Market Cap: $2.839T 1.35%
Volume(24h): $55.3568B 29.75%
  • Market Cap: $2.839T 1.35%
  • Volume(24h): $55.3568B 29.75%
  • Fear & Greed Index:
  • Market Cap: $2.839T 1.35%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$84230.825838 USD

1.40%

ethereum
ethereum

$2573.434510 USD

2.84%

tether
tether

$0.998969 USD

0.00%

bnb
bnb

$755.115006 USD

0.97%

xrp
xrp

$1.414487 USD

1.40%

usd-coin
usd-coin

$0.999888 USD

0.00%

solana
solana

$112.719414 USD

2.81%

tron
tron

$0.331681 USD

0.46%

zcash
zcash

$1331.331394 USD

8.39%

hyperliquid
hyperliquid

$87.827220 USD

3.43%

dogecoin
dogecoin

$0.087594 USD

2.64%

monero
monero

$534.908269 USD

1.31%

chainlink
chainlink

$13.421107 USD

4.11%

cardano
cardano

$0.253354 USD

2.03%

unus-sed-leo
unus-sed-leo

$8.887429 USD

-0.18%

Cryptocurrency News Articles

Matrixdock Integrates Its Flagship Gold Token, XAUm, with Binance Wallet

Dec 30, 2024 at 06:25 pm

This development builds on previous integrations with centralized 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.

Matrixdock Integrates Its Flagship Gold Token, XAUm, with Binance Wallet

Matrixdock, a pioneer in real-world asset (RWA) tokenization in Asia, has announced the integration of its flagship gold token, XAUm, with Binance Wallet, a leading global digital asset wallet. This marks a significant step in expanding the accessibility and efficiency of gold investments through Web3 technology and the multi-chain ecosystem.

XAUm is a token that is fully backed by London Bullion Market Association (LBMA)-accredited gold bars with a minimum fineness of 99.99%. Each XAUm token represents one troy ounce of gold, and these gold reserves are stored in Brink's vaults in Hong Kong and Singapore, with token holders having the option to redeem XAUm for physical gold.

Designed for Web3 compatibility and the multi-chain ecosystem, XAUm combines blockchain innovation with user-centric design. Its robust proof-of-reserve transparency, efficient multi-chain reserve management, and enhanced interoperability inspire trust and elevate gold from a static asset to a dynamic, multifunctional financial instrument in the digital economy.

This integration builds on previous collaborations within Binance's ecosystem, including decentralized exchanges and lending platforms, to establish XAUm as a benchmark for modern gold investments, offering an efficient and trusted solution that redefines asset efficiency and financial equality.

Binance Wallet complements this vision by providing a secure and intuitive entry point to Web3, where users can effortlessly manage digital assets, perform cross-chain token swaps, and earn yields. With a simple setup process via the Binance app, the wallet eliminates the need for seed phrases or private keys and utilizes Multi-Party Computation (MPC) technology to enhance secure transactions.

Through this integration, individuals worldwide can buy, own, and trade gold conveniently with a mobile device. By leveraging Web3 technology and the multi-chain ecosystem, Matrixdock and Binance Wallet set a new standard for modern gold investments, driving financial equality and innovation.

About Matrixdock

Matrixdock, a venture founded by Matrixport in February 2023, is a leading RWA tokenization platform in Asia that modernizes financial instruments through advanced tokenization technology. As the first in Asia to introduce a tokenized short-term treasury bill product, STBT earned the Ecosystem Excellence TADS Award in 2023 for Trading & Liquidity Solutions. In 2024, it launched a one-of-a-kind Tokenized Gold token, XAUm, modernizing traditional gold investment into a dynamic, multifunctional digital asset.

Original source:blocktelegraph

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Oct 12, 2026