How Does Tokenized Silver Work?

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When you buy tokenized silver, your funds purchase an equivalent amount of physical silver, which is stored by a regulated custodian. A blockchain token is then issued to represent your ownership.

The blockchain ledger ensures transparency and security, showing proof of ownership without relying on paper certificates. Investors can trade their tokens on digital platforms 24/7, and smart contracts can even allow for automated transactions or integration into DeFi protocols, offering liquidity that traditional silver investments cannot match.

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i guess similar as tokenized gold