Theo launches tokenized silver product thSLVR, backed by over $40 million in active leases

According to CoinDesk, on-chain financial platform Theo has officially launched thSLVR, a yield-bearing tokenized silver product, with an initial committed lease size of over $40 million. Holders can maintain exposure to silver prices while earning lease income generated by lending the underlying metal to institutional borrowers such as refiners, mints, and industrial manufacturers. Traditionally, such yields are typically captured by precious metals banks and dealers, rather than retail investors in products like ETFs.