25,000 Copper-Backed Tokens Launched by Metals.io
Photo: TheCoinrise
The platform says each token is tied to real copper holdings, adding a new industrial metal to the growing tokenized commodities market. Metals.io has launched a tokenized copper product, issuing 25,000 tokens tied to physical holdings of the metal. Reports from CryptoBriefing and The Cryptonomist indicate the tokens are backed by 25 tonnes of copper, suggesting a ratio of roughly one kilogram per token. The move places copper alongside gold and silver in the expanding category of tokenized real-world assets.
Source: TheCoinrise
