Tokenizing Silver on Solana: Mark Tormey (Founder, Dominion) on Bringing Real World Silver On-Chain

Silver is the one commodity everyone forgot to tokenize. Mark Tormey, founder of Dominion, is fixing that: real, vaulted, audited silver, one token per ounce, live on Solana and built to plug straight into DeFi. This episode is a masterclass in what it actually takes to bring a physical asset on-chain without cutting corners on trust.What we cover🥈 What Dominion actually is: one token = one ounce of real silver, tracking spot price and fully DeFi composable on Solana🏦 Custody and proof of reserves: how NDV vaults, insures, and audits every bar in Fort Worth, Texas, with daily attestations and monthly physical audits📦 How physical redemption works: KYC/KYB, minimum redemption sizes, and shipping real silver to your door🔒 Why Dominion is over-collateralized, and how that math actually works🚀 Go-to-market: a 4x oversubscribed whitelist, lending and borrowing demand, and a covered call yield strategy in the works🕵️ The uncomfortable truth about RWA transparency: why some "proof of reserves" are just a jeweler's letter, and how Dominion is trying to set a higher bar🏆 Who's actually winning in RWAs right now (shoutout Backpack Securities and Paxos) and what Dominion can learn from them🌐 Why Solana, and it's not just about speed and fees: the community, the institutional push, and House of Sol in the UK💼 The team behind Dominion: 30 years of UK banking expertise, real mining and vault operators, and how Dominion is funding growth without a VC round (yet)Links🎙️ The Index Podcast on YouTube: https://www.youtube.com/@theindexpodcast 🌐 Dominion website: https://dominionsilver.com/ 🐦 Dominion on X: https://x.com/Dominion_Market 🐦 Mark Tormey on X: https://x.com/scotsmancrypto 💼 Mark Tormey on LinkedIn: https://www.linkedin.com/in/mark-tormey-19800395/Show LinksThe Index X ChannelYouTube