DMCC Launches Tokenised 1,971kg World-Record Silver Bar Under VARA Framework
Translated from English and summarized by DistantNews. Read the original for the full story.
At a glance
- DMCC launched a tokenised 1,971kg silver bar, described as the worldโs largest, under the DMCC-VARA tokenisation framework.
- Dubai-based Tokinvest will issue fractional interests as an Asset-Referenced Virtual Asset on BNB Chain, with regulated secondary-market trading planned after the initial issuance.
- UAE-based SAM Precious Metals manufactured the bar from 99.9% pure silver, and DMCC Tradeflow records its possession and ownership.
A 1,971kg silver bar that holds a Guinness World Record is being opened to fractional digital investment under a new Dubai regulatory framework.
The Dubai Multi Commodities Centre, or DMCC, launched the bar as the first tokenised commodity asset under the DMCC-VARA tokenisation framework. Eligible investors can acquire fractional digital interests linked to the physical asset rather than buying the entire bar.
Tokinvest, a Dubai-based platform regulated by the Virtual Assets Regulatory Authority, will issue the interests as an Asset-Referenced Virtual Asset. The tokens will be deployed on BNB Chain. Regulated trading on a secondary market is scheduled to follow the initial issuance, subject to regulatory and platform requirements.
The launch fulfils plans announced at the Dubai Precious Metals Conference in November 2025, where the bar was unveiled after Guinness World Records recognition. UAE manufacturer SAM Precious Metals produced it from 99.9% pure silver. The bar commemorates 1971, the year the country was founded, and its possession and ownership are registered and verified through DMCC Tradeflow.
Originally published by Gulf Today in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.