moves6 records

Expansion highlights6 records

Direct peers

• BullionVault: BullionVault runs a digital marketplace for allocated physical gold, silver, platinum, and palladium stored in professional vaults. Comparable to Finomet's Börsenplatz and storage-verification modules, though without blockchain anchoring.
• TradeIX (Marco Polo Network): TradeIX operates the Marco Polo blockchain network for trade and commodity finance, providing documented, transparent supply-chain workflows very similar to Finomet's Lieferkettentransparenz and Mittelverwendungskontrolle modules. Both target institutional participants seeking tamper-proof trade documentation.
• Komgo: Komgo is a blockchain-based trade finance platform used by commodity traders, banks, and inspection companies for documented trade workflows. It overlaps directly with Finomet's exchange, custody verification, and supply-chain tracking offerings for institutional commodity participants.
• VAKT: VAKT provides a blockchain-based post-trade processing platform for physical commodities (initially energy, expanding to metals). Comparable to Finomet in digitizing commodity trading workflows and providing tamper-proof transaction records for institutional counterparties.
• Goldmoney: Goldmoney offers digital precious-metals trading, storage, and redemption services with audit-attested allocated holdings. Highly comparable to Finomet's precious-metals trading, custody verification, and use-of-funds documentation for retail and institutional investors.
• essDOCS (CargoDocs): essDOCS provides electronic bills of lading and other trade documents on blockchain infrastructure. Comparable to Finomet's supply-chain tracking and tamper-proof documentation value proposition for cross-border commodity flows.

Broad incumbents

• Circle (USDC / Tokenized Treasuries): Circle operates regulated digital-asset infrastructure including tokenized money and treasury products. Although broader than Finomet, it competes in the regulated tokenization and on-chain asset infrastructure space relevant to Finomet's tokenized commodity architecture.
• TradeStation / LME (London Metal Exchange): The LME is the dominant global exchange for industrial and precious metals pricing. It is the incumbent whose spot-price authority Finomet's Preis-Index would need to challenge, making it the principal competitive benchmark for the Börsenplatz module.
• CoinShares: CoinShares is a European-regulated digital asset investment firm offering ETPs and asset-management products across crypto and physical-backed assets. It is comparable as a European regulated digital-asset platform with potential overlap on tokenized precious-metal exposure.

Emerging players

• Kinesis Money: Kinesis issues digital currencies backed by allocated physical gold and silver held in audited vaults. It overlaps with Finomet on tokenized precious-metal ownership and audit-proof reserve claims, but focuses more on retail/payment use cases.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

• YouTubeyoutube.com/channel/UCsHX6pA9GYEXbFBdpN1a2uQ
• Facebookm.facebook.com/finomet
• LinkedInlinkedin.com/company/finomet

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Finomet Gmbh