International News
DMCC unveils world’s largest silver bar – Guinness World Records recognizes 1,971kg asset
DMCC sets a global benchmark by unveiling the world’s largest silver bar and pioneering its tokenisation—merging precious metals, technology, and regulated digital innovation in a historic industry first.
DMCC has unveiled the world’s largest silver bar – a record-breaking 1,971kg asset officially recognised by Guinness World Records. Revealed at the Dubai Precious Metals Conference (DPMC), the bar commemorates the founding year of the United Arab Emirates, symbolising national ambition, craftsmanship and innovation.
As part of a landmark project involving DMCC and leading industry players, the bar is now set to be tokenised through DMCC’s Tradeflow platform, marking the first time a Guinness World Record precious metal bar will undergo tokenisation under a regulated framework.
Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, said: “The 13th edition of the Dubai Precious Metals Conference has been marked by new records, highlighted by the unveiling of the world’s largest silver bar – a 1,971 kg, 1.3-metre-long bar that has set a Guinness World Record and honours the UAE’s ambition and craftsmanship. This initiative reflects DMCC’s broader mission to connect trade, commodities, finance and technology, demonstrating how physical assets can be digitised and accessed through trusted and transparent frameworks.”
The project brings together UAE-based precious metals refiner Sam Precious Metals, responsible for the bar’s production; Tokinvest, a VARA-regulated platform leading the digital tokenisation and issuance process; and Brink’s, which will oversee secure storage and logistics.
International News
Kering Invests in China’s Gold Jewelry Surge as Laopu’s Explosive Growth Reshapes Market
Heritage-gold brands Borland and Lamchiu secure major funding amid soaring demand, fueled by Laopu’s meteoric rise and China’s booming 24-karat segment.
A wave of investor interest is sweeping through China’s gold jewelry sector as the rapid rise of Laopu Gold Co. galvanizes confidence in the country’s high-end heritage gold market. The latest beneficiary is Borland, a Hangzhou-based jeweler known for its traditional filigree craftsmanship, which this week announced more than 100 million yuan ($14 million) in new funding.
The investment round includes contributions from Kering Ventures, the startup arm of luxury group Kering SA, and Shunwei Capital, co-founded by Xiaomi chairman Lei Jun. Kering noted that its minority stake enables participation in the “rapid development of a particularly buoyant 24-karat gold jewelry segment,” reflecting growing appetite for culturally rooted premium gold pieces.
Meanwhile, Dayone Capital has made a separate investment exceeding 100 million yuan in Lamchiu, a Lanzhou-based maker of handcrafted bespoke gold jewelry. The firm will support Lamchiu in expanding distribution and reinforcing the brand’s supply-chain capabilities.
The surge of capital follows the remarkable ascent of Laopu, which has become one of China’s breakout jewelry success stories. The company reported 12.4 billion yuan in revenue in the first half of 2025 — a year-on-year increase of over 250%, building on 168% growth from the previous year. Laopu’s momentum has outpaced Western luxury houses struggling with softer China demand.
Heritage gold jewelry — deeply rooted in Chinese aesthetics and traditional techniques like filigree — is attracting a new generation of luxury consumers. Brands like Laopu, which operate in top-tier malls, increasingly compete with global maisons such as Hermès and Cartier for clientele.
Despite strong digital followings, newer brands still face distribution gaps. Borland operates only three mall stores, while Lamchiu, despite amassing more than 1 million followers on Douyin, runs just one physical outlet in Lanzhou. Both companies plan to use their fresh funding to accelerate expansion and strengthen operational infrastructure.
The latest investments signal rising confidence that China’s heritage-gold renaissance is evolving from a trend into a long-term luxury category shaping the future of the jewellery market.
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