Gold bars have landed on Bitcoin. A new token project is inscribing the serial numbers of physical bullion stored in a secured vault directly onto the Bitcoin blockchain, letting people purchase and trade the rights to real gold.

TRIO, a Bitcoin-native marketplace created by OrdinalsBot, is behind the tokenized gold offering. The company announced Monday it has teamed with Swarm Markets to launch the Gold on Bitcoin collection, using the NFT-like Ordinals protocol to attach metadata from gold bars stored in a Brinks vault in London.

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Author: Jason Nelson

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