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Metals.io issues tokens backed by 25 tonnes of physical copper stored in Germany

CO
CoinDesk
By Olivier Acuna
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Metals.io issues tokens backed by 25 tonnes of physical copper stored in Germany
Photo / Coverage: CoinDeskCredit: Olivier Acuna
EXECUTIVE SUMMARY

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.

Key Takeaways

  • Metals.io issues tokens backed by 25 tonnes of physical copper stored in Germany.
  • 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.
  • 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.

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.

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