London Metal Exchange examines Hong Kong metals tokenisation

The London Metal Exchange is exploring plans to convert metal inventories held in Hong Kong warehouses into digital assets that businesses could use to secure financing, as the city develops its commodities trading infrastructure. The exchange confirmed that its proposal remains at an exploratory stage and focuses on off-warrant metal, a category of warehouse inventory not covered by the standard title documents used in its established trading […] The article London Metal Exchange examines Hong Kong metals tokenisation appeared first on Arabian Post.