Bitcoin has always been called "digital gold" because, like gold, it is seen as a store of value with limited supply. Now, for the first time, you can trade real physical gold on the Bitcoin blockchain, thanks to a partnership between Swarm Markets, a regulated investment platform, and OrdinalsBot, a protocol that brings NFTs to the Bitcoin network.
Here’s how it works: On the Bitcoin blockchain, the smallest unit of Bitcoin is called a satoshi (1 satoshi = 0.00000001 BTC). This new service can inscribe satoshis with unique serial numbers representing actual gold bars. These inscriptions turn the satoshis into unique tokens, similar to NFTs, but backed by real gold, making them tradeable on the Ordinals protocol.
This opens up a whole new world for investors. Instead of having to choose between buying gold or Bitcoin, you can now hold and trade both assets on one blockchain. Timo Lehes, co-founder of Swarm Markets, pointed out that this innovation lets people combine real-world assets, like gold, with the digital power of Bitcoin, providing more investment flexibility.
Gold will be the first real-world asset (RWA) available on Trio, an upcoming marketplace developed by OrdinalsBot. Trio is expected to launch by the end of the year, creating a new way for investors to trade physical assets like gold using blockchain technology.
Now, with this technology, investors no longer have to pick between "digital gold" (Bitcoin) and physical gold—they can hold both in a single, decentralized system. This could change the way people think about investing in gold, especially for those who want exposure to traditional assets but prefer using blockchain technology.
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