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Matrixdock’s tokenized dold XAUm launches on Sui

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Credit : cryptonews.net

Matrixdock has launched his flagship with gold token, Xaum, on the Sui Blockchain and marked the primary subject of Xaum on a non-EVM chain.

Abstract

  • Xaum is supported 1: 1 by LBMA-accredited gold of 99.99% purity and managed by Bureau Veritas.
  • The Sui Blockchain was chosen due to its parallel model, finality of Subsecond and horizontally scalable infrastructure.

Matrixdock, the main RWA-Tokenization Platform of Asia below Matrixport Group, has formally launched its flagship-SCHIP-Toked Gold Product Xaum on the Sui (Sui) Blockchain-Marking The primary time that Xaum has been spent in a non-EVM chain.

“By bringing Golden Onchain, Xaum transforms a standard static property into one with in depth digital use,” mentioned Eva Meng, head of Matrixdock. “We’re happy to increase Xaum to Sui, a blockchain that’s specifically constructed for scalability.”

“Tokenized belongings are the worldwide financing once more and Xaum on Sui is a robust instance of sui that leads the way in which on this wave of innovation,” mentioned Christian Thompson, director of the Sui Basis.

Matrixdock chosen the SUI blockchain for the Xaum launch due to the superior technical structure and rising consumer base. The parallel model of the blockchain, the finality of the Subsecond and horizontally scalable infrastructure make it very best for quick, cost-efficient and high-throughput tokenized asset transactions.

Possibly you additionally prefer it: Tether’s xaut mint pushes tokenized gold provide by 20% rise in a day

About Xaum

Xaum allows customers to protect, act, act and change bodily gold of institutional high quality, which mixes the steadiness of tangible gold with the velocity and transparency of blockchain expertise.

READ  DeFi soars with tokenized stocks, but user activity shifts to NFTs: Report

The token is absolutely supported 1: 1 by London Bullion Market Affiliation (LBMA)-accredited gold of 99.99% purity and undergoes rigorous audits by Bureau Veritas. The H1 2025 Bodily Gold Reserve Audit Report is publicly accessible.

Matrixdock's tokenized Dold Xaum launches on sui - 1

Supply: Matrixdock.com

Possibly you additionally prefer it: Tokenized gold breaks $ 19 billion in quantity, competing massive Gold ETFs

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