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A Cargo vault holds one real-world asset as receipted, pledged inventory and issues one class of vault shares against it, with its own lots and its own NAV. Any asset that passes the eight collateral tests can get a vault. The first programme, Cargo Vault One, opens with the Genesis Vault: West African Grade 1 cocoa, issued as cvCOCOA.

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Every Vault Share

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The Genesis Vault: cvCOCOA at a Glance

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Vault Lines

A new asset is a new vault with its own lots and NAV. Every new line must pass the same eight collateral tests.

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Supported Networks

Arc

Target home. Circle’s USDC-native chain, mainnet since 16 Sep 2026.

Base

Fallback if Arc’s launch gates are not met.
The live chain and contract addresses are published only on the Contract Addresses page.

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Before You Bid

Complete KYC or KYB and whitelist your wallet. See the Quickstart.
Verify the contract address on the Contract Addresses page and the deposit address by phone, never from a message.
Read the Risk Checklist and the Risk Statement in the data room.
Check today’s NAV, the lots listed for the batch and their reserves.
Vault shares are for eligible non-US professional or institutional investors outside any jurisdiction the vault’s term sheet excludes (the CEMAC region for the Genesis Vault). Parameters can change with 30 days’ notice; your signed agreement and the Rulebook are binding.