• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Matrixport Ventures Completes $3 Million Strategic Reserve of XAUm

user avatar

by Giorgi Kostiuk

7 hours ago


Matrixport, the leading global hub for crypto financial services, announced the completion of a strategic reserve of the tokenized gold XAUm amounting to $3 million.

Strategic Reserve of XAUm

Matrixport Ventures, the investment arm of Matrixport, has completed a strategic reserve of the tokenized gold XAUm equivalent to $3 million. The company's goal is to increase XAUm holdings and strengthen its financial reserves for stability.

Overview of the Tokenized Gold XAUm

XAUm is a tokenized gold issued by Matrixdock under Matrixport. The token is fully backed by high purity physical gold certified by LBMA and supports offline redemption in Singapore and Hong Kong.

Future Uses of XAUm in Finance

Amid increasing global economic uncertainties, XAUm can serve as a quality asset for hedging against cyclical fluctuations and inflation risks. Strategic holding of XAUm can assist institutions in optimizing their financial reserves.

In summary, establishing a strategic reserve of XAUm marks an important step for Matrixport, aimed at improving financial reserves and expanding tokenized gold opportunities in contemporary financial conditions.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Unexpected Investment Move from XRP Whale: Analysts Await Major Events

chest

An XRP investor made a significant $9 million purchase. Market changes are anticipated; let's analyze the situation.

user avatarGiorgi Kostiuk

Recent Drop of the US Dollar and Its Impact on Global Finance

chest

Exploring the reasons behind the recent drop of the US Dollar and its effects on currency and crypto markets.

user avatarGiorgi Kostiuk

Shiba Inu (SHIB) Reaches New Levels, Showing Strong Growth

chest

Shiba Inu (SHIB) has surpassed $0.0000125, signaling a rise in interest among traders and token accumulation.

user avatarGiorgi Kostiuk

Cryptocurrency Market Recovers, SUI Gains Popularity with 9.74% Rise

chest

The cryptocurrency market shows positive dynamics, with SUI rising by 9.74% and reaching $3.20.

user avatarGiorgi Kostiuk

Dogwifhat (WIF) Exhibits Strong Upward Trends and Trading Volume Growth

chest

Dogwifhat (WIF) has risen 14% in the last 24 hours, reflecting increased trader interest and strengthening technical indicators.

user avatarGiorgi Kostiuk

Bitcoin Hits New Record Due to U.S. Demand

chest

Bitcoin reached a new all-time high of $112,014 driven by high demand from American investors.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.