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Metals.io launches copper-backed tokens with $366,000 of metal in Germany

CoinDesk reports that Metals.io has issued tokens backed by physical copper, starting with $366,000 worth of the metal stored in Germany. The company aims to build a market for investors to own and trade physical metal onchain, according to the post.

Why “Unverified”

  • Reported by CoinDesk alone, with no second source or primary confirmation yet

1 independent source group across 1 post · evidence score 60/100. How labels work

What the sources claim

  1. Metals.io issued tokens backed by 25 tonnes of physical copper stored in Germany.

    “Metals.io issues tokens backed by 25 tonnes of physical copper stored in Germany”
    CoinDesk

  2. Metals.io is starting with $366,000 worth of copper stored in Germany.

    “The company is starting with $366,000 worth of copper stored in Germany”
    CoinDesk

  3. Metals.io hopes to build a market for investors to own and trade physical metal onchain.

    “hoping to build a market for investors to own and trade physical metal onchain”
    CoinDesk

Sources

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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-11-02 09:40 UTC. Labels are computed from the sources, not by the model.