Metals.io issues tokens backed by 25 tonnes of physical copper stored in Germany
Summary
Metals.io is launching digital tokens supported by physical copper stored in secure facilities in Germany. This initiative aims to establish a blockchain-based market that allows investors to easily buy, sell, and hold real-world metal assets.
The company is starting with $366,000 worth of copper stored in Germany, hoping to build a market for investors to own and trade physical metal onchain.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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