Step 02 — Verification
Verify & value.
A vaulted card only becomes useful once its identity and value are established. Verification turns a slab in a box into an asset the system — and a lender — can actually reason about.
Certification check
The certification number on the slab is checked against the grading company's own record, so the grade on the label is the grade the grader actually issued. Card, set, number and grade all have to line up.
Physical inspection and imaging
The case is inspected for tampering, cracks or label damage, then photographed front and back. Those images are attached to the asset record — the condition it arrived in is documented, not asserted.
Valuation against market data
Value is set from real sales of the same card in the same grade, not an estimate someone typed in. Valuations refresh as the market moves, and the history stays visible in the app so you can see how a card's value has tracked over time.
The vaulted card is minted as an NFT you own
Once verified, the card is represented on-chain as a single NFT held by you. It isn't a copy of the card or a share of a pool — it's the title to that one specific slab sitting in the vault, carrying its cert number, grade and intake images.
What the NFT lets you do
The NFT is what makes a physical card behave like a modern financial asset. Same card, three things you can now do with it — without shipping it anywhere.
Use it as collateral
Pledge it to borrow USDC against its verified value while the card stays in the vault and stays yours.
Trade it in the market
Sell or trade the asset itself. Settlement doesn't wait on shipping, because the slab never has to move — custody simply changes hands.
Redeem the physical card
With nothing owed against it, redeem the NFT and the slab ships back to you — insured and tracked, exactly the card that went in.
One card, one token, always redeemable
Every NFT maps 1:1 to a slab in custody. Redeem it and the token is retired with the card — no second claim on the same asset, no fractional slices of your collection, no way for the same card to back two positions at once.