The launch marks Arc’s first tokenized gold offering. Each XAUm token represents one troy ounce of 99.99 % pure gold sourced from LBMA Good Delivery refineries and stored in allocated vaults operated by Brink’s and Malca‑Amit in Hong Kong SAR and Singapore.
Matrixdock says the gold reserves are verifiable through token‑to‑bar allocation records, monthly reserve statements, on‑chain proof of reserves and independent audits by Bureau Veritas, providing institutional‑grade transparency.
Eligible redemption flows are designed to deliver USDC proceeds on the same day, subject to applicable terms, a departure from the traditional T+2 settlement cycle for unallocated metal in London markets.
Liquidity for XAUm/USDC is also available on Uniswap, extending on‑chain trading, settlement and collateral use cases. Matrixdock plans to explore further integrations for lending and other financial applications.
The move reflects a broader trend of bringing reserve assets onto programmable networks. Circle’s CTO, Nikhil Chandhok, highlighted that pairing tokenized gold with a regulated stablecoin like USDC enhances capital efficiency and global reach.
Matrixdock’s sister product, XAGm, tokenizes silver, and the firm also offers tokenized short‑term U.S. Treasury securities (STBT). The company positions itself as a leading RWA tokenization platform in Asia, serving sovereign initiatives such as Bhutan’s TER gold token.
BIT Group, the parent of Matrixdock, operates under licenses in Singapore, Hong Kong SAR, Switzerland, the UK, the US and Bhutan, and has been listed on the Hurun 2024 Global Unicorn Index and the 2025 Singapore FinTech Unicorn List.