In a landmark move for the tokenization of real-world assets (RWAs), Bahrain-based ATME Exchange has completed its first issuance of gold-backed tokens, offering a blockchain-powered alternative to traditional gold investment.
The Central Bank of Bahrain (CBB)-licensed digital assets exchange announced that each token represents one kilogram of gold securely stored in custody. Accredited investors can trade these tokens on ATME’s secondary market or choose to redeem them for physical gold.
This initiative is part of a broader shift toward digital ownership of tangible assets, modernizing how investors access and manage high-value commodities.
“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 Alex Lola, CEO of ATME.
Tokenized commodities, particularly gold-backed digital assets, are seeing increased interest as investors seek safe-haven assets in an uncertain global economy. The market for tokenized gold is currently valued at $1.2 billion, led by:
✅ PAXG (Paxos Gold)
✅ XAUT (Tether Gold)
Even HSBC introduced a gold token in Hong Kong last year, signaling growing institutional adoption.
The rise in tokenized gold adoption coincides with record-high gold prices, fueled by:
📉 A weakening U.S. dollar
⚠️ Trade war concerns
🌍 Geopolitical instability
ATME’s initiative reflects a larger trend in financial markets, where commodities, bonds, and investment funds are being increasingly digitized. Tokenization streamlines ownership, eliminates storage risks, and allows for efficient trading of traditionally illiquid assets.
The exchange plans to expand its offerings beyond gold, integrating blockchain solutions into traditional finance.
With global institutions embracing RWAs, this could mark a turning point for asset tokenization in the Middle East and beyond.