Theo Launches Tokenized Silver with $40 Million in Leases
- The product, thSLVR, has over $40 million in committed leases.
- Tokenized silver is significantly smaller than the tokenized gold market, which exceeds several billion dollars.
- Tokenized commodities now account for approximately $4.9 billion across about 130 products.
- The number of commodity-token holders increased by 13% to nearly 339,000 recently.
- 83% of silver in London vaults is tied up in investment products, leaving around 136 million ounces available for trading.
The launch of thSLVR highlights the growing interest in tokenized commodities as a financial instrument, expanding beyond traditional assets like U.S. Treasuries and private credit.
With over $40 million in active leases, thSLVR positions itself within a rapidly evolving market that now includes nearly $4.9 billion in tokenized commodities.(Source)
