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Tokenized Silver Trading Soars as Prices Hit Records and Market Cap Tops $300 Million

Investors seek 24/7 on-chain exposure during tightening supply conditions as a Chinese export-licensing rule looms.

Overview

  • RWA.xyz reports roughly a 1,200% jump in monthly transfer volume for tokenized iShares Silver Trust over the past 30 days.
  • Holders of the tokenized SLV increased about 300% and the product’s net asset value rose nearly 40% during the same period.
  • Industry trackers say tokenized silver’s total market capitalization has surpassed $300 million to an all-time high.
  • Physical market stress persists, with double-digit premiums in parts of Asia over COMEX and a backwardated London forward curve.
  • Analysts cite looming Chinese export licensing starting Jan. 1 and resilient solar-sector demand, while warning that exchange margin changes could spur sharp reversals.