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Sead Fadilpašić
Journalist
Sead Fadilpašić
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MBD Financials, a blockchain-based asset tokenization company, has joined hands with Indigo Precious Metals, a global provider of precious metals trading and storage, to launch gold-backed non-fungible tokens (NFTs) and tokenized real-world assets (RWAs) within its digital ecosystem.
According to the press release, this collaboration will integrate RWAs into virtual environments. Furthermore, it will create a transparent and accessible model for asset ownership within the metaverse.
Thanks to this approach, users will gain access to gold-backed NFTs, tokenized gold bars, and gold-backed digital avatars.
The announcement explains that gold-backed NFTs are unique digital assets linked to physical gold bars. Ownership is recorded on the blockchain for security and transparency.
Additionally, Indigo Precious Metals oversees the storage of the physical gold, implementing all compliance measures per industry standards.
Meanwhile, tokenized gold bars are available to users to acquire and trade, as well as players who want to integrate them into in-game economies. This enables “real-world value to interact with virtual financial systems,” said the teams.
Lastly, customizable gold-backed avatars come with gold-backed accessories and upgrades, representing “a new way to showcase digital representations” of RWAs ownership.
This collaboration aims to bridge blockchain and traditional asset ownership. It will allow users to “engage with gold in new and innovative ways,” the press release said.
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Test Collection Incoming
MBD Financials and Indigo Precious Metals said they would “soon” launch a test collection of gold-backed NFTs. These will be available to early adopters to experience real-world asset integration.
Additionally, they will continue the partnership by expanding asset accessibility and functionality. According to a Twitter post, MBD Financials is partnering with NFT artists to create gold-backed art. This, they argued, will add “tangible value to digital art investments.”
The company will work on making tokenized gold an in-game and marketplace currency. The move will enable users to trade, spend, and convert gold-backed assets across the MBD ecosystem. This move will merge real-world finance with Web3 commerce, it said.
Next up is DeFi integration and enabling gold-backed NFTs to be used as collateral to borrow stablecoins or earn interest. And speaking of NFTs, the company plans limited-edition, high-end gold-backed, luxury, and collectible assets. These will be “designed for serious collectors, traders, and investors.”
Lastly, to expand real-world utility and cross-chain liquidity, the company plans to bring gold-backed assets to multiple blockchains and marketplaces.
David Mitchell, Managing Director at Indigo Precious Metals, commented that blockchain opens up new opportunities for the ownership and exchange of precious metals. “Through this partnership, we aim to provide a transparent and verifiable framework for integrating gold into the digital economy.”
MBD Financials Founder and CEO, Fredrik Dahl, added that this collaboration is a major step towards merging physical assets and digital ecosystems. “By integrating gold-backed NFTs and real-world assets, we are expanding the possibilities of asset ownership and interaction within blockchain-driven environments,” he concluded.
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