Blockchain
Metals.io issues tokens backed by 25 tonnes of physical copper stored in Germany
Publication: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Author: Olivier Acuna
Source published: 02/11/2026, 09:33:20 UTC
Briefing created: 02/11/2026, 09:42:13 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 02/11/2026, 09:40:24 UTC.
Briefings
Metals.io launched a pilot program in November 2026, deploying $366,000 worth of physical copper stored in Germany to create a market for onchain ownership and trading of physical metal assets. The initiative aims to bridge the gap between digital tokens and tangible commodities, though the specific operational mechanics and long-term scalability remain untested.
Key points
- Metals.io deployed $366,000 of physical copper stored in Germany as its initial capital for a pilot program.
- The program was launched in November 2026 to establish a market for investors to trade physical metal onchain.
Context
This initiative represents a significant shift in cryptocurrency infrastructure, moving beyond digital assets to include physical commodities. By utilizing existing copper reserves in Germany, the project demonstrates a practical approach to integrating real-world assets into blockchain ecosystems, potentially addressing volatility and trust issues inherent in purely digital tokens.
Limitations
The evidence is limited to the initial deployment of $366,000 in copper from Germany. Operational details, such as the specific trading mechanics, regulatory compliance, and long-term scalability, are not provided. The pilot phase does not confirm the project's viability or the stability of the onchain market.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 02/11/2026, 09:42:13 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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