Ethereum
Matrixdock's silver token, built on the same custody model as its gold: allocated LBMA metal held by third-party vault operators, with the token freely transferable on Ethereum. It is the thinner side of the pair (silver demand for tokenization is a fraction of gold's), but it is genuinely routable, which most tokenized silver is not.
Tokenized LBMA silver from the issuer behind XAUm and STBT.
Prism analyst note
Tokenized silver is a small market and this is one of the very few examples that actually routes. Prism's own scan found no tradeable silver at all before this. Volume near $34k a day means it is a position to enter patiently rather than a market to trade. The structure mirrors Matrixdock's gold, which is the reassuring part; the depth is the constraint.
Generated from issuer disclosures and reviewed against the sources listed below. Not investment advice.
Structure & compliance
- Underlying
- Allocated LBMA silver
- Legal structure
- Token represents title to allocated LBMA silver held by third-party custodians
- Jurisdiction
- Singapore
- Custodian
- LBMA-certified vault operators
- Administrator
- Matrixdock
- Oracle / NAV source
- LBMA reference pricing
- Reserve information
- Same custody model as Matrixdock's gold token. Prism has not independently verified vault contents.
- Transfer restrictions
- Freely transferable ERC-20. Verified routable on Ethereum.
- Investor eligibility
- Open / permissionless
- KYC required
- No, permissionless transfers
- Launched
Reserve verification
Contracts & on-chain data
Addresses shown only where independently confirmed against explorers and issuer documentation. Holder and transfer analytics are available via the linked explorers.
Documents & disclosures
Frequently asked
Why is silver so much thinner than gold?+
Tokenized demand follows physical demand for a store of value, and gold dominates that by an order of magnitude. Kinesis Silver and this are close to the whole market.
