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Dubai Gold Exchange issues largest silver bar

Dubai Gold Exchange issues largest silver bar

The Dubai Multi Commodities Centre has launched the world's largest silver bar, weighing 1,971 kilograms. It is considered the first tokenized commodity asset in Dubai, allowing investors to acquire fractional digital shares linked to it through the "Tock Invest" platform on the Binance Chain network. This project aims to leverage blockchain technology to connect physical assets with the digital economy, enabling qualified investors, including individuals, to trade on a regulated secondary market after the issuance of digital shares associated with the bar. This achievement reflects Dubai's ability to integrate its precious metals infrastructure with digital technology and marks an important step in strengthening Dubai’s position as a global hub for tokenized assets and precious metals.

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