Matrixdock completes its fourth independent reserve audit, for the first time including tokenized silver XAGm in the audit scope

PANews July 21 provides, BIT (formerly Matrixport)-backed RWA tokenization platform Matrixdock announced the completion of its fourth consecutive half-year independent reserves audit. For the second consecutive year, independent reserves verification has also been carried out by international inspection and certification body Bureau Veritas (BV). For the first time, the tokenized silver XAGm has been included in the audit scope. This audit covered 574 gold and silver metal bars from LBMA (London Bullion Market Association)-certified refineries, stored respectively in three institutional vaults in Singapore and Hong Kong.

The audit results show that the XAUm reserve assets are consistent with the number of circulating tokens; after applying the corresponding ozPerToken values, the XAGm reserve assets are also consistent with the number of circulating tokens. Upon verification, no discrepancies were found. Matrixdock said that, in addition to the independent reserves audit conducted every half year, the platform continues to publish monthly reserves reports, on-chain reserves proofs (Proof of Reserves), and the Gold Allocation Lookup (gold bar allocation query tool), continuously improving the transparency of underlying reserves and further refining its on-chain financial Reserve Layer (reserves layer).