Bahrain-Regulated Cripto Exchange enters tokenized golden market

ATME, digital assets exchange licensed by the Central Bank Bahrain (CBB), said On Tuesday, he finished his first tokenized release of real-world assets (RVA) starting with tokens that support gold.

Tokens, are available to accredited investors, each one pound of gold preserved in custody, according to the public announcement. Investors can trade with these digital funds at the secondary ATME market or redeemed them for physical gold. The initiative aims to modernize gold ownership by eliminating storage and transport concerns while using the efficiency and safety block.

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“By combining the timeless gold value with Blockchain technology, we unlock new ways for investors for access and trade in high-value,” said Alek Lola, General Director of ATME.

The exchange said to expand their bids to include other property classes, further integrating blockchain technology into traditional financial systems.

Atmet’s tokenized gold, aligning a wider trend in financial markets in which active active assets, such as goods, bonds and funds are increasingly digitized and traded in blockchain rails, the process is also known as tokenization. The tokenized gold market is worth about $ 1.2 billion, Dominated Paka published Pakg and Stablecoin issuers TheKens Ksaut Tokens, Rva.ksiz data It shows. Global Bank HSBC also introduced The golden token in Hong Kong for retail investors last year, signaling the wider adoption.

Golden Tokens enjoyed a Results in activities Recently as gold prices Lift fresh record highs Driven by the weaker dollar, mounting trade war worries and geopolitical turmoil.