What is Matrixdock Gold (XAUM)?

TLDR Matrixdock Gold (XAUM) is a blockchain-based token representing physical LBMA-certified gold stored in secure Asian vaults, combining traditional gold ownership with crypto’s efficiency.

1. Gold-backed digital asset – Each XAUm token equals 1 troy ounce of 99.99% pure gold, redeemable physically.
2. Hybrid token system – Uses ERC20 tokens for fractional ownership and NFTs for fixed gold-bar allocations.
3. Asia-focused infrastructure – Vaults in Singapore and Hong Kong enable localized storage/redemption.

Deep Dive

1. Purpose & Value Proposition

XAUm bridges physical gold and blockchain efficiency, allowing investors to hold LBMA-standard gold digitally. By tokenizing gold bars, it solves liquidity and accessibility issues in traditional markets:
- Fractional ownership (divisible to 18 decimals) lowers entry barriers.
- Redemption options provide direct exposure to physical gold.
- Targets Asian markets with vaults in financial hubs like Singapore, reducing geographic friction for regional investors (Matrixdock).

2. Technology & Architecture

XAUm uses a dual-token model:
- ERC20 tokens: Dynamically allocated to gold bars, enabling real-time audits and fractional trading.
- NFTs: Represent fixed allocations to specific bars (e.g., BARID HS17189), locking tokens to a bar’s unique traits until “unpacked.”
This hybrid system balances flexibility (ERC20) with asset specificity (NFTs), appealing to traders and long-term holders.

3. Tokenomics & Governance

Supply is directly tied to physical gold reserves (13,663 troy ounces as of August 2025):
- Minting/Redeeming: Users create/destroy tokens at prices tied to real-time gold markets ($3,382.67 mint vs. $3,335.02 redeem).
- No inflationary mechanics – new tokens require gold deposits.
- Yield generation: Holders can collateralize XAUm to arbitrage stablecoin rates on lending platforms.

Conclusion

XAUm reimagines gold ownership by merging blockchain’s divisibility and transparency with LBMA-grade physical backing. Its Asia-centric model and dual-token architecture cater to both fractional traders and institutional allocators. As tokenized RWAs gain traction, will XAUm’s redeemability and localized vault network position it as a bridge between crypto and traditional commodity markets?