London Metal Exchange Tokenizes Reserves to Unlock New Financing

According to reports, the institution’s tokenization push involves putting its off-the-books metal reserves, held in warehouses, to work by using them as digital assets to finance its business. The move could position Hong Kong as a next-generation commodities hub. London Metal Exchange Turns To Tokenization To Put Off-Warrant Metal To Work The world’s oldest metal […]

Source: https://news.bitcoin.com/finance/london-metal-exchange-tokenizes-reserves-to-unlock-new-financing/