ATME, a Bahraini digital asset exchange, has launched a gold-backed token with the support of the central bank

PANews reported on March 9 that, according to News.bitcoin, Bahrain's regulated digital asset exchange ATME 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 problem of physical gold storage. Alex Lola, chief executive officer of ATME, said combining the stability of gold with blockchain technology would promote financial inclusion in the region.