Sui Foundation Allocates to XAUm as Tokenized Gold Goes Live on Sui Network
The post Sui Foundation Allocates to XAUm as Tokenized Gold Goes Live on Sui Network appeared on BitcoinEthereumNews.com.
Matrixdock, Asia’s leading Real World Asset (RWA) tokenization platform under Matrixport Group, today deployed XAUm on Sui, marking the first time XAUm will be issued on a non-Ethereum Virtual Machine (EVM) chain. With over $2 billion in Total Value Locked (TVL), Sui is fast becoming the Layer 1 blockchain for institutional DeFi activity and RWA deployment. In a vote of confidence, the Sui Foundation will also allocate a portion of its treasury to XAUm, reinforcing the role of gold as a time-tested portfolio diversifier in the Web3 era. XAUm is backed 1:1 by London Bullion Market Association (LBMA)–accredited gold of 99.99% purity and undergoes full audits by Bureau Veritas, with its H1 2025 physical gold reserve audit report publicly available to ensure complete transparency. Now natively issued on the Sui blockchain, XAUm is the first gold-backed RWA token deployed on a non-EVM chain, expanding accessibility across a broader and more diverse blockchain ecosystem. As one of Asia’s most widely distributed gold-backed tokens, XAUm enables users to hold, trade, lend, and redeem institutional-grade physical gold, bridging the trust of investment-grade bullion with the efficiency of blockchain. “By bringing gold on-chain, XAUm–transforms a traditionally static asset into one with expanded digital utility,” said Eva Meng, Head of Matrixdock. “We’re excited to expand XAUm to Sui, a blockchain purpose-built for scalability. With Sui Foundation now allocating XAUm in its Web3 treasury, we believe tokenized gold is becoming a cornerstone of sophisticated and diversified on-chain portfolio management. We’re confident this integration will accelerate the next wave of RWA development, broaden access to tokenized gold across the global on-chain economy.” XAUm is accessible across the Sui ecosystem as both a store of value and a multi-purpose digital asset. DeFi protocols across different verticals on Sui to integrate with XAUm, including DEX trading (Momentum), lending platforms…
Filed under: News - @ August 21, 2025 2:28 pm