CoinDesk reported that Theo, a Real-World Asset (RWA) tokenization platform, has launched its tokenized silver product, thSLVR. Currently, silver lease agreements worth $40 million have been secured. thSLVR is structured to distribute lease fees paid by institutional borrowers to token holders while maintaining exposure to silver prices. Through this launch, Theo has expanded its existing gold-centric commodity finance business to include silver, and plans to utilize thSLVR as a supporting asset for its stablecoin, thUSD.
