Matrixdock extends the gold token XAUm to Solana, institutional-grade tokenized gold enters the high-performance public chain ecosystem

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Odaily Planet Daily reports that Matrixport’s RWA platform Matrixdock has announced that its gold-backed token XAUm has been officially deployed on the Solana blockchain. This expansion signifies that institutional-grade tokenized gold is further entering the high-performance public chain ecosystem, providing more scalable infrastructure support for trading, liquidity management, and DeFi applications.

XAUm is one of the leading tokenized gold projects in Asia, with each token representing 1 troy ounce of 99.99% pure physical gold that meets LBMA standards, and supports physical redemption. The gold is stored in institutional-grade vaults and is subject to independent third-party audits.

As on-chain financial systems gradually mature, market discussions are increasingly focused on the long-term usability of assets within on-chain financial ecosystems. Against this backdrop, tokenized gold is evolving from a static store of value asset to a foundational asset capable of participating in on-chain financial activities.

Solana’s high throughput, low latency, and low transaction costs provide a more suitable environment for the scaled deployment of RWAs. Its near-instant settlement capability and high-frequency interaction features enable gold not only to serve as a store of value but also to play roles in providing liquidity and reserve assets within on-chain financial systems.

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