UAE Unveils World’s Largest Silver Bar: 1,971 kg Record & Historic Tokenisation
The Dubai Multi Commodities Centre (DMCC) has made a monumental entry into the global precious metals market by unveiling the world’s largest silver bar, officially certified by Guinness World Records. Weighing a staggering 1,971 kilograms (63,369 troy ounces), the bar is a powerful symbol of the UAE’s economic ambition and technological innovation.
A Record-Breaking Feat with National Symbolism
The bar’s precise weight is deeply symbolic, commemorating the founding year of the United Arab Emirates in 1971. This historic ingot, measuring approximately 1.3 meters in length, is refined to an exceptional purity of 999.9 silver, showcasing world-class craftsmanship.
Masterful Production by Sam Precious Metals
The bar was produced by Sam Precious Metals, a leading accredited refinery in the region. Creating a single ingot of this unprecedented size required:
Specialized, custom-designed casting moulds.
Meticulous control over the molten silver pouring process.
Precise cooling and finishing techniques to ensure perfect structural integrity and purity.
This achievement highlights the UAE’s advanced capabilities in high-value, precision refining and solidifies its position as a key player in the global bullion manufacturing industry.
A World-First: Tokenising a Guinness World Record Bar
In a groundbreaking move that merges physical commodities with digital finance, DMCC announced that this record-breaking bar will be fully tokenised. This means its ownership will be digitized and divided into fractional shares, making it accessible to a global pool of investors.
The tokenisation will be executed through a regulated framework:
Platform: DMCC Tradeflow, the region’s leading commodities trading and collateral management platform.
Digital Issuance: Handled by Tokinvest, a platform regulated by the Dubai Virtual Assets Regulatory Authority (VARA).
Secure Storage: The physical bar will be securely vaulted by Brink’s, the global leader in secure logistics.
This initiative marks the first time a Guinness-certified precious metal bar will be tokenised under a formal regulatory framework, creating a new bridge between traditional bullion markets and the digital asset ecosystem.
Strategic Timing: Capitalizing on Rising Silver Demand
This unveiling is strategically timed amid surging global demand for silver, driven by:
Industrial Boom: Critical use in renewable energy (solar panels), electronics, and electric vehicles.
Investment Demand: Growing interest in silver as a tangible asset and inflation hedge.
Supply Constraints: Global mine supply is struggling to keep pace with demand.
By positioning Dubai at the intersection of physical refining, secure storage, and regulated digital investment, the UAE aims to capture a significant share of this growing market.
What This Means for Investors and the Industry
This project is set to redefine precious metals investment:
Democratised Access: Tokenisation enables fractional ownership, allowing retail and institutional investors to own a share of high-value, physically-backed bullion without the logistical hurdles of storage or insurance.
Unprecedented Transparency & Trust: The VARA-regulated tokenisation and Brink’s-secured storage provide a level of auditability, legal clarity, and security often missing in traditional bullion markets.
Modernising the Market: It pioneers a new model for how precious metals are traded, owned, and used as collateral, combining the inherent value of physical assets with the liquidity and accessibility of digital tokens.
Boosting Dubai’s Ecosystem: This project significantly enhances DMCC’s and Dubai’s profile as a holistic global hub for commodities, finance, and Web3 innovation.
Conclusion: More Than a Record—A Vision for the Future
The 1,971 kg silver bar is far more than a display of metallurgical prowess. It is a bold statement of the UAE’s vision to lead the convergence of trade, finance, and technology. By successfully tokenising this physical asset under a robust regulatory umbrella, DMCC is not just setting a world record—it is writing a new chapter for the entire precious metals industry, offering a blueprint for the secure and accessible digital ownership of real-world assets for decades to come.