DMCC Launches Tokenized World-record 1,971kg Silver Bar Under VARA Framework
DMCC has launched the world’s largest silver bar as the first tokenized commodity asset under the DMCC-VARA tokenization framework, enabling eligible investors to acquire fractional digital interests linked to the 1,971kg Guinness World Record asset.
Tokinvest, a Dubai-based platform regulated by the Virtual Assets Regulatory Authority (VARA), will issue the interests as an Asset-Referenced Virtual Asset (ARVA), with tokens deployed on BNB Chain. Regulated secondary-market trading is scheduled to follow the initial issuance, subject to applicable regulatory and platform requirements.
The launch fulfills plans announced at the Dubai Precious Metals Conference in November 2025, where the bar was unveiled following recognition by Guinness World Records. Manufactured in the UAE by SAM Precious Metals from 99.9 percent pure silver, it commemorates 1971, the country’s founding year.
The bar is registered and verified through DMCC Tradeflow, which records possession and ownership of commodities stored in UAE-based facilities, and is securely held by Brink’s. Tokinvest will manage the regulated issuance, distribution, and subsequent secondary-market trading of the digital interests.
"This launch demonstrates Dubai’s ability to connect established commodities infrastructure with digital technology and specialist expertise." – Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer of DMCC
He further added that DMCC’s work with VARA and industry partners creates practical routes for physical assets to enter the digital economy while retaining a clear connection to the underlying commodity.
"The Silver Bar ARVA marks an important milestone as the first tokenized commodity asset issued under the DMCC-VARA framework." – Paul Boots, Senior Director and Head of Sector Development at VARA
He stated that the project combines commodities infrastructure, regulated issuance, institutional custody, and blockchain technology to turn tokenization into an investable product.
"Eligible investors, including retail investors, could access the Silver Bar ARVA through the platform from September 7, with secondary-market trading expected after issuance." – Scott Thiel, Co-Founder and CEO of Tokinvest
He noted that tokenization broadens access to fractional interests in a unique physical asset, supported by Dubai’s regulatory framework.
"The bar reflects the strength of the UAE’s precious metals industry and the significance of 1971. Its tokenization demonstrates how established infrastructure can support new investment and ownership models," – Sami Abu Ahmad, Principal CEO of SAM Precious Metals
Nader Antar, Executive Vice President and President of Brink’s Rest of World and Brink’s Global Services (BGS), highlighted the role of secure transportation in facilitating this innovative project.
