Latest / The Paul Barron Crypto Show / Final Silver Crash Before Tokenization Rally?🚀Denario CEO INTERVIEW🔥

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Final Silver Crash Before Tokenization Rally?🚀Denario CEO INTERVIEW🔥 · The Paul Barron Crypto Show

• 0:00
  Speaker 1: Let's dive into it today. Could we be seeing the
• 0:02
  Speaker 1: final silver crash starting to hit the market. We'll break
• 0:05
  Speaker 1: it down for you. Don't want to miss it. Let's
• 0:06
  Speaker 1: get into it quickly. Of course, I do want to
• 0:08
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• 0:11
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• 0:15
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• 0:17
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• 0:20
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• 0:21
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• 0:26
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• 0:29
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• 0:32
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• 0:35
  Speaker 1: link down below. It does help us out. Before we
• 0:37
  Speaker 1: bring on our guest today from Denario, I want to
• 0:39
  Speaker 1: go over to the silver chart just to give you
• 0:41
  Speaker 1: guys an insight on what's been happening. Obviously, we've been
• 0:43
  Speaker 1: seeing gold start to adjust. Silver down almost seven percent
• 0:47
  Speaker 1: right now on the daily this course. Looking at the
• 0:49
  Speaker 1: silver overall chart and this retlacement we believe is this
• 0:53
  Speaker 1: is healthy, so a potential pullback then a little bit
• 0:56
  Speaker 1: of a sideways bounce and then another five thousand dollar target.
• 1:00
  Speaker 1: This is in reference to gold, So what is this
• 1:02
  Speaker 1: going to look like for silver? Obviously we want to
• 1:06
  Speaker 1: learn a little bit more about that, so we asked
• 1:08
  Speaker 1: the Donario team to come on and I've got the CEO,
• 1:11
  Speaker 1: Young Hanley, who is coming in from Donario. Great to
• 1:13
  Speaker 1: have you.
• 1:14
  Speaker 2: I thank you have for having me here. You look
• 1:16
  Speaker 2: at the.
• 1:16
  Speaker 1: Pullback right now that we're seeing within silver, and also
• 1:20
  Speaker 1: just the explosion that we've seen in tokenized commodity commodities
• 1:25
  Speaker 1: over this last six months. Is this something that you
• 1:28
  Speaker 1: would anticipate as a normal process in a market like
• 1:33
  Speaker 1: what we're dealing with silver, because this is kind of
• 1:34
  Speaker 1: a new thing for silver to see these kind of numbers.
• 1:37
  Speaker 3: Yeah, I mean, I think still we are in a
• 1:42
  Speaker 3: phase where we have multi year deficit. The mind supply
• 1:45
  Speaker 3: and the recycling isn't keeping up with the demand from
• 1:49
  Speaker 3: the industry and the investment. Actually, like a year ago,
• 1:53
  Speaker 3: I always promoted that we see this huge demand or
• 1:58
  Speaker 3: increase of prices, and I think what we just faced
• 2:02
  Speaker 3: in the last three days with some correction, as you mentioned,
• 2:06
  Speaker 3: it is healthy, but still I got constant costs that
• 2:11
  Speaker 3: people want to buy silver, so they want to buy dips.
• 2:15
  Speaker 2: There are new.
• 2:16
  Speaker 3: Players coming into the civil because they now see that
• 2:19
  Speaker 3: in the media that civil price is taking up.
• 2:22
  Speaker 2: Sure.
• 2:22
  Speaker 1: As far as the current state of the supply crisis,
• 2:26
  Speaker 1: that has been explained by analysts and a lot of
• 2:29
  Speaker 1: people in the silver market. We've had many guys on
• 2:32
  Speaker 1: our show that have talked about this for quite some time,
• 2:35
  Speaker 1: that this was coming and that it is now here.
• 2:38
  Speaker 1: The supply crisis. You look at what has happened within
• 2:42
  Speaker 1: the London exchanges.
• 2:44
  Speaker 2: Is this real?
• 2:45
  Speaker 1: Do you feel like there is still a supply crisis
• 2:48
  Speaker 1: going on with silver in the market.
• 2:50
  Speaker 2: Yeah.
• 2:50
  Speaker 3: I think we had in the past a lot of
• 2:52
  Speaker 3: speculators on falling silver prices, and we know that the
• 2:57
  Speaker 3: silver market has been manipulated in the last five six years,
• 3:02
  Speaker 3: so I think that was kind of coming, especially with
• 3:06
  Speaker 3: the industry demand. What we see with new technologies or
• 3:11
  Speaker 3: new products like the solid state batteries, let's say, more
• 3:15
  Speaker 3: sustainable and green tech sector coming up, and that increases demand.
• 3:20
  Speaker 1: Why do you think we have not seen the tokenized
• 3:23
  Speaker 1: silver beyond I know Denario of course is tokenizing silver,
• 3:27
  Speaker 1: but beyond Denario and a handful of others. I mean,
• 3:30
  Speaker 1: you've got to other paso, some of the biggest suppliers
• 3:33
  Speaker 1: out there in terms of digital assets that have tokenized gold.
• 3:36
  Speaker 1: Why have we not seen this in the silver market.
• 3:38
  Speaker 1: What do you think it is?
• 3:39
  Speaker 3: Well, first of all, the gold market way bigger. I
• 3:42
  Speaker 3: mean it's two hundred times bigger than silver. So silver
• 3:45
  Speaker 3: is still a niche although everyone knows because of civil
• 3:48
  Speaker 3: coins from the anciente time how it was used and
• 3:52
  Speaker 3: the silver ware and so forth. But still like as
• 3:56
  Speaker 3: an investment and as a store of value, gold is
• 3:59
  Speaker 3: way more prominence. So that's why we also see a
• 4:02
  Speaker 3: lot more go token projects than silver project. Everyone says,
• 4:06
  Speaker 3: like the volatilities is too high, so that's why they
• 4:10
  Speaker 3: don't want to keep silver put it in a portfolios.
• 4:13
  Speaker 3: Now with all the silver price increase, plus we as
• 4:17
  Speaker 3: a token azed silver, we are actually really focusing on
• 4:22
  Speaker 3: physical backed token. So we our token is that you
• 4:27
  Speaker 3: own you are the legal owner of the of the
• 4:30
  Speaker 3: silver on the length silver.
• 4:32
  Speaker 1: Yeah, I'm looking at your website scenario dot Swiss and
• 4:37
  Speaker 1: you've got the mobile app, the browser wallet, even the
• 4:40
  Speaker 1: web three side of things where you can kind of
• 4:42
  Speaker 1: look at different features and advantages. First of all, how
• 4:46
  Speaker 1: are you guys tokenizing silver today? What's the process?
• 4:50
  Speaker 3: I want to emphasize that actually we tokenize silver granulate
• 4:54
  Speaker 3: and not silver bars or coins, which are bank precious
• 4:57
  Speaker 3: metal and silver granules are classified as industry material has
• 5:02
  Speaker 3: a few advantages. It can not be confiscated by the
• 5:06
  Speaker 3: government and it's more robust against compared to bullions. We
• 5:12
  Speaker 3: store than physical first in our high security storage and
• 5:16
  Speaker 3: a free port, and then once we have the confirmation
• 5:21
  Speaker 3: that it is stored in our storage, then we tokenize
• 5:25
  Speaker 3: or mint our tokens. And with that here, based on
• 5:30
  Speaker 3: the Swiss deality law which exists since twenty twenty one,
• 5:34
  Speaker 3: it is possible that we transfer the legal ownership through token.
• 5:38
  Speaker 2: So you, as a token holder, you.
• 5:40
  Speaker 3: Are actually the legal owner of the underlying physical silver
• 5:46
  Speaker 3: and have always the claim to redeem it.
• 5:49
  Speaker 1: So you can redeem physical silver. Do you guarantee delivery
• 5:53
  Speaker 1: if somebody wanted to redeem it?
• 5:55
  Speaker 2: Sure, because it's always over collateralized.
• 5:59
  Speaker 3: So we have the silver first and then mint the token,
• 6:02
  Speaker 3: so we have we are transparent that we have proof
• 6:05
  Speaker 3: of reserve as an oracle on chains and you always
• 6:09
  Speaker 3: can verify how much silver we have and how much
• 6:13
  Speaker 3: token supply it is available.
• 6:15
  Speaker 1: All right, I'm looking at your site right here. This
• 6:17
  Speaker 1: is the correlation to DS, which is the token ied silver.
• 6:21
  Speaker 1: You can do this on UNI swap guys. I'll show
• 6:23
  Speaker 1: you this in a second, but you can see the
• 6:26
  Speaker 1: price right there at fifty four to eighty last refresh
• 6:28
  Speaker 1: right there. As we look at this and within the
• 6:33
  Speaker 1: blockchains that are being used, you got Polygon in there, Sonya, BnB, etc.
• 6:37
  Speaker 1: So if you want to find you can describe that
• 6:38
  Speaker 1: smart contract right there, stick it into us to unicewap
• 6:42
  Speaker 1: and be able to track this one down. But explain
• 6:45
  Speaker 1: how the price is calculated, because when we were looking
• 6:48
  Speaker 1: at this, say a comparison over here on unie swap,
• 6:52
  Speaker 1: doing an exact swap here, there's a slight arbitrage variance here.
• 6:57
  Speaker 1: Is that normal?
• 6:59
  Speaker 2: Is? What? Why are we.
• 7:00
  Speaker 1: Seeing two different things? Is it just the update?
• 7:02
  Speaker 2: What's going on? Yeah?
• 7:04
  Speaker 3: Actually, I mean the union we just we are in
• 7:07
  Speaker 3: the process of preparing to put more liquidity into the unis.
• 7:13
  Speaker 3: So that's why there we have a lot more very
• 7:16
  Speaker 3: volatility on the price because depending on the demand, we
• 7:22
  Speaker 3: have a TV of one point a bit more than
• 7:25
  Speaker 3: one point four million on silver so we are still
• 7:29
  Speaker 3: in a more rampop phase where we increase our supply
• 7:34
  Speaker 3: on primary market. We try to conclude by mid November
• 7:38
  Speaker 3: to have enough liquidity that the price also is equal
• 7:43
  Speaker 3: to our DC price on the website.
• 7:45
  Speaker 1: Yeah, I'm looking at defai Lama right here to validate
• 7:48
  Speaker 1: what you're claiming here in terms of the growing TVL.
• 7:51
  Speaker 2: So that's good.
• 7:52
  Speaker 1: Now, are you planning to make this available on other
• 7:56
  Speaker 1: chains beyond Polygon B and B et cetera, like Avalanche,
• 8:00
  Speaker 1: et cetera.
• 8:01
  Speaker 2: Actually, we are multi chain, so where we.
• 8:03
  Speaker 3: See the need and demand of our token to beyond
• 8:08
  Speaker 3: that chain, we will deploy. So we own the process
• 8:12
  Speaker 3: how to tokenize the technology. We can really bridge and
• 8:16
  Speaker 3: deploy it on any any change. But maybe on that
• 8:20
  Speaker 3: question you just mentioned before on the pricing, I want
• 8:24
  Speaker 3: to also emphasize that our price has also a markup
• 8:29
  Speaker 3: on on the silverspop price. But unlike other let's say
• 8:35
  Speaker 3: gold or silver project, we don't have recurring fees. Means
• 8:39
  Speaker 3: for custody, insurance and management fees. There is no no
• 8:43
  Speaker 3: recurring and the value of the token remain stable.
• 8:48
  Speaker 2: There is no slow leakage of the value.
• 8:52
  Speaker 1: I see, is there plans to move d s C
• 8:55
  Speaker 1: onto tradable you know, centralized exchanges or on the DEXes
• 9:00
  Speaker 1: you know, in the future.
• 9:01
  Speaker 2: Yeah, definitely.
• 9:02
  Speaker 3: I mean I think everyone knows that before put it
• 9:06
  Speaker 3: on a secondary market, we need to have a substantial
• 9:11
  Speaker 3: and relevant size of TV on the primary market. And
• 9:15
  Speaker 3: since it is physical back, we cannot just mint tokens
• 9:19
  Speaker 3: one million of tokens and then put it on the exchange.
• 9:23
  Speaker 2: So that's why we need.
• 9:25
  Speaker 3: To have purchased like really, it's privacys that they believe
• 9:30
  Speaker 3: that this is the future.
• 9:32
  Speaker 2: It's an innovative product.
• 9:34
  Speaker 3: With that ticket size, we increase our TV and we
• 9:38
  Speaker 3: will also then put it on the secondary market on
• 9:40
  Speaker 3: central exchange. We are in constant discussions already, but I
• 9:44
  Speaker 3: mean it comes up for free, so that's why we
• 9:46
  Speaker 3: are looking for a good economic timing.
• 9:50
  Speaker 1: Yeah, all right. A couple of questions first is supply.
• 9:53
  Speaker 1: How do you guys go out to the market to
• 9:55
  Speaker 1: be able to pull in supply. You're mentioning this is
• 9:58
  Speaker 1: industrial grade, so where are your market makers?
• 10:02
  Speaker 3: Yeah, we work with a partner and precious metal partner
• 10:06
  Speaker 3: trading partner here in Switzerland is also one of our shareholders.
• 10:11
  Speaker 3: They are an established partner since more than fifteen years.
• 10:16
  Speaker 3: They're doing as a core business focus on silver, but
• 10:20
  Speaker 3: they have also gold product or a gold granary product,
• 10:23
  Speaker 3: but the main product is silver. So that's why we
• 10:26
  Speaker 3: work with them together and they have always an access
• 10:29
  Speaker 3: and also ensure that they can also redeem it but
• 10:33
  Speaker 3: also sell it back to the refinery. So all this
• 10:37
  Speaker 3: silver grinder CROM comes from recycling refineries, so it is
• 10:42
  Speaker 3: always high quality and four nines purity.
• 10:47
  Speaker 1: Let me ask you about this because this is something
• 10:49
  Speaker 1: we're seeing quite a bit on in terms of yield opportunities.
• 10:52
  Speaker 1: This happens within the gold market quite a bit. Here's
• 10:55
  Speaker 1: PACSG kind of talking about this. Any opportunities where we
• 10:59
  Speaker 1: could see yield opportunities in DeFi for DSc coming down
• 11:02
  Speaker 1: the pipe.
• 11:03
  Speaker 3: Yes, we did already approve of concept with collateralized borrowing
• 11:08
  Speaker 3: protocol and also that was also the reason that from
• 11:12
  Speaker 3: day one we wanted to be optimally integrated in the
• 11:15
  Speaker 3: defile space. So that's why we came up with no
• 11:20
  Speaker 3: recurry fees because especially if in lending and borrowing, it
• 11:25
  Speaker 3: is crucial that you have a stable value and always
• 11:29
  Speaker 3: the same amount. That's why we said Okay, we don't
• 11:32
  Speaker 3: have recurry fees, and it can be integrated and used
• 11:37
  Speaker 3: in the DeFi space.
• 11:38
  Speaker 1: Yeah. Here in the US, Florida, the state we're in,
• 11:42
  Speaker 1: passed the law here recently where they're recognizing gold and
• 11:46
  Speaker 1: silver coins as legal tender where it can be used
• 11:49
  Speaker 1: to you know, for all sorts and people have to
• 11:51
  Speaker 1: be able to accept it. Do you feel like this
• 11:53
  Speaker 1: is going to pressure the opportunity for boosting both silver
• 11:58
  Speaker 1: and big and gold in general, especially if you see
• 12:02
  Speaker 1: other states starting to kind of adopt this model.
• 12:05
  Speaker 3: We will see how much the impact will be on
• 12:08
  Speaker 3: the market and also on the civil price. But I think,
• 12:11
  Speaker 3: I mean, we know that silver coins how it is,
• 12:15
  Speaker 3: was used in the ancient time. It was the trusted
• 12:18
  Speaker 3: method of payment. The adoption comes especially in those countries
• 12:22
  Speaker 3: with high inflation, with hyper inflation. They see there is
• 12:27
  Speaker 3: a real problem there, right, and then that's a real
• 12:29
  Speaker 3: solution to actually a good solution to solve that. And
• 12:34
  Speaker 3: I think, yeah, depending a bit on the outlook of
• 12:39
  Speaker 3: all these countries in the emerging markets, then we will
• 12:43
  Speaker 3: see how much impact they will have on the civil price.
• 12:46
  Speaker 1: Talk to me about the quality or the safeness of
• 12:50
  Speaker 1: holding the physical asset here in the US versus like
• 12:54
  Speaker 1: what you guys are doing there in Switzerland. Is there
• 12:57
  Speaker 1: a difference between US and Swiss silver.
• 13:01
  Speaker 3: I mean, we saw in the last few months with
• 13:05
  Speaker 3: all these changes of terrorists or introducing terrorists, and then
• 13:09
  Speaker 3: you see that one is like on one day we
• 13:12
  Speaker 3: move everything from one country to the other, and so
• 13:16
  Speaker 3: that's definitely I think one of the impact. But I
• 13:19
  Speaker 3: mean Switzerland is well known as a safe and stable political,
• 13:25
  Speaker 3: stable environment. So that's also one of the reasons why
• 13:29
  Speaker 3: already now we hold a lot of valuable assets not
• 13:34
  Speaker 3: only precious matter, but our arts and so forth here
• 13:37
  Speaker 3: in Switzerland. For global customers, it is maybe also a
• 13:40
  Speaker 3: good consideration to diversify geographically your holdings, not only having
• 13:47
  Speaker 3: everything in the US but also have something here in Switzerland.
• 13:51
  Speaker 1: Well, that's always a good, you know, a good strategy
• 13:53
  Speaker 1: diversification and also just leveraging I shouldn't say leverage, but
• 13:57
  Speaker 1: hedging against a lot of these volatility scenarios that play
• 14:01
  Speaker 1: out in these geo economic conditions that we're dealing with.
• 14:06
  Speaker 1: Price for silver by end of year, do you think
• 14:08
  Speaker 1: we're going to continue to see this upward trend here
• 14:11
  Speaker 1: or what is your anticipation.
• 14:13
  Speaker 3: I think yes, I mean, the trend is definitely not
• 14:18
  Speaker 3: stopped yet. Every correction is healthy. But again, I mean
• 14:24
  Speaker 3: there are people who just waiting to enter this market
• 14:29
  Speaker 3: and buy silver. I'm very cautious with price codes, but
• 14:33
  Speaker 3: at some point I think we also reach a three
• 14:37
  Speaker 3: digit price.
• 14:38
  Speaker 2: The question is when, but not only Yeah.
• 14:42
  Speaker 1: Well, a lot of people looking at silver of course
• 14:44
  Speaker 1: as a critical one as far as the tokenization side
• 14:47
  Speaker 1: of thing, because this is the thing we don't understand
• 14:49
  Speaker 1: is why it hasn't been tokenized already and really pushed
• 14:52
  Speaker 1: down into the market at a scale where there's many
• 14:55
  Speaker 1: products like yours out there. Do you think that tokenized
• 14:59
  Speaker 1: silver at scale will increase adoption in terms of an
• 15:04
  Speaker 1: investment portfolio item?
• 15:06
  Speaker 3: I mean in the financial traditional financial sector, we see
• 15:09
  Speaker 3: also this trend to tokenize everything, right, yeah, and also
• 15:14
  Speaker 3: precious metal or particular silver and go and silver. It
• 15:19
  Speaker 3: makes sense because it's big, large clumby sizes, and to
• 15:24
  Speaker 3: have the and tokenized version means it is physical there
• 15:29
  Speaker 3: you're the legal owner, but you keep the ownership in
• 15:32
  Speaker 3: a new wallet who has no other party access. So
• 15:38
  Speaker 3: and on top of that we can add new features
• 15:41
  Speaker 3: like the defied integration to turn it to a year
• 15:44
  Speaker 3: pairing product, but also lend your silver with just a
• 15:50
  Speaker 3: few clicks. Plus on top of that, we can add
• 15:54
  Speaker 3: the convenience to pay for in your daily life for
• 15:57
  Speaker 3: goods and services. So that's why I think organization we'll
• 16:01
  Speaker 3: be just an evolution of the next way for the
• 16:04
  Speaker 3: next phase of digitalization.
• 16:06
  Speaker 1: Yeah, well, I'm looking at the token is commodity market
• 16:10
  Speaker 1: CAAP right now three point sixty four billion. Interesting here
• 16:13
  Speaker 1: is the Ethereum activity, but even the Plume network. I
• 16:16
  Speaker 1: know you guys are on a bmb's slight, but this
• 16:19
  Speaker 1: is the growth that we're seeing in terms of total
• 16:21
  Speaker 1: active addresses out there within it nineteen thousand active addresses,
• 16:25
  Speaker 1: one hundred and fifty two thousand holders, which is up
• 16:29
  Speaker 1: six for almost seven percent from just thirty days ago.
• 16:32
  Speaker 1: So maybe that is an indicator here of more activity
• 16:35
  Speaker 1: coming in Jong Haun. It's been great having you on
• 16:39
  Speaker 1: the show. Thank you so much for coming in today.
• 16:41
  Speaker 1: We appreciate it.
• 16:42
  Speaker 2: Thank you very much. Paul.
• 16:43
  Speaker 1: You bet all right, You guys, make sure we're going
• 16:45
  Speaker 1: to be covering a little bit more around some of
• 16:47
  Speaker 1: these precious metals products because they do have correlation to
• 16:51
  Speaker 1: what's going on in the broader market, especially when it
• 16:54
  Speaker 1: comes to crypto and in general, bitcoin, ethereum, et cetera.
• 16:57
  Speaker 1: Make sure and jump into the Diamond Circle. That's a
• 16:59
  Speaker 1: place where you can additional content from us. We leave
• 17:01
  Speaker 1: a link down below. Catch me out there on X
• 17:03
  Speaker 1: at Paul Baron. We'll catch you next time right here
• 17:06
  Speaker 1: on The Paul Baron Show.