As the standard for onchain finance, Chainlink’s essential web3 services support a spectrum of tokenized real-world asset (RWA) and stablecoin issuers from top DeFi protocols, such as Paxos and StablR, to some of the world’s largest financial institutions, such as ANZ and Fidelity International.
This week, tokenized RWA platform Matrixdock expanded its use of Chainlink by integrating Chainlink Price Feeds and Cross-Chain Interoperability Protocol (CCIP) to enhance its tokenized gold-backed token, XAUm, with verifiable price data and secure interoperability.
The premier RWA platform of crypto financial services provider, Matrixport Group, Matrixdock introduced the first tokenized short-term treasury bill product in Asia, STBT, which leverages Chainlink’s key tokenization infrastructure – Data Feeds, CCIP, and Proof of Reserve – to enhance its utility and liquidity.
Last year, Matrixdock launched its tokenized gold product, XAUm, an ERC-20 token with a $42M market cap that is fully backed by physical gold accredited by the London Bullion Market Association (LBMA) and stored in high-security Malca-Amit and Brink’s vaults in Singapore and Hong Kong.
As the standard for verifiable onchain data, Chainlink Price Feeds have enabled over $22 trillion in transaction value, even during volatile market conditions and adverse events such as flash loan attacks. CCIP recruits the same battle-tested Chainlink oracles to achieve the highest level of cross-chain security reinforced by a separate Risk Management Network that independently monitors transactions for suspicious or erroneous activity.
With CCIP, users can seamlessly move XAUm between Ethereum and BNB Chain, while the XAU/USD Chainlink Price Feed strengthens the capital efficiency, composability, and trustworthiness of XAUm by ensuring it maintains reliable, tamper-resistant pricing across onchain lending platforms.
“Supported by Chainlink’s robust infrastructure, XAUm embodies the convergence of the intrinsic value of gold and blockchain-native agility,” said Eva Meng, Head of Matrixdock, in an official announcement.
“Together with partners like Chainlink, we are building the foundational infrastructure for a modernized capital market, where real-world assets like gold can move with the speed, transparency, and interoperability that the future of finance demands.”
To learn more about Matrixdock, visit their website, X, and Telegram.