MatrixDock launched its flagship Goldback Token Xaum on the SUI blockchain, marking the first issue of Xaum on a non-EVM chain.
summary
- Xaum was supported 1:1 of LBMA certified gold with 99.99% purity and audited by Bureau Veritas.
- The SUI blockchain was chosen for parallel execution, subsecond finality, and horizontally scalable infrastructure.
Matrixdock, the leading Asian RWA tokenization platform under the Matrixport Group, has officially launched its flagship tokenization gold product Xaum on its SUI (SUI) blockchain.
“Xaum transforms traditional static assets into something that's expanding digital utilities by bringing on-chain gold,” says Eva Meng, head of Matrixdock. “We are excited to expand Xaum to SUI. This is a dedicated blockchain for scalability.”
“Tokenized assets are rewiring global finance, and SUI's Xaum is a powerful example of SUI at the forefront of this wave of innovation,” commented Christian Thompson, managing director of the SUI Foundation.
MatrixDock has chosen the SUI blockchain for XAUM launch due to its advanced technology architecture and growing user base. The parallel blockchain execution, subsecond finality, and horizontally scalable infrastructure make it ideal for fast, cost-effective, and high-throughput tokenized asset transactions.
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About Pencils
Xaum combines the stability of tangible gold with the speed and transparency of blockchain technology to allow users to retain, trade, lend and redeem facility-grade physical gold.
The token is fully supported by the London Bullion Market Association (LBMA). The 99.99% purity certified gold has undergone strict audits by the Bureau Veritas. Its H1 2025 Physical Gold Reserve Audit Report has been published.
Source: matrixdock.com
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