Matrixdock has reached a strategic partnership with Kinza Finance, and Kinza now supports XAUm collateralized lending

2024-11-04 14:40:15

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ChainCatcher news, Matrixport's leading RWA tokenization platform Matrixdock announced its strategic partnership with Kinza Finance, with its gold token XAUm officially launched on the Kinza Finance platform. Users can use XAUm assets for over-collateralized lending in the Kinza DeFi ecosystem. Currently, XAUm holders can stake XAUm on the BNB chain to borrow USDT or USDC, with a collateralization ratio of 70%.

XAUm is a high-standard, innovative gold token fully backed by physical gold bars with a purity of no less than 99.99% from LBMA (London Bullion Market Association), with each XAUm token anchored to one troy ounce of LBMA physical gold bars. Kinza is an emerging lending platform invested by Binance Labs, dedicated to providing secure and efficient collateral lending scenarios for RWA assets. Matrixdock is actively expanding industry ecosystems and project collaborations, continuously broadening the use cases for XAUm and enhancing its liquidity.

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Matrixdock Kinza Finance XAUm RWA

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