Key Takeaways
- • Hyperscale Data (NYSE American: GPUS) said its subsidiary Ault Global Commodities completed the tokenization of 5,000 troy ounces of physical silver, with each token representing one troy ounce, according to a company press release.
- • The tokenized silver is listed on Ault Markets, a platform providing access to a decentralized exchange on the Ault Blockchain, with trading expected to begin within weeks.
- • Token holders can redeem in 100-token increments for physical silver delivery; the metal is stored at The Wyoming Reserve.
- • Access to the platform remains invitation-only in beta, following the company's October 8, 2026 launch announcement.
- • Executive Chairman Milton "Todd" Ault III said the company intends to evaluate tokenizing additional precious metals and other real-world assets, subject to legal, regulatory, custody and operational requirements.
Summary
Each token represents one troy ounce of silver. Holders may redeem tokens for physical silver delivery in 100-token increments, and the underlying metal is stored at The Wyoming Reserve. The company had announced on October 8, 2026 the launch of invitation-only access to the decentralized exchange through Ault Markets, with plans to introduce tokenized precious metals. The platform remains in an invitation-only beta phase, with eligible participants able to request access through the company's website.
Executive Chairman Milton "Todd" Ault III said the company had told stockholders earlier in the year that it intended to acquire physical silver and build infrastructure to tokenize real-world assets. He stated the company purchased the silver, established precious metals procurement and custody relationships, launched DEX access, and has now completed tokenization of its initial 5,000 ounces.
The company said it will evaluate opportunities to tokenize additional precious metals and other real-world assets, subject to applicable legal, regulatory, custody and operational requirements. Hyperscale Data operates through Sentinum, Inc., which owns and operates a data center offering colocation and hosting services. The company also expects to divest its subsidiary Ault Capital Group in 2027. Publisher context indicates the company previously reported holding 10,000 ounces of silver and has planned a silver reserve program targeting up to 100,000 ounces.
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