Deutsche Börse adds Norilsk Nickel's metal-backed tokens to its listing – Bits Media

Norilsk Nickel global Palladium Palladium Palladium Foundation has placed ETC metals on the Deutsche Börse Stock Exchange and plans their listing on the London Stock Exchange.

According to the press release
GMK "Norkel", Metals secured by digital exchange tools (tokens) The Deutsche Börse German Stock Exchange appeared in the Listing of the German Stock Exchange and will appear on the London Stock Exchange for several days.

Placement was held by the branch of the company, Norkel Global Palladium Fund (GPF), which provides deposits of physical metals - Palladium, platinum, gold and silver - in the tools of etc. Digital assets are released on the ATOMYZE platform, working on the blockchain Hyperledger and the Swiss company Tokentrust AG. As states Norilskell, “Technology allows you to store unchanged goods about the product, Providing an additional level of security ".

According to the Vice President and the head of the sales and commerce of Norilsk Nickel Anton Berlin, placed exchange products have the advantages of commodity derivatives. However, restrictions are not applicable to them, which act regarding investment in metals on the London exchange of metals. He said:

“This tool opens up for investors the possibility of relatively inexpensive ownership of raw materials with low transaction costs”.

As noted by Atomyze CEO Marco Grossy, The company has created a digital ecosystem, which united "interests in the field of finance and industry".

Recall, that in December last year the Global Palladium Fund "Norilsk Nickel" released
On the ATOMYZE platform first tokens, wealthy palladium, Cobalt and copper. Earlier in February, Norilskel began testing
Atomyze Platforms based on Hyperledger and preparation for the release of tokens, secured by metal.