Matrixdock has launched his flagship with gold token, Xaum, on the Sui Blockchain and marked the first issue of Xaum on a non-EVM chain.
Summary
- Xaum is supported 1: 1 by LBMA-accredited gold of 99.99% purity and controlled by Bureau Veritas.
- The Sui Blockchain was chosen because of its parallel version, finality of Subsecond and horizontally scalable infrastructure.
Matrixdock, the leading RWA-Tokenization Platform of Asia under Matrixport Group, has officially launched its flagship-SCHIP-Toked Gold Product Xaum on the Sui (Sui) Blockchain-Marking The first time that Xaum has been spent in a non-EVM chain.
“By bringing Golden Onchain, Xaum transforms a traditional static property into one with extensive digital use,” said Eva Meng, head of Matrixdock. “We are pleased to extend Xaum to Sui, a blockchain that is specially built for scalability.”
“Tokenized assets are the worldwide financing again and Xaum on Sui is a powerful example of sui that leads the way in this wave of innovation,” said Christian Thompson, director of the Sui Foundation.
Matrixdock selected the SUI blockchain for the Xaum launch because of the advanced technical architecture and growing user base. The parallel version of the blockchain, the finality of the Subsecond and horizontally scalable infrastructure make it ideal for fast, cost-efficient and high-throughput tokenized asset transactions.
Maybe you also like it: Tether’s xaut mint pushes tokenized gold supply by 20% rise in a day
About Xaum
Xaum enables users to preserve, act, act and exchange physically gold of institutional quality, which combines the stability of tangible gold with the speed and transparency of blockchain technology.
The token is fully supported 1: 1 by London Bullion Market Association (LBMA)-accredited gold of 99.99% purity and undergoes rigorous audits by Bureau Veritas. The H1 2025 Physical Gold Reserve Audit Report is publicly available.
Source: Matrixdock.com
Maybe you also like it: Tokenized gold breaks $ 19 billion in volume, competing large Gold ETFs