Theo introduces thSLVR token with silver leases valued at $40 million

Blockchain finance platform Theo has launched thSLVR, a tokenized silver product backed by $40 million in active leases. According to CoinDesk, the platform says the token is designed to give investors continued exposure to silver while generating income through the lending of the underlying metal to institutional borrowers. The offering links a traditional commodity exposure with an onchain structure, allowing the silver to remain deployed in lease arrangements rather than serving solely as a passive holding. Theo described thSLVR as part of its onchain finance platform, though the supplied information does not include details on issuance terms, trading venues, fees or redemption procedures. The launch is relevant to markets tracking silver, including XAGUSD, as well as digital-asset investors monitoring tokenized real-world assets.