Toto Finance aims to bring $5B in copper onchain as AI demand surges

The company plans to connect copper producers with investors and industrial buyers through blockchain settlement and physical metal redemption. Toto Finance is developing a tokenized copper marketplace aimed at connecting mining companies directly with investors and industrial buyers as rising demand from AI data centers and power grids puts pressure on global copper supplies. The company is targeting $5 billion in tokenized copper over time, founder and chairman Monty Metzger told Crypto Briefing. Its planned CuTT token would represent ownership of physical copper stored in US warehouses, allowing investors to trade the metal digitally while industrial buyers retain the option of physical delivery. The expansion comes as the International Energy Agency projects a 25% copper supply shortfall by 2035, based on existing mines and announced projects.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Crypto Briefing.