For centuries, precious metals have been used for trade and as a store of value. Gold, in particular, along with the currencies backed by it, played a crucial role in establishing intercontinental markets and overcoming the inefficiencies of a barter economy. Over time, gold has become a symbol of enduring value, capable of withstanding the inflationary pressures of fiat currencies, cultural shifts in consumer preferences, and even the political instability of rising and falling empires.
Why tokenize precious metals?
The tokenization of precious metals makes a return to hard currency possible.
The tokenization of precious metals unlocks efficiencies that traditional markets lack.
Currently, tokenized gold products account for only 0.46% of the total value of the tokenized precious metals market. This proportion is surprisingly low compared to traditional markets. In the future, the tokenization of other precious metals, including silver, platinum, copper, and palladium, is expected to increase.
