Theo Launches Tokenized Silver thSLVR with $40M in Active Lease Support

Odaily News: Blockchain financial platform Theo has launched a tokenized silver product called thSLVR, with $40 million in active silver lease commitments. The token distributes lease fees paid by institutional borrowers to holders while maintaining exposure to silver.

The product expands Theo's commodity financing business from gold to silver and will support its stablecoin thUSD. (CoinDesk)