Update
LME Explores Metal Tokenization for Hong Kong Inventory Loans
The London Metal Exchange (LME) is exploring the tokenization of metals stored in Hong Kong to help companies secure loans against off-warrant stocks, including copper and aluminium. The proposal aims to attract financiers and other market participants and follows Hong Kong's economic blueprint that supports developing the city as a commodity hub. The LME will consult stakeholders as it develops the proposal.