Matrixdock gold token XAUm deployed to the Solana chain ecosystem

Matrixport's RWA platform Matrixdock has announced the official deployment of its gold token XAUm on the Solana blockchain. Each XAUm token is fully backed by 1 troy ounce of physical gold that meets LBMA standards and has a purity of 99.99%, with assets held in institutional-grade vaults and subject to independent third-party audits.

In terms of ecological applications, XAUm has been natively integrated into Solana's DeFi system, with initial liquidity deployed on Raydium and price oracle services provided by Pyth, with plans to expand into the lending market in the future. On the security front, the Solana smart contracts supporting XAUm have been audited by Accretion and Sec3. Previously, Matrixdock supported the Kingdom of Bhutan as a technology provider in launching the sovereign gold-backed token TER on Solana, and this deployment marks a further step in bringing institutional-grade gold assets into the on-chain financial infrastructure space.