Tokenized Silver Gets a Yield Boost as Theo Brings $40 Million in Leases Onchain
Silver is getting a new life onchain. Theo, a New York-based platform focused on blockchain finance, has launched tokenized silver product thSLVR, backed by more than $40 million in active silver leases.The idea is straightforward but unusual. Instead of simply tracking the price of silver, thSLVR is designed to let holders keep exposure to the metal while also receiving income generated by lending it to institutional borrowers.That turns silver into something more than a static commodity holdin