Hyperscale Data launches silver-backed tokens

Hyperscale Data tokenized 5,000 troy ounces of silver, now listed on Ault Markets. Each token equals one ounce, redeemable in 100-token lots. Trading starts soon.

Hyperscale Data, Inc. has announced that its subsidiary, Ault Global Commodities, has successfully tokenized 5,000 troy ounces of physical silver. These tokens are now listed on Ault Markets, a software platform that provides access to a decentralized exchange built on the Ault Blockchain. Each token represents one troy ounce of silver and can be redeemed for physical delivery in increments of 100 tokens. The underlying silver is securely stored at The Wyoming Reserve, ensuring transparency and trust for token holders. Currently, Ault Markets is in an invitation-only beta phase. Eligible participants can request access through the company’s website. Trading of the silver-backed tokens is expected to begin within weeks, and the company plans to explore tokenizing additional precious metals and real-world assets in the future.