Matrixdock Gold

Overview

XAUm is a multi-chain token in which each token represents one troy ounce of 99.99% LBMA gold stored with Brink's in Singapore and Hong Kong. The issuing entity is held under a purpose-trust structure intended to separate the gold from Matrixdock's own balance sheet. KYC-verified users mint and redeem against stablecoins, and physical redemption is available in 1 kg bar lots.

Allocated 99.99% purity LBMA gold bars (1 XAUm = 1 troy oz) in vaults in Singapore and Hong Kong

Product structure

Legal wrapper

SPV issuer owned by a purpose trust; gold held by an asset-holder entity under the SPV

Domicile

British Virgin Islands

Regulatory status

Not a regulated fund or e-money product. Affiliate Matrix Infinitus (Hong Kong) Limited holds a Category A registration as a Dealer in Precious Metals and Stones from Hong Kong Customs and Excise (A-B-25-03-08852).

Asset segregation

Docs state the issuer is legally owned by a purpose trust and custodians hold gold on behalf of an asset-holder entity under Matrixdock's SPV, intended to protect the gold from creditor claims in a Matrixdock insolvency; Brink's insurance cover disclosed up to USD 50M (as of 2024-11-29)

Custodian

Brink's (primary); Malca-Amit described as backup

Fund administrator

Unverified

Auditor

Bureau Veritas (independent physical vault audits)

Transfer agent

Unverified

Tokenization agent

Unverified

Proof of reserve

On-chain PoR oracle on Ethereum referencing total fine weight under custody, which caps global mint budget; plus Bureau Veritas physical audits

Redemption & liquidity

Redemption terms

Redeem to stablecoins, settled within T+3 (docs); physical LBMA bar redemption with minimum 32.148 XAUm (1 kg), collected with identity verification at the vault; 0.25% redemption fee

Secondary liquidity

Freely transferable; traded on exchanges and DEXs

Yield mechanism

None (non-yielding gold exposure)

Fees

Minting fee waived until TVL reaches USD 100M; redemption fee 0.25%; no management fee currently (can change on 30 days' notice); no Matrixdock fee on transfers

On-chain information

EthereumBNB ChainSolanaArbitrumSuiHyperliquid

Token standard

ERC-20 / BEP-20 (with ERC-721/BEP-721 NFT form for bar-level representation); native tokens on Solana and Sui

Transfer restrictions

Permissionless transfers; KYC required only for mint/redeem

Contract addresses: unverified

Notes & material events

Market cap is the issuer page figure retrieved 2026-09-30 (approx. 16,492 XAUm backed by 16,492 troy oz in 513 bars); rwa.xyz showed $56.09M the same day. Holders are an rwa.xyz snapshot retrieved 2026-09-30. Smart contracts audited by BlockSec (EVM), Zellic (Sui), Accretion and Sec3 (Solana). rwa.xyz also lists Stellar and Plume deployments. Exact legal name of the issuing SPV not found in accessible documents.

Revision history

No published revisions.