Theo Enters Silver Market with Tokenized Lease Income

Theo has launched thSLVR, a tokenized silver product that allows holders to earn income from silver leases. The launch includes over $40 million in committed silver leases and marks Theo's expansion into the commodities market beyond Treasuries and gold.

Silver leasing is a common practice where refiners, mints, and industrial fabricators borrow metal without taking on price risk, paying a lease rate in return. This income has traditionally gone to bullion banks and dealers rather than end-holders of the metal.

thSLVR aims to change this by placing token holders on the lending side of the silver lease market, allowing them to earn returns from leasing physical silver to commercial borrowers.