Spot gold daily rise of 1.65%, Matrixport group's RWA platform gold Token XAUm TVL hits a record high

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RWA-1,14%

Odaily News The market shows that the spot gold price today broke through 3400 USD/ounce, with a big pump of 55 USD, and the daily maximum rise exceeded 1.65%. Gold-related assets also rose in response. On-chain data shows that the trading volume of the gold token XAUm hit a historical high, with a total management of gold assets reaching 12,411 troy ounces. Since the launch of XAUm, the spot gold price has risen over 37%. XAUm is a gold token issued by Matrixdock, a tokenization platform for real-world assets (RWA) under the Matrixport Group, anchored to LBMA standard gold with a purity of 99.99%, and supports the redemption of physical gold in the real world. Currently, XAUm has a Top 3 on-chain adoption rate, and as the market for XAUm matures, Matrixdock will progressively promote the on-chain of more precious metals to create an aggregation of precious metal trading on-chain.

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