VaultChain™ Silver represents
fine silver held physically at the Royal Canadian Mint, and uses a blockchain distributed ledger
for data accuracy, real time tracking and transparent auditability.
How is a VaultChain™ Silver account different from a silver ETF?
Each unit of an ETF is a security that represents
equity ownership in a fund or trust that in turn holds physical silver with a bank or other
depository. The fund or trust charges owners an annual fee to cover management, storage, marketing
and administrative costs. Final beneficial owners do not directly own the underlying physical assets
held by the fund/trust and in most circumstances cannot take physical delivery of those assets. With
a VaultChain™ Silver account physical silver is owned directly by the final beneficiary, whose
holdings are stored on a bailor-bailee basis with RCM and recorded in VaultChain™’s blockchain
database; there is no trust or fund wrapper, which eliminates the associated management and
administrative fees. The underlying assets are deliverable at the request of the final
beneficiary(ies) through participating dealers.***
is available through the following authorized dealers.