ChainCatcher message, Matrixport’s RWA platform Matrixdock announced the official deployment of its gold-backed token XAUm on the Solana blockchain. Each XAUm token is fully backed by 1 troy ounce of physical gold that meets LBMA standards with a purity of 99.99%, stored in institutional-grade vaults and subject to independent third-party audits.
In terms of ecosystem applications, XAUm has native integration with Solana’s DeFi system, with initial liquidity deployed on Raydium and price oracle services provided by Pyth. Future plans include expansion into lending markets. Regarding security, the Solana smart contracts supporting XAUm have been audited by Accretion and Sec3. Previously, Matrixdock supported the Kingdom of Bhutan in launching the sovereign gold-backed token TER on Solana as a technology provider. This deployment marks a further step in bringing institutional-grade gold assets into on-chain financial infrastructure.
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