Theo launches thSLVR tokenized silver product with $40 million in active leases

  • Theo launched thSLVR, a tokenized silver product.
  • $40 million in active silver leasing commitments support the product.
  • thSLVR extends Theo’s commodity financing from gold to silver and supports thUSD.

Blockchain finance platform Theo has launched thSLVR, a tokenized silver product that maintains holders’ exposure to silver while distributing lease fees paid by institutional borrowers. The product has $40 million in active silver leasing commitments and expands Theo’s commodity financing business from gold into silver. It will also support thUSD, Theo’s stablecoin (a cryptocurrency designed to maintain a stable value).

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