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Tokenizing Nickel Wire on Blockchain | Bitcoin and Crypto News

Tokenizing Nickel Wire on Blockchain | Bitcoin and Crypto News

Published 1 week, 3 days ago
Description

Bitfinex Securities is launching ALKN, the world’s first tokenized nickel product, backed by seven million meters of high-purity nickel wire worth $1.6 billion—held in Switzerland and vital for semiconductors and aerospace. This blockchain-based asset aims to unlock liquidity for industrial metals, enabling 24/7 trading and new investment opportunities. Funds raised will fuel Alkemya Metacore’s development of engineered nickel products for EMI shielding and green hydrogen. Eligible investors can buy ALKN tokens until October 15th, making it also the first tokenized commodity under El Salvador’s digital asset regulations. This marks a major step in bringing real-world assets onto the blockchain for broader access and innovation.

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