What is tokenized gold or tokenized metals?

[cryptoenthusiast]

Tokenized gold or metals are digital representations of physical assets, such as gold, silver, or platinum, stored in secure vaults. Each token corresponds to a specific quantity of the physical asset, allowing users to buy, sell, and transfer ownership on a blockchain without handling the metal directly.

[johnblockbuster]

lol tokenized gold basically lets you hodl gold without dealing with bricks, vaults, or insurance.