Day 14: Industrial Metals 🔩 Copper, lithium, nickel, aluminium. The metals powering EVs, energy grids, defense, and global infrastructure. Yet only around $75M of this market is tokenized and onchain today. Few teams are starting to move into the space. @Datavault_ai is building tokenized copper products backed by physical supply. @HyperliquidX already offers perp exposure to metals like copper, gold, and silver. And there are early pilot programs around lithium and nickel starting to appear too. The reason this category is still small is because industrial metals are harder to tokenize than something like gold. Storage is more complex. Quality and purity vary. One shipment of copper isn’t always identical to another. But demand is massive. Governments all over the world are racing to secure critical mineral supply chains. The US, China, Australia, Indonesia, all investing heavily because these metals are becoming strategic assets. That’s why this category is interesting to me. Not because the infrastructure is fully built yet. But because the demand behind it could be enormous.
