Compared to the news, the asset tokenization platform Swarm Markets, headquartered in Berlin, plans to issue NFTs backed by gold, which will be stored in the Brink vault in London. After users go through the Know Your Customer (KYC) and Anti-Money Laundering (AML) processes, they will be able to exchange NFTs in a peer-to-peer manner through Swarm’s decentralized over-the-counter (dOTC) platform. According to the company’s website, Swarm has locked a total value of over $14.6 million on its protocol. In addition to gold, the platform also offers tokenized shares of listed companies and US Treasury bonds.
Tags: NFT, Swarm Markets, asset tokenization.
