The Dubai Multi Commodities Centre (DMCC) has officially unveiled the world’s largest silver bar, a colossal asset weighing in at an impressive 1,971 kilograms.
This remarkable silver bar has been officially recognized by Guinness World Records, setting a new benchmark in the precious metals industry and underscoring DMCC’s leadership in the global commodities market.
DMCC Celebrates UAE National Pride with Record-Breaking Silver Bar
Revealed at the Dubai Precious Metals Conference (DPMC), the bar commemorates the founding year of the UAE, symbolizing national ambition, craftsmanship, and innovation.
As part of a landmark project involving DMCC and leading industry players, the bar is now set to be tokenized through DMCC’s Tradeflow platform, marking the first time a Guinness World Record precious metal bar will undergo tokenization under a regulated framework.
The project brings together UAE-based precious metals refiner Sam Precious Metals, responsible for the bar’s production; Tokinvest, a VARA-regulated platform leading the digital tokenization and issuance process; and Brink’s, which will oversee secure storage and logistics.
Ahmed Bin Sulayem Executive Chairman and CEO DMCC
“The 13th edition of the Dubai Precious Metals Conference has been marked by new records, highlighted by the unveiling of the world’s largest silver bar – a 1,971 kg, 1.3-metre-long bar that has set a Guinness World Record and honors the UAE’s ambition and craftsmanship. This initiative reflects DMCC’s broader mission to connect trade, commodities, finance, and technology, demonstrating how physical assets can be digitized and accessed through trusted and transparent frameworks. As we accelerate our tokenization program with key partners including VARA, Sam Precious Metals, Tokinvest, and Brink’s, projects like this reinforce Dubai’s position as the global benchmark for practical, investable, and regulated real-world asset innovation.”
Scott Thiel, Co-Founder and CEO of Tokinvest, said that, “Tokenizing a Guinness-record-breaking bar of silver, weighing 1,971kg to mark the formation of the UAE, is not only an honor but a milestone for the entire RWA industry. Precious metals have always been a trusted store of value, but access has traditionally been limited. This project brings a globally significant artefact into the hands of everyday investors.”
Image credits: Dubai Media Office | Cropped by GBN
Sami Abu Ahmad, Chairman of Sam Precious Metals, stated that, “Creating the world’s largest silver bar is a celebration of craftsmanship, innovation, and the UAE’s spirit of ambition. Partnering with Tokinvest and DMCC allows us to take this achievement further – transforming a symbol of national pride into a digital asset that represents the next evolution of precious metals investment.”
This landmark tokenization follows DMCC’s recently announced strategic partnership with the Dubai Virtual Assets Regulatory Authority (VARA), designed to accelerate the development of secure, transparent, and scalable frameworks for tokenized commodities.
With more than 1,500 companies in its precious metals ecosystem and over 700 Web3 and blockchain firms in its Crypto Centre, DMCC is uniquely positioned to lead the next wave of asset-backed digital instruments.
