DeFi
Neutral
Theo Launches thSLVR Token Backed by Silver Leasing Assets
Theonchain finance platform Theo has reportedly launched a $40 million (approximately 5.44 billion won) token called thSLVR, backed by silver leasing assets. CoinDesk reported on the 16th that Theo's thSLVR allows investors to maintain exposure to silver prices while providing revenue generated from lending silver to institutional borrowers.
Korean Source
This article is an English localization of a Korean-language crypto news report. Original headline: 테오, 4000만달러 은 임대자산 기반 thSLVR 출시