DMCC Unveils Record 1.9-Tonne Silver Bar Celebrating UAE’s Founding Ahead of Its Landmark Tokenisation

DMCC, the leading international business district that drives the flow of global trade through Dubai, has unveiled the world’s largest silver bar – a record-breaking 1,971kg asset officially recognised by Guinness World Records. Revealed at the Dubai Precious Metals Conference (DPMC) on 24 November, the bar commemorates the founding year of the United Arab Emirates, symbolising national ambition, craftsmanship and innovation.

As part of a landmark project involving DMCC and leading industry players, the bar is now set to be tokenised through DMCC’s Tradeflow platform, marking the first time a Guinness World Record precious metal bar will undergo tokenisation 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 tokenisation and issuance process; and Brink’s, which will oversee secure storage and logistics.

This world-first initiative forms a key milestone in DMCC’s expanding programme to advance commodities tokenisation and enhance transparency, traceability and legal certainty across global precious metals markets. Tokinvest will register the asset on DMCC Tradeflow, the UAE’s leading online system for registering and pledging commodities – ensuring robust oversight and a trusted environment for fractional ownership, subject to regulatory approvals.

Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, said: “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 honours 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 digitised and accessed through trusted and transparent frameworks. As we accelerate our tokenisation programme 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: “Dubai continues to show the world what regulated innovation looks like. Tokenising a Guinness-record-breaking bar of silver, weighing 1,971kg to mark the formation of the UAE, is not only an honour 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. It’s a powerful demonstration of how Tokinvest is making real-world assets more accessible, transparent, and borderless.”

Sami Abu Ahmad, Chairman, Sam Precious Metals, added: “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. Through tokenisation, we are opening a new chapter in how physical value is preserved, shared and traded globally.”

This landmark tokenisation 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 tokenised commodities. Through this partnership, DMCC and VARA are advancing pilot projects across gold, diamonds and other physical assets; enhancing investor education and market awareness; and collaborating on data sharing and sector analysis to inform future regulatory policy.

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. The tokenisation of the record-breaking silver bar represents a flagship milestone within this broader programme, reinforcing Dubai’s ambition to become the global benchmark for trusted, regulated real-world-asset tokenisation.