Theo launches tokenized silver backed by $40M in active leases

Blockchain finance platform Theo has launched a new tokenized silver product backed by $40 million in active leases. This move expands the company’s commodity offerings, following the successful deployment of its yield-bearing gold and Treasury tokens.

Unlike passive commodity trackers, Theo’s model utilizes active leases to transform the metal into a yield-bearing asset. This strategy mirrors the structure of its previous product, thGOLD, which generates returns through loans backed by physical gold inventories.

The silver launch aims to address a gap in the market for institutional-grade tokenized silver assets. Theo’s existing ecosystem includes thBILL, a Treasury product with over $200 million in total value locked, and thUSD, a stablecoin-like product utilizing a delta-neutral gold carry strategy.