World’s largest silver bar in Dubai becomes first tokenised asset
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At a glance
- Dubai has launched tokenised fractional interests in a 1,971-kilogram silver bar recognized by Guinness World Records.
- Tokinvest will issue the asset-referenced virtual asset on BNB Chain, with regulated secondary-market trading planned after the initial issuance.
- The project links the physical bar to DMCC Tradeflow and regulated custody as Dubai expands its real-world asset economy.
The world’s largest silver bar has moved from a physical record into a fractional digital investment product in Dubai. Eligible investors can acquire digital interests linked to the 1,971-kilogram bar, which holds a Guinness World Record.
Tokinvest, a Dubai-based virtual asset platform regulated by the Virtual Assets Regulatory Authority, will issue the interests as an asset-referenced virtual asset on BNB Chain. Regulated secondary-market trading is expected to begin after the initial issuance, subject to regulatory and platform requirements. The offering is available to eligible investors, including retail investors, from September 7.
When we unveiled this 1,971kg Guinness World Record silver bar at the Dubai Precious Metals Conference last November, we set out a clear ambition to take it from a physical record into a practical example of commodity tokenisation, with the DMCC-Vara tokenisation framework as the roadmap. Today, we are delivering on that ambition.
SAM Precious Metals manufactured the bar in the UAE using 99.9 percent pure silver. It commemorates 1971, the year the UAE was founded. DMCC Tradeflow, the Dubai Multi Commodities Centre platform for recording possession and ownership of commodities stored in UAE facilities, has registered and verified the physical bar. Brink’s holds it in secure custody.
The project demonstrates how Dubai can bring together established commodities infrastructure, regulated virtual asset issuance, institutional custody and blockchain technology to turn tokenisation from concept into a practical, investable product.
The launch follows plans first announced at the Dubai Precious Metals Conference in November 2025, when the bar was unveiled after receiving Guinness recognition. DMCC chief executive Ahmed Bin Sulayem said the project fulfilled the ambition of turning a physical record into a practical example of commodity tokenisation under the DMCC-Vara framework.
Vara executive Paul Boots said the project combines commodities infrastructure, regulated virtual-asset issuance, institutional custody and blockchain technology. Tokinvest co-founder and chief executive Scott Thiel said tokenisation gives eligible investors access to an asset that would otherwise be beyond the reach of most people.
Until now, owning something like the world’s largest silver bar was simply beyond the reach of almost every investor. Tokenisation changes that.
Originally published by Khaleej Times. Summarized and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.