DFM ---ADX ---
8mWill UAE Fuel Prices Hit Record Highs in November as Oil Climbs?Business
13mFlydubai Extends Saudi Flight Suspensions Amid Regional Security ConcernsBusiness
5hGold Prices Dip in UAE Just in Time for DiwaliBusiness
16hADCB Extends Winning Streak with 21 Quarters of Profit GrowthBusiness
16hOil Prices Surge to Five-Month High Amid Middle East TensionsBusiness
16hMiddle East Steel Market Poised for $60B Valuation by 2031Business
16hRakbank Hits Dh2.5 Billion Profit Milestone Amid Strong GrowthBusiness
16hUAE Companies Grapple with AI Security RisksBusiness
16hUAE Embraces Stablecoins as Businesses Shift Toward Digital PaymentsBusiness
16hDubai Becomes a Magnet for Specialist Debt Advisers Amid Rising Gulf WealthBusiness
16hAI-Driven Automation Transforming Expense Management in UAE BusinessesBusiness
16hAbu Dhabi’s property market maintains strong momentumBusiness
16hDriving Innovation: How Tech and Startups Will Power the $200B Indo-UAE Trade GoalBusiness
20hUAE Regulator Launches Probe into AIX Financial Consultations Over Missed PayoutsBusiness
20hDiwali Jewellery Deals in the UAE: Top Offers to WatchBusiness
21hDubai’s Vision for an AI-Powered Financial FutureBusiness
22hUAE Named a Top Global Destination for Quality of LifeBusiness
1dBoost Your Travel Rewards: Earn Emirates Skywards Miles During Your Dubai StayBusiness
1dGTHE Unveils JCB Hydrogen Engine at WETEX to Drive UAE’s Green TransitionBusiness
1dCommercial Bank of Dubai Reports Strong Third Quarter GrowthBusiness
1dAbu Dhabi Unveils New Unified Facade Standards for Industrial FacilitiesBusiness
2dUAE Remains a Global Magnet for Fractional ExecutivesBusiness
2dUAE Transforms Tourist Tax Refunds with New AI-Powered Digital AppBusiness
2dRising Oil Prices and What They Mean for November Fuel Costs in the UAEBusiness
2dDubai Gold Prices Remain Attractive Ahead of DiwaliBusiness

World’s Largest Silver Bar Leads Dubai’s Asset Tokenization Wave

Tue, Sep 8, 2026(45d ago)Business

Dubai has officially taken a major step into the future of finance with the launch of the world’s largest silver bar as a tokenized commodity. Weighing in at a massive 1,971 kilograms, the Guinness World Record-holding bar—created by SAM Precious Metals to honor the UAE’s founding year—is now the first asset to be tokenized under the joint DMCC-VARA framework. By converting this physical giant into digital, fractional interests, authorities are successfully bridging the gap between traditional commodities and modern blockchain technology.

Managed by the Dubai-based platform Tokinvest, these digital shares are issued as asset-referenced virtual assets (Arvas) on the BNB Chain. This initiative, which secured the silver bar within secure Brink’s facilities, allows investors to bypass the barriers of physical ownership that once made such assets inaccessible. With the support of both the DMCC and the Virtual Assets Regulatory Authority (VARA), this project serves as a practical blueprint for how institutional-grade commodities can be transformed into liquid, investable digital products for a broader range of investors.

Comments0
No comments yet. Be the first to share your thoughts.