Metals.io has started issuing tokens backed by physical copper stored in Germany, with the initial batch tied to about 25 tonnes of metal worth roughly $366,000. The company said the launch is aimed at building a market where investors can own and trade physical metal onchain. The offering centers on tokenized exposure to copper rather than a synthetic product, with the underlying inventory held in Germany. The move places Metals.io in the growing segment of blockchain-based products linked to real-world assets, though the company’s stated focus in this case is specifically on creating an onchain market for physical metal ownership and trading.
Metals.io has begun issuing tokens backed by physical copper stored in Germany, starting with about 25 tonnes of copper worth roughly $366,000.
The company said it wants to build a market where investors can own and trade physical metal onchain.
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