ATME, a Bahrain-based digital assets exchange licensed by the Central Bank of Bahrain, has launched its first tokenized real-world asset (RWA) issuance with gold-backed tokens, each representing one kilogram of stored gold. Investors can trade these tokens on ATME’s secondary market or redeem them for physical gold. The initiative is designed to modernize gold ownership by alleviating storage and transportation concerns while utilizing blockchain for security and efficiency. The current market for tokenized gold is valued at approximately $1.2 billion, influenced by rising gold prices amid economic uncertainties. ATME plans to broaden its offerings to include additional asset classes, emphasizing a growing trend of digitizing real-world assets in financial markets. This move aligns with other initiatives in the sector, including gold tokens from established entities like HSBC and various stablecoin issuers. Krisztian Sandor reports on the expanding role of blockchain technology in high-value asset operations.

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