#Singapore #Matrixdock #Brink's #XAUm

Matrixdock Partners with Brink's for Global Custody of Gold Tokens

In a significant move within the realm of tokenized assets, Matrixdock, a prominent platform specializing in tokenized real-world assets (RWA), has formally announced a partnership with Brink's, an internationally recognized leader in secure logistics and asset protection. This collaboration marks a pivotal step towards ensuring the safety and transparency of the XAUm token, which is fully backed by certified LBMA gold.

The XAUm token, built on the ERC-20 blockchain standard, offers investors a reliable and accessible digital asset that is intricately tied to physical gold approved by the London Bullion Market Association (LBMA). This strategic alliance highlights a concerted effort to bolster investor confidence, particularly in rapidly evolving markets across Asia.

Secure Custody in Financial Hubs

The first phase of this partnership will focus on the secure storage and transportation of gold reserves located in high-security vaults in Singapore and Hong Kong. As leading financial centres in Asia, these locations are ideal for ensuring that the underlying assets of XAUm are maintained in an environment of maximum security.

Eva Meng, the Head of Matrixdock, expressed her confidence in the partnership, stating, "Brink's reputation for excellence in secure logistics, combined with the strategic location of vaults in Singapore and Hong Kong, provides unparalleled security and confidence for our XAUm investors." This statement underscores the commitment of both organizations to uphold the highest standards of trust and transparency.

Brink's Role in Asset Management

Zac McKenna, Brink's Head of Digital Assets, also spoke on the collaboration's importance by emphasizing secure custody solutions as critical in the realm of RWA tokenization. He mentioned, "At Brink's, we are proud to support the tokenization of real-world assets by providing the secure infrastructure that makes these digital products credible and reliable."

With a wealth of experience in managing secure assets, Brink's will ensure that the LBMA-certified gold undergirding the XAUm token is safeguarded throughout its lifecycle. Ben Van Kerkwijk, Vice President of Brink's Global Services for the Asia Pacific region, reiterated the company’s commitment to security. He noted, "Our premier vaulting facilities in Singapore and Hong Kong are trusted by top-tier clients around the world. We are pleased to provide the same world-class protection for the physical gold that backs Matrixdock's XAUm token."

Meeting Investor Expectations

The partnership is timely as it allows Matrixdock to align its offerings with global investors' security and regulatory expectations. XAUm not only grants investors straightforward access to the value of physical gold but also takes advantage of blockchain’s benefits like efficiency, liquidity, and transparency. Moreover, with this focus on secure vaulting solutions in Singapore and Hong Kong, Matrixdock is well-positioned to cater to the burgeoning market for tokenized assets in Asia.

About Matrixdock

Founded in February 2023 by Matrixport, Matrixdock is an ambitious platform that champions high-quality RWA access through cutting-edge tokenization technology. The company has quickly established itself as a leading player in the sector, already winning the Ecosystem Excellence TADS Award for its innovative Trading Liquidity Solutions. As it continues to build trust and enhance governance within the digital asset space, Matrixdock remains dedicated to creating a secure ecosystem for clients interested in premium RWA investments.

About Brink's

The Brink's Company (NYSEBCO) stands as a global authority in cash and valuables management, including digital retail solutions and ATM managed services. Their comprehensive network operates across 52 countries, catering to a diverse clientele that includes financial institutions, retailers, government agencies, and jewelers, further affirming the company’s status as a trusted partner in asset management.

For further details, visit Matrixdock.