Auxite Introduces Multi-Metal Digital Ownership Infrastructure for Precious Metals

Auxite announced an expanded precious-metals digital ownership platform that lets users access gold, silver, platinum and palladium through a single structured experience. The company says its model goes beyond simple price exposure by emphasizing physical backing, allocation tracking, custody coordination and proof-of-reserves principles. The release frames tokenized real-world assets as a fast-growing trend and positions precious metals as a strong use case because of their established markets and investor demand. For markets, the announcement is more about the broader RWA/tokenization narrative than an immediate catalyst for gold prices, but it reinforces growing institutional and retail interest in digitized commodity ownership. The press release also highlights potential future liquidity solutions and broader infrastructure development for tokenized commodities.