Bahrain’s ATME, a regulated digital asset exchange, has launched gold-backed tokens, a first in the Kingdom, with the Central Bank of Bahrain’s support. These tokens, each representing one kilogram of gold, offer accredited investors a secure and modern way to invest in gold without the challenges of physical storage. ATME’s CEO, Alex Lola, highlights this as a significant step, combining gold’s stability with blockchain technology, and plans to expand the platform to include other asset classes, fostering financial inclusivity in the region.
