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The Gold Token XAUm has officially landed on the Sui blockchain, and the Sui Foundation will include XAUm in its strategic reserves.

3 hours ago

On August 20th, Matrixport's RWA tokenization platform, Matrixdock, announced that its gold token XAUm has successfully completed on-chain deployment on the Sui Network. This marks the first successful deployment of XAUm on a non-EVM compatible chain, signifying a significant milestone in XAUm's technical architecture and network support scalability. The Sui Foundation will also allocate a portion of its reserve assets to XAUm, demonstrating its support for the project through tangible actions and further highlighting the strategic position of tokenized gold in the on-chain asset portfolio of the Web3 era. XAUm is the first gold token asset on the RWA tokenization track of the Sui Network, providing the Sui community and traditional investors with a new avenue to participate in the gold market. With the completion of XAUm's on-chain deployment and full integration into the on-chain ecosystem, users in the Sui ecosystem can conveniently access XAUm and actively engage in on-chain ecosystem interactions. Currently, XAUm has collaborated with the underlying infrastructure on the Sui Network. The Pyth Network will provide a Sui Network-exclusive price feed for XAUm, and Slush has also launched XAUm to offer a seamless protocol interaction experience for on-chain participants. Meanwhile, the cooperation between XAUm and mainstream DeFi protocols on the Sui Network has entered the integrated access stage. Protocols such as Momentum, Navi, AlphaLend, Alphafi, and Nodo will successively complete XAUm integration, enriching XAUm's DeFi ecosystem on the Sui Network and promoting XAUm liquidity.
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