RWA Platform Swarm Markets to Offer Tokenized Gold via NFT

BlockBeats news, June 25, according to The Block, Berlin-based Swarm Markets plans to let individuals buy NFTs that represent ownership of physical gold, according to a statement shared with the platform. The gold bars that support tokenized assets will be stored in Brink's vault in London.

Users will be able to conduct peer-to-peer NFT exchanges through Swarm's decentralized over-the-counter (dOTC) platform, provided that they go through the KYC and anti-money laundering (AML) process.