Matrixdock Boosts Trust with 13,534.308 Troy Ounces of Gold Backing XAUm Token
In a significant move for the tokenized gold market, Matrixdock has verified 13,534.308 troy ounces of gold backing its XAUm token. This audit reinforces the platform’s commitment to transparency and trust in the growing world of blockchain-based assets.
What Makes XAUm Token Stand Out?
The XAUm token represents a groundbreaking fusion of traditional gold ownership with blockchain technology. Each token is backed by 1 gram of 999.9 fine gold, stored in secure vaults across Singapore and Hong Kong. The recent audit confirmed:
- 421 kilograms of physical gold reserves
- LBMA-accredited 1-kilogram gold bars
- Three secure vault locations
- 1:1 reserve ratio maintained
How Does Matrixdock Ensure Transparency?
Matrixdock has implemented a multi-layered approach to build confidence in its tokenized gold offering:
| Feature | Benefit |
|---|---|
| Independent audits | Regular verification of physical gold reserves |
| Gold Allocation Lookup | Real-time visibility of specific gold bars |
| Blockchain technology | Immutable record of ownership |
Why Tokenized Gold Matters in Today’s Market
As economic uncertainty grows, investors are increasingly turning to gold as a safe haven asset. XAUm combines this stability with the benefits of blockchain:
- Fractional ownership opportunities
- 24/7 global accessibility
- Elimination of physical storage concerns
- Compliance with financial regulations
The Future of Tokenized Assets
Matrixdock’s approach sets a new standard for real-world asset tokenization. By combining rigorous audits with blockchain transparency, they’re creating a blueprint for how traditional assets can transition to digital formats while maintaining investor trust.
Frequently Asked Questions
How often does Matrixdock audit its gold reserves?
Matrixdock conducts regular independent audits, with this being the second verification following one in January 2025.
Where is the physical gold stored?
The gold backing XAUm tokens is stored in secure vaults across Singapore and Hong Kong.
Can I redeem XAUm tokens for physical gold?
Yes, each XAUm token represents ownership of 1 gram of physical gold that can be redeemed according to Matrixdock’s policies.
How does the Gold Allocation Lookup tool work?
This blockchain-based tool allows token holders to view the exact gold bars allocated to their holdings in real-time.
What makes XAUm different from other gold-backed tokens?
XAUm combines LBMA-accredited gold with multiple layers of verification and transparency tools rarely seen in the market.
