London Metal Exchange explores tokenizing off-warrant metal to boost revenue
Photo: Crypto Briefing
The exchange is studying how digital tokens could represent metal in Hong Kong warehouses, with a pilot planned for 2027 The London Metal Exchange is looking at putting metal on a blockchain. Specifically, it is exploring the tokenization of off-warrant metal held in Hong Kong warehouses, with the goal of supporting financing and opening up a fresh revenue stream. The idea was outlined by LME executive Hugo Brodie at the Tokenised Markets and Money Conference on October 23, 2026. According to the research findings, the exchange plans to pilot its tokenization efforts in 2027. Nothing is live yet.
Source: Crypto Briefing
