Latest news with #ATME
Gulf Insider
17-03-2025
- Business
- Gulf Insider
ATME's CEO Delves Into Tokenizing Real World Assets
As the fintech industry continues to evolve, Bahrain is positioning itself as a key player in the Middle East, fostering innovation and digital transformation. The Kingdom of Bahrain's proactive approach to regulation, coupled with its robust infrastructure, has attracted fintech companies leading the charge in the region. One such company is ATME, a pioneer in the tokenization of real-world assets (RWA). By leveraging blockchain technology and focusing on security tokens, ATME is reshaping how businesses raise capital and how investors access previously exclusive opportunities. However, this rapidly changing landscape isn't just about cryptocurrency—there are complexities around digitizing real-world assets, ensuring investor protection, and navigating the regulatory challenges of this emerging sector. Gulf Insider spoke with Alex Lola, CEO of ATME, to delve deeper into the role of digital assets in Bahrain's financial markets and how ATME is contributing to the growth of fintech in the Kingdom. Digital assets come in various forms. The most common are cryptocurrencies like Bitcoin and Ethereum, stablecoins such as USDT and USDC, and security tokens. A security token, in particular, represents a legally binding contract between the issuer and the investor, which can be created and exchanged. The key thing to understand is that security tokens are regulated financial instruments, whereas cryptocurrencies are typically not backed by tangible assets. The distinction between cryptocurrencies and security tokens lies in regulation and investor protection. Cryptocurrencies often exist in a largely unregulated space and are backed by little more than the promises of a project. In contrast, security tokens are legally binding contracts that represent ownership or a share in an asset, offering protections that cryptocurrencies do not. Security tokens can be enforced in a court of law, providing investors with legal recourse. ATME is a digital assets exchange based in Bahrain, focused on the tokenization of real-world assets. By converting physical assets into blockchain-based tokens, we provide businesses, particularly mid-sized enterprises, a more inclusive, efficient and cost-effective way to raise capital. Our platform also gives investors access to opportunities that were previously out of reach, enabling fractional ownership of high-value assets. Tokenization offers a more flexible and efficient capital-raising channel for businesses. For mid-sized companies, it's a game-changer, as they often have limited options to finance growth. For investors, tokenization democratizes access to a wider range of investment products, making it possible for anyone to invest in assets like real estate, aircraft, or even shares in private businesses. The process is straightforward. Businesses sign up on our platform, complete the standard Know Your Customer (KYC) procedures, and then create a wallet linked to a banking account. Funds are stored securely with our partner banks in Bahrain. Once everything is set up, businesses can easily launch a tokenized asset offering, allowing investors to participate with just a few clicks. Blockchain technology is the backbone of our security infrastructure. It ensures transparency, data integrity, and immutability of transactions. All activities on the platform are recorded on the blockchain, providing an open and auditable record. Additionally, ATME is fully licensed and regulated by the Central Bank of Bahrain, which provides a layer of security and investor protection that many unregulated projects lack. In five years, digital assets and tokenization will become mainstream. As adoption increases, we will see more businesses, especially mid-sized ones, embracing tokenization as a primary method of raising capital. This shift will create a more inclusive and efficient economy in Bahrain and the GCC. It's not just about cryptocurrencies anymore—tokenization will allow everyday investors to access a wide range of previously inaccessible assets, from private equity to real estate and beyond.
Daily Tribune
14-03-2025
- Business
- Daily Tribune
ATME hosts Ramadan Ghabga
bahrain ATME, the digital assets exchange licensed by the Central Bank of Bahrain (CBB), recently hosted its Ramadan Ghabga at the Four Seasons Hotel in Bahrain Bay. His Highness Sheikh Salman bin Khalid Al Khalifa, Vice Chairman of ATME, along with the company's board of directors and executive management team, welcomed representatives from various family offices, banks, and leading local companies. Guests enjoyed an elegant evening fostering meaningful connections and strengthening business and investment ties. dfgdfg fdf
Zawya
11-03-2025
- Business
- Zawya
ATME completes its first tokenized asset issuance with gold-backed tokens
Manama, Bahrain – Marking a pivotal milestone in its mission to transform capital markets, ATME, the digital assets exchange licensed by the Central Bank of Bahrain (CBB), has successfully completed its first issuance of tokenized real-world assets (RWAs) with gold-backed tokens. With the support of the CBB, this landmark achievement showcases ATME's commitment to driving innovation in the Kingdom's financial sector. ATME issued two tokens, designed for accredited investors, which were acquired by an eligible investor. Each token is backed by one kilogram of gold to provide a modern and secure way to invest in one of the most trusted assets for wealth preservation. The company's tokenized gold offering allows ownership of the physical metal without the complexities of storage or transportation. The tokens represent gold that is securely held in custody until its redemption or trade in ATME's secondary market. Commenting on the milestone, Alex Lola, Chief Executive Officer of ATME remarked, 'Today marks a defining moment for ATME as we launch our first tokenized gold issuance. By combining the timeless value of gold with the transformative potential of blockchain technology, we are unlocking new ways for investors to access and trade high-value assets. This achievement highlights our team's tireless dedication and our collective vision of building. We are excited about the possibilities ahead as we plan to expand our offerings to include more asset classes on our platform.' ATME's first digital asset issuance reflects its strategic focus on increasing efficiency in asset ownership and trading, supported by blockchain technology and robust regulatory compliance. As the company expands its offerings, future issuances will provide investors with access to a wider range of alternative assets. ATME remains focused on driving financial inclusivity and efficiency in the local and regional capital markets. -Ends- About ATME ATME is a licensed digital assets exchange regulated by the Central Bank of Bahrain. Built on the enterprise-grade Hyperledger Fabric (HLF) blockchain framework, ATME brings borderless accessibility and liquidity to private capital markets through the tokenization of Real-World Assets (RWA). The company connects businesses looking for seamless and efficient capital-raising solutions, with institutional investors seeking to diversify their investment portfolios into new high-value asset classes. The private blockchain-based platform provides a highly secure digital marketplace that facilitates the sourcing, trading, tracking, investing, and ownership exchange of tokenized securities, commodities, private equity and more – all within a transparent and compliant ecosystem. Offering a comprehensive range of services designed to optimize the capital raising process and maximize investment potential, ATME is leveraging the liquidity and trading efficiencies presented by RWA tokenization to become a leading player in the regional and international financial marketplace.
