
ATME, a Bahrain-based digital assets exchange regulated by the Central Bank of Bahrain (CBB), has successfully launched its first tokenized real-world asset (RWA), starting with gold-backed tokens. This move comes as the demand for tokenized commodities grows, with gold prices recently hitting record highs.
Gold-Backed Tokens: A New Era for Precious Metals Trading
Each ATME gold-backed token represents one kilogram of gold, securely held in custody. Investors have the flexibility to:
1. Trade these digital tokens on ATME’s secondary market.
2. Redeem them for physical gold, offering real-world value.
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By integrating blockchain technology, ATME aims to eliminate traditional barriers to gold ownership, such as storage and transportation challenges, while enhancing efficiency, security, and accessibility.
“By combining the timeless value of gold with blockchain technology, we are unlocking new ways for investors to access and trade high-value assets,” said Alex Lola, CEO of ATME.
Expanding Beyond Gold: ATME’s Tokenization Vision
ATME plans to broaden its tokenized asset offerings beyond gold, leveraging blockchain to modernize the trading of traditional financial instruments. This aligns with the growing global trend of real-world asset (RWA) tokenization, where commodities, bonds, and investment funds are increasingly digitized.
Tokenized Gold Market Sees Renewed Interest
The tokenized gold sector is currently valued at around $1.2 billion, with major players including Paxos’ PAXG and Tether’s XAUT, according to RWA data platform rwa.xyz. HSBC also recently launched a gold-backed token for retail investors in Hong Kong, signaling broader institutional adoption.
The surge in gold-backed token activity coincides with:
📈 Record-high gold prices driven by economic uncertainty.
🌍 Geopolitical tensions fueling safe-haven demand.
💰 A weaker U.S. dollar, making gold more attractive to global investors.
With blockchain-powered gold trading gaining momentum, ATME’s entry into the market underscores the increasing convergence between traditional finance and digital asset innovation.