Bahrain digital asset exchange ATME launches gold-backed token with central bank backing

On March 9, according to News.bitcoin, Bahrain's regulated digital asset exchange ATME has launched gold-backed tokens with the support of the country's central bank. Each token represents one kilogram of gold, providing qualified investors with a safe and modern way to invest in gold without facing the conundrum of physical gold storage. ATME CEO Alex Lola said that combining the stability of gold with blockchain technology will promote financial inclusion in the region.