Matrixdock has introduced its flagship gold-backed token, XAUm, on the Sui blockchain, making it the first time XAUm has been issued on a non-EVM chain.
Summary
- XAUm is backed 1:1 by LBMA-accredited gold of 99.99% purity and audited by Bureau Veritas.
- The Sui blockchain was chosen for its parallel execution, sub-second finality, and horizontally scalable infrastructure.
Matrixdock, a leading RWA tokenization platform in Asia under Matrixport Group, has officially launched its tokenized gold product XAUm on the Sui (SUI) blockchain — marking a milestone as the first issuance of XAUm on a non-EVM chain.
“By bringing gold on-chain, XAUm transforms a traditionally static asset into one with expanded digital utility,” said Eva Meng, Head of Matrixdock. “We’re thrilled to expand XAUm to Sui, a blockchain designed for scalability.”
“Tokenized assets are reshaping global finance, and XAUm on Sui exemplifies Sui’s leadership in this wave of innovation,” commented Christian Thompson, Managing Director of the Sui Foundation.
Matrixdock selected the Sui blockchain for the XAUm launch due to its advanced technical architecture and growing user base. The blockchain’s parallel execution, sub-second finality, and horizontally scalable infrastructure make it ideal for swift, cost-effective, and high-throughput tokenized asset transactions.
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About XAUm
XAUm allows users to hold, trade, lend, and redeem institutional-grade physical gold, merging the stability of tangible gold with the speed and transparency of blockchain technology.
The token is fully backed 1:1 by LBMA-accredited gold of 99.99% purity and undergoes rigorous audits by Bureau Veritas. Its H1 2025 physical gold reserve audit report is publicly available.
Source: matrixdock.com
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