Nornickel’s subsidiary Global Palladium Fund (GPF) is launching Nickel and Copper ETC, along with blockchain tokens, on the London Stock Exchange (LSE) and Borsa Italiana.

The tokens will be issued by the Swiss company Atomize, Nornickel’s tokenization platform, using Hyperledger Fabric, an open source blockchain database controlled by the Linux Foundation. Nornickel has demonstrated unwavering loyalty to Hyperledger. The company joined the consortium two years ago.

GPF has already launched ETCs for gold, silver, platinum and palladium on the London Stock Exchange and Deutsche Borse.

Nornickel is one of the few industrial heavyweights who want to use distributed ledger technology (DLT) not only for corporate use cases like trade finance or supply chain management, but also for tokenizing their own assets.