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Commodity-pegged synthetic tokens are digital assets that are designed to track and represent the value of physical commodities. These tokens leverage blockchain technology to provide a digital alternative to owning and trading physical commodities. By pegging the value of a synthetic token to a real-world commodity, such as gold, silver, oil, or agricultural products, investors can gain exposure to these assets without holding the physical commodity itself.
By Rakesh PatelCommodity-pegged synthetic tokens are digital assets that are designed to track and represent the value of physical commodities. These tokens leverage blockchain technology to provide a digital alternative to owning and trading physical commodities. By pegging the value of a synthetic token to a real-world commodity, such as gold, silver, oil, or agricultural products, investors can gain exposure to these assets without holding the physical commodity itself.