Metals.io launches copper-backed tokens with metal stored in Germany
Metals.io has issued tokens backed by 25 tonnes of physical copper held in Germany. The company is starting with $366,000 worth of the metal and hopes to build a market where investors can own and trade real metal onchain. For traders, it is a small test of whether tokenized physical commodities can attract interest alongside crypto.
Why it matters
- Each token is backed by physical copper, not just a price promise.
- The starting backing is $366,000 worth of copper stored in Germany.
- The company wants investors to own and trade physical metal onchain.
What to watch next
Watch whether Metals.io adds more metal to its backing and how much trading activity its copper tokens attract.
