🇬🇧🇭🇰 The London Metal Exchange plans to tokenize real-world assets
The world’s largest industrial metals trading venue, the LME, is exploring the possibility of issuing digital tokens backed by metals stored in warehouses in Hong Kong.
These assets could be used as collateral to secure loans. The project is still in development. In November, the exchange will discuss it with market participants.
#RWA
The world’s largest industrial metals trading venue, the LME, is exploring the possibility of issuing digital tokens backed by metals stored in warehouses in Hong Kong.
These assets could be used as collateral to secure loans. The project is still in development. In November, the exchange will discuss it with market participants.
#RWA
