LME Explores Tokenizing Hong Kong Metal Stocks for Financing

The post LME Explores Tokenizing Hong Kong Metal Stocks for Financing appeared first on Coinpedia Fintech News

The London Metal Exchange (LME) is exploring a new way to help metals companies access loans by turning warehouse stocks into digital tokens. The plan focuses on metals stored in Hong Kong that lack standard trading documents.  Meanwhile, this could let companies access financing without selling their stored inventory. LME Targets Off-Warrant Metal Stocks The …