ATME, a digital assets exchange licensed by the Central Bank of Bahrain (CBB), has achieved a significant milestone in its mission to transform capital markets.
The company has successfully completed its first issuance of tokenized real-world assets (RWAs), with gold-backed tokens marking a groundbreaking step in the Kingdom’s financial sector.
With the support of the CBB, ATME issued two tokens designed specifically for accredited investors. Each token is backed by one kilogram of gold, offering a modern and secure way to invest in one of the most trusted assets for wealth preservation.
This innovative solution provides investors with the opportunity to hold and trade gold without the complexities of storage and transportation.
The tokens represent gold that is securely held in custody, ensuring both safety and transparency, until their redemption or trade within ATME’s secondary market. This offering combines the timeless value of gold with the transformative potential of blockchain technology, creating a more efficient and accessible method for investors to engage with precious metals.
Alex Lola, Chief Executive Officer of ATME, commented on the landmark achievement, saying, “Today marks a defining moment for ATME as we launch our first tokenized gold issuance. By combining the timeless value of gold with the transformative potential of blockchain technology, we are unlocking new ways for investors to access and trade high-value assets. This achievement highlights our team’s tireless dedication and our collective vision of building. We are excited about the possibilities ahead as we plan to expand our offerings to include more asset classes on our platform.”
ATME’s tokenized gold offering is not just a step forward in digital assets but also reflects the company’s broader commitment to enhancing asset ownership and trading efficiency through blockchain. Supported by robust regulatory compliance, the initiative aligns with the Kingdom’s vision for financial innovation and inclusivity.
As ATME looks toward the future, it plans to expand its asset offerings, further driving efficiency and inclusivity within both local and regional capital markets.
