On June 24, PANews reported that Matrixdock, a leading RWA tokenization platform under BIT (formerly Matrixport), announced that its tokenized gold product, XAUm, has officially launched on the Stellar network. As part of its on-chain reserve diversification strategy, the Stellar Development Foundation (SDF) will make a direct investment in XAUm, further solidifying XAUm’s status as a reserve-grade asset for institutional reserve allocations. Currently, XAUm is among the top four tokenized gold products globally and the largest in Asia, with over 88,000 unique on-chain addresses and approximately 730,000 transactions completed across its ecosystem.
Matrixdock expands tokenized gold XAUm to the Stellar network, with SDF to invest directly
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Summary
Matrixdock has expanded its tokenized gold product, XAUm, to the Stellar network, marking a significant on-chain update. The Stellar Development Foundation (SDF) will directly invest in XAUm, reinforcing its role as a reserve asset. XAUm now ranks among the top four global tokenized gold products, with over 88,000 unique addresses and 730,000 transactions. This move follows a network upgrade strategy aimed at diversifying on-chain reserves.
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