STRATO Unveils Tokenized Silver Product with HardFi Utility

STRATO has launched SILVST, a tokenized silver product on its blockchain. This innovation enables users to access physical silver markets in a seamless and fractional way. Each SILVST token represents one troy ounce of 99.9% pure silver and can be purchased in any amount.

The STRATO team boasts a decade-long track record in blockchain engineering, with experience that includes launching the first Blockchain-as-a-Service on Microsoft Azure and co-founding the Enterprise Ethereum Alliance (EEA). This heritage brings 'HardFi', the fusion of real-world assets and decentralized finance (DeFi), to the forefront.

SILVST offers several key features. It provides hard utility, allowing users to borrow against their silver holdings at competitive rates. Users can also trade, swap, or transfer silver with efficiency without sacrificing the 'hard asset' backing. Furthermore, holders maintain the right to redeem their tokens for physical silver bullion.