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RWA Crypto

Matrixdock’s Tokenized Gold XAUm Goes Live on Circle’s Arc, First Gold Asset on Chain

Matrixdock, the RWA tokenization platform under BIT (formerly Matrixport), has launched its tokenized gold XAUm on Arc, the Layer-1 blockchain built by Circle, making it the first tokenized gold asset on the network. Eligible XAUm redemptions can receive USDC same-day, and XAUm/USDC liquidity is now available via Uniswap. Each XAUm is backed by one troy ounce of 99.99% physical gold held in allocated form at Brink’s and Malca-Amit vaults in Hong Kong and Singapore.

Original source

AI take

The notable move here is the redemption rail, not the listing: settling gold redemptions in USDC same-day ties a commodity-backed token directly to Circle's stablecoin and chain, which is a different proposition from gold tokens that redeem into fiat or sit on general-purpose networks. It matters most for RWA issuers weighing which chain and settlement asset to build around, and for anyone comparing tokenized gold on distribution and exit speed rather than vaulting alone. Whether same-day USDC redemption becomes a standard expectation for metal tokens, and whether liquidity follows onto Arc, is the open question.

Generated by AI for reference only.

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