The gold token XAUm officially lands on the Sui blockchain, and the Sui Foundation incorporates XAUm into its strategic reserves

This article is from a submission and does not represent the views of ChainCatcher, nor does it constitute any investment advice.

On August 21, 2025, Matrixport Group's leading real-world asset (RWA) tokenization platform in Asia, Matrixdock, announced that its product, the gold token XAUm, has completed its on-chain deployment on the Sui network. This marks the first successful deployment of XAUm on a non-EVM compatible chain, representing a leap forward in both the technical architecture and the scale of the supporting network for XAUm. The Sui Foundation will also conduct a strategic reserve for XAUm to express its recognition of the project through concrete actions, further highlighting the strategic position of tokenized gold in the on-chain asset portfolio of the Web3 era.

XAUm is the first gold token asset in the RWA tokenization track on the Sui network. With the completion of its on-chain deployment and full integration with the on-chain ecosystem, users in the Sui ecosystem can conveniently access XAUm and efficiently interact within the on-chain ecosystem. Currently, XAUm has established partnerships with the underlying infrastructure on the Sui network, with Pyth Network providing exclusive price feeds for XAUm on the Sui network, and Slush also launching XAUm to offer a smooth protocol interaction experience for on-chain participants. At the same time, the collaboration between XAUm and mainstream DeFi protocols on the Sui network has entered the integration phase, including Momentum, Navi, AlphaLend, Alphafi, and Nodo, which will successively complete XAUm integration, enriching XAUm's DeFi applications on the Sui network.

As a network built on the Move programming language, the Sui network has become a Layer 1 network that phenomenal DeFi protocols and RWA tokenization tracks are eager to deploy on, with an on-chain TVL exceeding $2 billion. Matrixdock chose to redevelop the code based on the Move language and deploy XAUm on the Sui network because of its full trust in the underlying design and technical architecture of the Sui network. Relying on the Sui network's support for sub-second response times under high pressure and fully scalable infrastructure, RWA tokenized assets can achieve efficient and rapid on-chain circulation. The Sui Foundation has also designed a special "ecological incentive" for XAUm to strengthen its position as an important participant in the diversified investment portfolio tools of the Sui network.

Eva Meng, head of Matrixdock, stated, "By putting physical gold on-chain, XAUm transforms traditional static assets into on-chain assets that possess the attributes of physical gold and rich scalability. We are pleased to see XAUm deployed on the Sui network, and as the Sui Foundation includes XAUm in its strategic reserves, tokenized gold will further become the cornerstone of complex and diversified on-chain investment portfolio management. We hope to work closely with the Sui network to promote the development of RWA tokenization and broaden the access channels for on-chain tokenized gold."

"Tokenization of real-world assets (RWA) is reshaping global finance, and XAUm on the Sui network is a strong example of our leadership in this wave of innovation. The Sui Foundation is also optimizing our Web3 asset strategic reserves and plans to allocate part of the reserve funds to XAUm," said Christian Thompson, Managing Director of the Sui Foundation. "Gold, as a traditional asset valued at over $22 trillion, is highly anticipated by our community. I am delighted to see the deep ecological cooperation between the Sui network and XAUm, providing new avenues for the Sui community and traditional investors to participate in the gold market."

XAUm is a gold token issued by Matrixdock, pegged 1:1 to 99.99% pure gold certified by the London Bullion Market Association (LBMA), with regular audits ensuring the transparency of its gold reserves. Recently, Bureau Veritas conducted a comprehensive audit of XAUm and publicly released the "++Physical Gold Reserve Audit Report for the First Half of 2025++," which showed that Matrixdock's gold holdings increased by 500% over the past six months. XAUm combines the attributes of investment-grade gold bars with the efficiency of blockchain, enabling investors to easily hold, trade, engage in on-chain financial activities, or redeem institutional-grade physical gold. In the future, Matrixdock plans to provide physical redemption options for XAUm based on Brinks and Malca-Amit in Singapore and Hong Kong, broadening the channels for physical gold redemption in the global market.

About Sui

Sui is an innovative Layer 1 blockchain and smart contract platform designed to enable rapid, private, secure, and accessible ownership of digital assets. Its object-centric model based on the Move programming language supports parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage capabilities, Sui supports a wide range of applications with unparalleled speed and low cost. Sui represents a leap in blockchain technology and is a platform that empowers creators and developers to build exceptional user-friendly experiences.

About Matrixport

Matrixport, established in 2019, is a leading one-stop crypto financial services platform globally, dedicated to creating a super account for users that integrates functions such as crypto asset trading, investment, lending, custody, RWA, and research. Matrixport's asset management and custody volume reaches $6 billion.

About Matrixdock

Matrixdock is the RWA tokenization platform under Matrixport Group, launching Asia's first short-term U.S. Treasury bond token product (STBT) and introducing a gold token (XAUm) pegged to 99.99% pure LBMA gold in 2024. Matrixdock is committed to becoming a gateway for users to enter the high-quality real-world asset (RWA) investment market, focusing on building a trustworthy, secure, and compliant RWA ecosystem.

Matrixdock continuously promotes the upgrade of trust and governance standards in the digital asset space, providing investors with diversified asset allocation opportunities. With its innovations in trading and liquidity solutions, Matrixdock has received the "2023 TADS Ecosystem Excellence Award."