iShares Silver Trust Tokenized ETF (Ondo) (SLVon)

Onchain exposure to silver is accelerating.

“Ondo currently provides the largest tokenized silver product, with roughly 326,000 oz tokenized,” per @DefiLlama.

Tokenized silver is just one of 250+ assets on Ondo Global Markets, the largest tokenized stocks platform globally. https://t.co/peH8Y5HRG6

Ondo Finance's tokenized silver surged.

SLVon rose +155% over the past 30 days,
its market cap expanded to about $18 million.

It is a product that tokenizes the U.S. iShares Silver Trust (SLV),
designed to combine exposure linked to silver prices
with dividend reinvestment.

The “physical ETF × tokenization” structure
is quietly gaining presence.