#tokenized cobalt

➤ London-based metals.io has launched tokenized cobalt and nickel (xCo, xNi) on its Tezos-based platform, enabling retail investors to access these industrial commodities. ➤ The platform utilizes blockchain smart contracts and a trust structure to bypass traditional warehousing and minimum lot-size requirements. ➤ This initiative aims to meet growing demand for these metals driven by AI and manufacturing growth, broadening market access for buyers and suppliers.

➤ Metals.io, leveraging Tezos blockchain technology, has launched tokenized cobalt (xCo) and nickel (xNi), marking a global first in making these industrial metals accessible to individual investors. ➤ The platform addresses historical barriers such as high minimum lot sizes and complex settlement processes, enabling direct beneficial ownership of physically held metals through a trust structure and smart contracts. ➤ This initiative aims to democratize access to critical minerals essential for the energy transition, electric vehicles, and advanced manufacturing, expanding the offerings beyond existing tokenized uranium and gold.

➤ Metals.io has launched tokenized cobalt and nickel on the Tezos blockchain, creating xCo and xNi tokens backed by physical metal storage. ➤ This initiative aims to provide retail investors with unprecedented access to industrial metals, previously exclusive to large trading houses. ➤ The move signifies a modernization of commodity markets, leveraging blockchain to reduce traditional barriers like warehousing and minimum lot sizes.