KEY TAKEAWAYS
- Matrixdock has launched XAUm on the Sui blockchain, marking the first issuance of XAUm on a non-EVM chain.
- Sui’s infrastructure supports XAUm’s integration, enhancing DeFi utility with gold-backed tokens.
- XAUm offers a blend of traditional asset stability and blockchain transparency, with full audits ensuring trust.
- Sui’s technical capabilities make it an ideal platform for rapid and cost-effective tokenized asset transactions.
In a significant development for onchain innovation in real-world assets (RWAs), Matrixdock, a leading RWA tokenization platform under Matrixport Group, has deployed XAUm on the Sui blockchain. This marks the first instance of XAUm being issued on a non-EVM chain. Sui, with over $2 billion in total value locked (TVL), is rapidly becoming a hub for institutional decentralized finance (DeFi) activity and RWA deployment.
The XAUm token, which is physically redeemable, can now be issued natively on Sui. This move reinforces Sui’s position as a blockchain infrastructure well-suited for asset-backed tokenization and large-scale DeFi integration. XAUm is backed 1:1 by gold accredited by the London Bullion Market Association (LBMA) with a purity of 99.99%. It undergoes full audits by Bureau Veritas, with the H1 2025 physical gold reserve audit report publicly available, highlighting XAUm’s commitment to transparency.
XAUm’s Integration with Sui Enhances DeFi Utility
XAUm enables users to hold, trade, lend, and redeem institutional-grade physical gold, combining the stability of a traditional asset with the speed and transparency of blockchain technology. Matrixdock’s integration with Sui introduces XAUm into a composable DeFi environment, supporting seamless utility across lending, trading, and collateralization.
Eva Meng, Head of Matrixdock, stated that by bringing gold onchain, XAUm transforms a traditionally static asset into one with expanded digital utility. She expressed confidence that this integration will accelerate the next wave of RWA development and broaden access to tokenized gold across the global onchain economy.
Gold Meets Internet-Scale Finance
XAUm is accessible across the Sui ecosystem as both a store of value and a source of liquidity. DeFi protocols on Sui are expected to integrate XAUm for various features, including trading, lending, and wallet support. Matrixdock also offers physical redemption options for XAUm through Brinks and Malca-Amit in Singapore and Hong Kong, with plans to expand redemption to additional global markets.
The decision to prioritize Sui for XAUm issuance was influenced by Sui’s technical architecture and user base. Sui’s capabilities, such as parallel execution, sub-second finality, and horizontally scalable infrastructure, are essential for tokenized assets to move quickly and cost-effectively.
Christian Thompson, Managing Director of the Sui Foundation, noted that tokenized assets are reshaping global finance, with XAUm on Sui exemplifying Sui’s role at the forefront of this innovation. He emphasized the timely convergence of gold, a $22 trillion asset, with the burgeoning Web3 ecosystem.
For more information about XAUm on Sui, visit the Matrixdock website.
Why This Matters: Impact, Industry Trends & Expert Insights
Matrixdock’s launch of XAUm on the Sui blockchain represents a pioneering step in the tokenization of gold on non-EVM chains, enhancing the integration of real-world assets into DeFi ecosystems.
Recent industry reports indicate a growing trend in non-EVM blockchain adoption for real-world assets, focusing on scalability and institutional partnerships. This aligns with the deployment of XAUm on Sui, showcasing the platform’s capability to support large-scale asset tokenization.
As per insights from a recent analysis, XAUm tokenization is seen as a significant advancement for DeFi by enabling gold-backed digital assets beyond Ethereum ecosystems. This supports the broader integration of real-world assets with blockchain technology, enhancing liquidity and market efficiency.
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