Matrixdock, an Asia-focused digital assets platform that provides access to real-world assets (RWAs) through tokenisation, has successfully integrated its gold token, dubbed ‘XAUm’, with Binance Wallet, the digital asset wallet.
The Matrixdock XAUm token is fully backed by the London Bullion Market Association (LBMA), with each token representing one troy ounce of gold. These gold reserves are securely stored in Brink’s vaults in Hong Kong and Singapore, offering token holders the option to redeem XAUm for physical gold.
Following this integration with Binance Wallet, individuals worldwide can buy, own, and trade gold through their mobile devices. Matrixdock’s goal is to make XAUm a benchmark for modern gold investments, providing an efficient and trusted solution that redefines asset efficiency and financial equality.
Binance Wallet looks to make this vision a reality, by offering a secure and intuitive entry point to Web3. Users can manage digital assets, perform cross-chain token swaps, as well as earn yields. The Binance wallet also eliminates the need for seed phrases or private keys, furthermore, it utilises Multi-Party Computation (MPC) technology to enhance secure transactions.
By leveraging Web3 technology and the multi-chain ecosystem, Matrixdock and Binance Wallet aim to set a new standard for modern gold investments, driving financial equality and innovation.
This development builds on previous integrations with centralised exchange Web3 wallets like OKX and crypto wallets like MetaMask, reinforcing Matrixdock’s commitment to making gold investments more secure, efficient, and accessible for hundreds of millions of global users.
Purpose-built for Web3 compatibility and the multi-chain ecosystem, XAUm’s proof-of-reserve transparency, efficient multi-chain reserve management, and enhanced interoperability also aim to ensure trust and elevate gold from a static asset to a dynamic, multifunctional financial instrument in the digital economy.
Recognising that geographical factors play an important factor in physical RWAs, Matrixdock Gold has multiple strategic locations in Asia, ready for your storage and redemptions.
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