Dubai DMCC Tokenizes World's Largest Silver Bar
Tokenization of Silver Bullion
On the 7th, Dubai's government-backed commercial promotion agency DMCC announced the official launch of the world's largest silver bullion, weighing 1,971 kilograms, as the first tokenized asset under the DMCC-VARA framework. The virtual asset platform TokenInvest, regulated under Dubai's virtual asset regulatory authority VARA, will begin issuing fractional digital shares to eligible investors starting the same day.
Silver bullion refers to refined silver that has been solidified into bar form, and the current target has a purity of 99.9% and a Guinness World Record-certified weight of 1,971 kilograms.
The fractional shares will be issued as Asset-Referenced Virtual Assets (ARVA) and the tokens will be implemented on the BNB Chain. The physical asset, the silver bar, will be registered and verified within the DMCC trade flow, with logistics and storage managed by security firm Brinks.
This launch follows the public display of the silver bar at the DMCC Dubai Precious Metals Conference in November 2025, where it received Guinness World Record certification. The precious metals manufacturer SAM Precious Metals produced this silver bar from 99.9% pure silver in commemoration of the founding year of the United Arab Emirates, 1971.
Management Comments
Ahmed Bin Sulayem, CEO of DMCC, stated that they have reached the stage of implementing the vision presented in November 2025. Paul Boots, who leads the sector development division at VARA, indicated that this would be a case combining commercial infrastructure with regulated virtual asset issuance, institutional custody, and blockchain technology.
Scott Thiel, co-founder and CEO of TokenInvest, remarked that this asset class was previously almost inaccessible to individual investors. He noted that eligible investors, including individual investors, would be able to access the silver bar's ARVA starting from the 7th.
Regulated secondary market trading will commence based on the regulations and platform requirements applicable after the initial issuance. DMCC is advancing this tokenization initiative as part of its efforts to connect commodities, capital, and technology.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Institutional Perspective: Why Pump, Hyperliquid, Venice, and EtherFi Remain Undervalued?

KDE Incorporates a Key Wayland Protocol for Video and Gaming into KWin

European Startup Raises $450 Million to Challenge SpaceX

Castle lets users convert STRC dividends into Bitcoin

FBI Charges Brothers Operating Darknet Drug Trafficking

Qatar Faces Record Quarterly Deficit Since 2016 Following LNG Collapse

Wholesale dollar falls below $1.510 and the gap with the ceiling of the band holds at 25%

Arthur Hayes: Dollar Weakness and Yen Strength Transition Triggering Cryptocurrency Rally

Arkham API Adds Risk Score and AI Agent Payment

Hyperion DeFi Announces $20 Million Stock Buyback and Raises Full-Year Guidance

Reconstruction of the Northern Bypass of Zhytomyr: Laying of Cement Concrete Pavement

Sovereign Debt: The Secret of Gold That Governments Don't Tell

Sapien Completes New Round of Financing, Valued at $180 Million

Digital Euro Privacy: The Technical Detail That Compromises Autonomy

Etherscan Launches On-Chain Fund Tracking AI Tool Etherscan-Flow

TSLA Stock Price Prediction: Goldman Sachs vs the Analyst Who Sees Another 90% Drop

Cronos Recovers $111 Million in Stolen Funds by Rolling Back Blockchain

Police Officers Among 16 Suspects in Cryptocurrency Mining Fraud, Victims Totaling 2.7 Billion KRW

Solana Records $348 Million in RWA Net Inflows Over 30 Days, Ethereum Maintains Dominance

"Electric Vehicle Chargers as Web3 Physical Assets" ··· Park Se-jin, CEO of Gorae Protocol, "One Charger Will Become a Financial Unit"

Why Do Perpetual Contracts Experience Timed Fluctuations Every 15 Minutes?

Ethereum arbitrage study reveals builders receive $5 for every $1 burned by the network

BCRA Halts Dollar Purchases for the Third Time This Year, Ending a Streak of 27 Consecutive Positive Sessions

Stablecoin growth will test 24/7 FX liquidity, TransFi CEO says

Bitcoin Miners Invest $30 Billion in AI

BTC's 90-Day Correlation with Gold Rises to 0.56, Hitting a New High Since 2017

US Sanctions Fail to Stop $9 Billion Shadow Banking Flow Linked to Iran

Tom Lee: Ethereum is More Like Digital Land Than Digital Cash

As Polymarket and Others Step into the 'Background': The Second Half of Prediction Markets Beyond Exchanges?







