Are There Risks to Investing in Tokenized Silver?
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While tokenized silver offers convenience and transparency, it carries some risks:
Custodial Risk: Tokens are only as secure as the custodian holding the physical silver.
Market Risk: Prices of silver can fluctuate, just like physical silver.
Regulatory Risk: Rules around tokenized commodities are still evolving.
Platform Risk: Technical issues or smart contract bugs could affect trading or access.
Investors should carefully evaluate the platform and ensure tokens are fully backed by audited, insured physical silver before committing funds.