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GREENWICH, Conn. – September 28, 2021 – ( Newswire.com )
The gap between sought-after metals, other commodities and a wide band of investment managers is about to be closed by the U.S. tokenization platform Atomyze. The announcement, along with an optimistic forecast of strong market demand for tokenized nickel, palladium, platinum, copper, and other metals, was made on-air with Bloomberg News live at the Greenwich Economic Forum 2021 in Connecticut.
Jeanine Hightower-Sellitto, Atomyze LLC CEO, commented: “The demand for the types of commodities that we are bringing to market is tremendous. Atomyze is building a tokenization platform, as well as a marketplace, for investing in commodities, including palladium, platinum, copper, nickel, and other types of commodities that will be based on blockchain, which enables us to carry metadata into the tokens. So, not only do you get direct titled ownership to specific inventory of metal, but you also get to track and trace where the metal came from, how it was produced, and many of the ESG components that investors are all seeking today.”
Atomyze is preparing its tokenization platform and commodities marketplace for launch in the U.S. later this year. Atomyze is based on a proprietary, permissioned, digital platform, utilizing distributed ledger technology, and built on Hyperledger Fabric, an open-source framework developed with the participation of IBM. Atomyze’s mission is to modernize commodities trading and investment, improve the management of supply chain contracts, and create real access and liquidity for all market participants, expanding the ecosystem.
“Our platform will create liquidity for the entire industry in an unprecedented way because our products are attractive not only to funds and other institutional investors but also to small and medium-size investors, who have no real way to access any of these metals on the market today.” – Atomyze LLC CEO, Jeanine Hightower-Sellitto commented further.
Atomyze LLC is part of a global eco-system of Atomyze platforms, backed by a group of international investors, which includes the Global Palladium Fund, established by Nornickel, a Russian mining giant headed by Vladimir Potanin. Earlier this year, Nornickel announced its plans to tokenize 10 percent of its output this year and to tokenize its output entirely in the coming years.
For more info, visit: atomyze.us
Press Release Service by Newswire.com