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On August 21, 2025, Matrixdock, Asia's leading real-world asset (RWA) tokenization platform under the Matrixport Group, announced the successful on-chain deployment of its gold token XAUm on the Sui network. This marks the first successful deployment of XAUm on a non-EVM compatible chain, representing a leap in technological architecture and supporting network scale for XAUm. The Sui Foundation will also conduct strategic reserves for XAUm, demonstrating its recognition of the project and further highlighting the strategic position of tokenized gold in on-chain asset portfolios in the Web3 era.
XAUm is the first gold token asset in the RWA tokenization track on the Sui network. With XAUm completing its on-chain deployment and fully integrating with the on-chain ecosystem, users in the Sui ecosystem can easily access XAUm and efficiently interact within the on-chain ecosystem. Currently, XAUm has reached cooperation with the underlying infrastructure on the Sui network, where Pyth Network will provide exclusive pricing for XAUm, and Slush has also launched XAUm to provide a smooth protocol interaction experience for on-chain participants. At the same time, the cooperation between XAUm and mainstream DeFi protocols on the Sui network has also entered the integration access phase, including Momentum, Navi, AlphaLend, Alphafi, and Nodo, which will successively complete XAUm integration, enriching XAUm's DeFi applications on the Sui network.
As a network built on the Move language, the Sui network has become a Layer 1 network that phenomenal DeFi protocols and RWA tokenization tracks are eager to deploy, with an on-chain TVL exceeding $2 billion. Matrixdock chose to redevelop its code based on the Move language and deploy XAUm on the Sui network because of its full trust in the underlying design and technical architecture of the Sui network. Leveraging the Sui network's infrastructure that supports sub-second responses under high pressure and full scalability, RWA tokenized assets can achieve efficient and rapid on-chain circulation. The Sui Foundation has also designed a special 'ecosystem incentive' for XAUm to strengthen its position as an important participant in the diversified investment tool of the Sui network.
Eva Meng, head of Matrixdock, stated, "By bringing physical gold on-chain, XAUm transforms traditional static assets into on-chain assets that possess both the attributes of physical gold and the rich scalability of the blockchain. We are excited to see XAUm deployed on the Sui network, and as the Sui Foundation incorporates XAUm into its strategic reserves, tokenized gold will further become the cornerstone of complex and diversified on-chain portfolio management. We hope to work closely with the Sui network to promote the development of RWA tokenization and broaden the access channels for on-chain tokenized gold."
"Real-world asset (RWA) tokenization is reshaping global finance, and XAUm on the Sui network is a strong example of our leadership in this wave of innovation. The Sui Foundation is also optimizing our Web3 asset strategic reserves and plans to allocate part of the reserve funds to XAUm," said Christian Thompson, Managing Director of the Sui Foundation. "Gold, as a traditional asset valued at over $22 trillion, is highly anticipated by our community. I am pleased to see the Sui network achieve deep ecosystem cooperation with XAUm, providing new avenues for the Sui community and traditional investors to participate in the gold market."
XAUm is a gold token issued by Matrixdock, pegged 1:1 to 99.99% pure gold certified by the London Bullion Market Association (LBMA), with regular audits ensuring transparency of its gold reserves. Recently, Bureau Veritas conducted a comprehensive audit of XAUm and publicly released the 'H1 2025 Physical Gold Reserve Audit Report', which showed that Matrixdock's gold holdings have increased by 500% over six months. XAUm combines the attributes of investment-grade gold bars with the efficiency of blockchain, allowing investors to easily hold, trade, engage in on-chain financial activities, or redeem institutional-grade physical gold. In the future, Matrixdock plans to offer physical redemption options for XAUm based on Brinks and Malca-Amit in Singapore and Hong Kong, broadening the channels for physical gold redemption in global markets.
About Sui
Sui is the pioneering Layer 1 blockchain and smart contract platform designed to enable fast, private, secure, and accessible ownership of digital assets for everyone. Its object-centric model based on the Move programming language supports parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage capabilities, Sui supports a wide range of applications with unparalleled speed and low cost. Sui represents a leap in blockchain technology and a platform that empowers creators and developers to build exceptional user-friendly experiences.
About Matrixport
Matrixport, founded in 2019, is a leading global one-stop cryptocurrency financial services platform dedicated to providing users with a super account that integrates functions including cryptocurrency asset trading, investment, lending, custody, RWA, and research. Matrixport's asset management and custody volume reaches $6 billion.
About Matrixdock
Matrixdock is the real-world asset (RWA) tokenization platform under the Matrixport Group, which launched Asia's first short-term U.S. Treasury token product (STBT) and will introduce a gold token (XAUm) pegged to 99.99% pure LBMA physical gold in 2024. Matrixdock aims to become the gateway for users to enter the high-quality real-world asset (RWA) investment market, focusing on building a trusted, safe, and compliant RWA ecosystem.
Matrixdock continues to promote upgrades in trust and governance standards in the digital asset field, providing investors with diversified asset allocation opportunities. With its innovations in trading and liquidity solutions, Matrixdock has received the '2023 TADS Ecosystem Excellence Award.'
