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
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