Spot gold rose 1.65% on the day, and the XAUm TVL of the gold token on the RWA platform of Matrixport Group hit a new high
This article is machine translated
Show original
News: Market data shows that spot gold prices broke through $3,400 per ounce today, surging by $55, with a maximum daily increase of over 1.65%, and gold-related assets also rose accordingly. On-chain data indicates that the gold token XAUm's trading volume reached a historical high, with total gold asset management reaching 12,411 troy ounces. Since XAUm's launch, spot gold prices have increased by over 37%. XAUm is a gold token issued by Matrixdock, a real-world asset (RWA) tokenization platform under the Matrixport Group, anchored to 99.99% pure LBMA standard gold and supporting physical gold redemption in the real world. Currently, XAUm ranks in the Top 3 for on-chain adoption, and as the XAUm market becomes more mature, Matrixdock will gradually promote more precious metals to be tokenized, creating an on-chain aggregation platform for precious metal trading.
Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content




