Metals.io issues tokens backed by 25 tonnes of physical copper stored in Germany

Crypto Insight Summary: The company is starting with $366,000 worth of copper stored in Germany, hoping to build a market for investors to own and trade physical metal onchain. Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: A niche copper-backed token with limited supply is unlikely to materially affect the crypto market.