Hyperscale Data Subsidiary Tokenizes 5,000 Ounces of Silver

Hyperscale Data, Inc. announced that its indirect wholly owned subsidiary, Ault Global Commodities, Inc. (AGC), completed tokenization of 5,000 troy ounces of physical silver. The tokens are listed on Ault Markets, adding a silver product to the company’s blockchain exchange offering.

Each token represents one troy ounce of silver. Physical redemption is available in increments of 100 tokens, equivalent to 100 troy ounces.

Ault Markets provides access to a decentralized exchange (DEX) operating on the Ault Blockchain. Access to the DEX through Ault Markets remains invitation-only in beta, and trading in the silver tokens has not started.

Hyperscale Data announced live, invitation-only beta access to the DEX through Ault Markets on Oct. 8. At the time, it also identified tokenized gold and platinum as planned offerings.

Silver-token trading is expected to begin within weeks, with no specific start date announced.