ATME Launches Tokenized Gold Amid Rising Interest in Digital Assets

ATME, a Bahrain-licensed digital asset exchange, has completed its first real-world asset (RWA) tokenization with gold-backed tokens. Each token represents one kilogram of gold securely stored in custody, offering accredited investors a seamless way to trade or redeem for physical gold.

The initiative leverages blockchain to modernize gold ownership by removing storage and transport concerns. ATME’s secondary market enables trading, enhancing liquidity and accessibility for investors. "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 ATME CEO Alex Lola.

Gold tokenization is gaining traction, with the market valued at approximately $1.2 billion. Leading players include Paxos’ PAXG and Tether’s XAUT, according to rwa.xyz. HSBC also introduced a gold-backed token in Hong Kong last year, highlighting growing institutional adoption.

Rising gold prices, fueled by a weaker dollar and geopolitical tensions, have boosted demand for gold-backed digital assets. ATME aims to expand its offerings, integrating blockchain with traditional finance to tokenize commodities, bonds, and funds.

With the increasing adoption of tokenized assets, ATME's gold-backed tokens position the exchange at the forefront of the evolving digital asset market.