Aurus
Aurus is a London-based Web3 platform that issues tSILVER, a blockchain token backed 1:1 by physical silver in audited vaults, offering 24/7 trading, fractional ownership, atomic settlement, and DeFi integration to crypto investors.
- Company typePrivate
- Founded2018
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
What Aurus does
Aurus is a London-based private Web3 company that operates a blockchain-based marketplace for tokenized precious metals. Its core product, tSILVER, is a digital token representing ownership of physical silver, with each token backed 1:1 by allocated bullion held in audited vaults and ownership recorded on decentralized ledgers. The platform supports 24/7 trading, fractional ownership to 18 decimal places, atomic settlement, integration with DeFi protocols for lending and collateral, and physical redemption rights — features positioned as improvements over traditional silver ETFs and T+2 settlement workflows. Targeted primarily at blockchain- and crypto-native investors seeking direct, verifiable exposure to physical silver, the company enables secondary-market trading, token creation, and physical redemption as its primary value proposition.
Revenue is generated through transaction-based fees on token trading, settlement, creation, and redemption activity, an infrastructure-level monetization model that scales with on-platform volume. Technology architecture centers on token issuance and on-chain reserve verification, including integration with Chainlink Proof of Reserve for automated matching of vaulted metal to circulating token supply. Aurus also extended its physical footprint via the July 2022 acquisition of Dubai Multi Commodities Centre (DMCC), positioning within a major global commodities free zone. Operational scale remains modest: founded in 2018, with 11–50 employees and total disclosed funding of approximately $1.11M (March 2020, Silver Rock Group). Public disclosures are limited — no specific pricing schedules, named enterprise customers, regulated-jurisdiction licensure, or audited financial metrics are available in the input sources.
Aurus firmographics
Firmographics- Name
- Aurus
- Website
- https://aurus.io
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Aurus is a London-based Web3 platform that issues tSILVER, a blockchain token backed 1:1 by physical silver in audited vaults, offering 24/7 trading, fractional ownership, atomic settlement, and DeFi integration to crypto investors.
- Ownership category
- akta.pro rank
Aurus industry classification
Industry- Product category
- Tokenized Precious Metals / Digital Asset Platform
- NAICS
- Securities and Commodity Exchanges (52321), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Commodity Contracts Brokers & Dealers (6221), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- RWA Tokenization Platforms (asset onboarding, structuring, issuance) (FSAPAIAC)
- akta.pro secondary industries
- Tokenization Platforms (RWA, Securities, Funds) (FSAGAMAA), Digital Asset Custody & Wallet Infrastructure for Institutions (MPC/HSM, key mgmt, policy controls) (FSAPAIAE)
Keywords
Where Aurus is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Markets served
Aurus business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure
Revenue model
- Token Trading and Settlement: Revenue generated from tokenized silver trading activities, atomic settlement transactions, and token creation/redemption fees.
Go-to-market motion1 record
Aurus product offering
Product offeringCore offering
Aurus operates a blockchain-based tokenization platform that issues tSILVER, a digital asset where each token represents a specific weight of physical silver backed 1:1 by allocated bullion stored in audited vaults. The platform enables 24/7 trading, fractional ownership down to 18 decimal places, atomic settlement, and physical redemption rights, allowing investors to access silver exposure through decentralized ledger-verified ownership.
Product overview
Aurus offers a single tokenized precious metals product portfolio. The primary product is tSILVER, a blockchain-based digital asset that represents ownership of physical silver, enabling 24/7 trading, fractional ownership down to 18 decimal places, and atomic settlement.
Differentiator
Problem solved
Functional benefit
Products and services
- tSILVER
Quantifiable outcome
- Fractional ownership down to 18 decimal places
- +1 more outcomes
Companies that use Aurus
Customer profileSegments1 record
Ideal customer profiles1 record
Aurus technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Aurus partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Kinesis Silver (KAG)minorMentioned as a comparable implementation in the tokenized silver space alongside Aurus (tSILVER) and Lode (AUX). Not a formal partnership but competitive positioning in the same category.
Recent moves5 records
Expansion highlights5 records
Aurus competitors and assessment
Company assessmentBroad incumbents
- Ondo Finance: Tokenized treasury and yield products backed by real-world assets. Adjacent RWA tokenization player addressing a broader financial-instrument category than Aurus's metals focus.
- Tether Gold (XAUT): Tokenized gold issued by Tether with physical bullion backing and on-chain transferability. Larger, broader-issuer competitor in the tokenized precious-metals space serving a wider crypto-investor base.
- Securitize: Enterprise tokenization platform for real-world assets including funds and securities. Comparable RWA tokenization infrastructure provider serving institutional issuers.
- MakerDAO (Sky): Decentralized protocol with significant real-world asset collateral integrations (including tokenized commodities and treasuries). Represents both a potential DeFi integration partner and an institutional-grade RWA competitor.
Direct peers
- Kinesis: Issuer of Kinesis Silver (KAG), a tokenized silver product with physical backing. Directly comparable to Aurus's tSILVER in product, backing model, and target crypto-investor segment; explicit industry-peer reference in source data.
- Lode: Operator of AUX, a tokenized silver digital asset backed by physical bullion. Same RWA precious-metals category as Aurus; called out alongside Kinesis as comparable implementations in the source.
- Paxos Gold (PAXG): Regulated, 1:1 gold-backed token from Paxos with on-chain verification and redemption rights. Comparable product architecture to tSILVER (allocated bullion backing, on-chain representation), differing only by metal.
- Perth Mint Gold Token (PMGT): Gold-backed digital token issued by a government-linked refinery with allocated physical backing. Comparable to tSILVER in the allocated-bullion-backed token model with redemption rights.
Emerging players
- Digix (DGX): Pioneer in tokenized gold on Ethereum, each token representing 1 gram of allocated gold. Shares Aurus's allocated-bullion, fractional-ownership approach to tokenized commodities.
- Polymesh: Permissioned blockchain purpose-built for regulated security tokens and real-world asset issuance. Comparable enterprise-grade tokenization infrastructure for regulated commodity and securities assets.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights5 records
Customer concentration
Aurus social profiles
Digital presenceAurus financial estimates
Financial estimateRevenue estimate
Valuation estimate
Aurus leadership team
Management profileNumber of profiles
Profiles5 records
Aurus funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Aurus M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Aurus
What does Aurus do?
Aurus operates a blockchain-based tokenization platform that issues tSILVER, a digital asset where each token represents a specific weight of physical silver backed 1:1 by allocated bullion stored in audited vaults. The platform enables 24/7 trading, fractional ownership down to 18 decimal places, atomic settlement, and physical redemption rights, allowing investors to access silver exposure through decentralized ledger-verified ownership.
Is Aurus a public or private company?
Aurus is a private company. It is classified as venture growth investor backed and is currently operating.
When was Aurus founded?
Aurus was founded in 2018. It employs 11 to 50 people.
Where is Aurus based?
Aurus is headquartered in London, United Kingdom, in the Europe region.
How does Aurus make money?
One revenue line is on record: token Trading and Settlement.
Who are Aurus's main competitors?
Broad incumbents on record are Ondo Finance, Tether Gold (XAUT), Securitize and MakerDAO (Sky). Direct peers are Kinesis, Lode, Paxos Gold (PAXG) and Perth Mint Gold Token (PMGT). Emerging players are Digix (DGX) and Polymesh.
Does Aurus have an API?
No public API is recorded for Aurus.
What industry is Aurus in?
Aurus's product category is Tokenized Precious Metals / Digital Asset Platform. Its primary akta.pro industry code is FSAPAIAC, RWA Tokenization Platforms (asset onboarding, structuring, issuance), with a secondary code of FSAGAMAA, Tokenization Platforms (RWA, Securities, Funds). Its NAICS code is 52321 and its SIC code is 6211.