Matrixdock partners with Brink’s to provide security for the gold token XAUm

ChainCatcher news, Matrixport's RWA platform Matrixdock has announced a strategic partnership with global leader in secure logistics and asset protection, Brink's, to provide efficient and secure transportation and custody services for Matrixdock's gold token (XAUm). Currently, this service primarily covers vaults in Singapore and Hong Kong.

XAUm is a high-standard, innovative gold token fully backed by physical gold bars with a purity of no less than 99.99% according to LBMA (London Bullion Market Association) specifications, with each XAUm token anchored to one troy ounce of LBMA physical gold bars. Brink's, with its extensive experience in secure asset management and its outstanding global reputation, will ensure the safe transportation of the underlying LBMA gold assets of XAUm and store them in its highly secure, fully insured world-class vaults. This partnership further enhances the trust of global investors, especially those in the Asia-Pacific region, in XAUm.