Metals.io just put 25 tonnes of physical copper onchain as tradable xCu tokens.
On November 2, 2026, Metals.io launched 25,000 copper tokens (xCu), each backed by one kilogram of refined copper stored in Hamburg, Germany — about $366,000 for the first batch. Holders own real cathodes, not futures or unmined ore, and can trade around the clock with no minimum size; physical redemption starts at 125 kilograms after ID checks. Archax acts as trustee to match supply with metal in storage.
The Tezos-linked Metals.io platform already lists uranium (~$9.2M), gold (~$4.1M), nickel, cobalt and rare earths; copper’s debut already tops its smaller metal products. Demand for copper is rising with power grids, EVs and AI data centers, and the team says it wants to scale into the millions if investors show up.
#RWA #Copper #Tokenization
DYOR. Not financial advice.
On November 2, 2026, Metals.io launched 25,000 copper tokens (xCu), each backed by one kilogram of refined copper stored in Hamburg, Germany — about $366,000 for the first batch. Holders own real cathodes, not futures or unmined ore, and can trade around the clock with no minimum size; physical redemption starts at 125 kilograms after ID checks. Archax acts as trustee to match supply with metal in storage.
The Tezos-linked Metals.io platform already lists uranium (~$9.2M), gold (~$4.1M), nickel, cobalt and rare earths; copper’s debut already tops its smaller metal products. Demand for copper is rising with power grids, EVs and AI data centers, and the team says it wants to scale into the millions if investors show up.
#RWA #Copper #Tokenization
DYOR. Not financial advice.
