#USA #Singapore #Matrixdock #Brink's #XAUm

Matrixdock and Brink's: A New Era in Asset Security

On November 25, 2024, Matrixdock, a leading platform for tokenized Real-World Assets (RWA), announced a strategic partnership with Brink's, a global leader in secure logistics and asset protection. This collaboration is set to enhance the security of Matrixdock's digital asset called XAUm, which is backed by gold, and aims to cater primarily to crucial financial markets across Asia.

A Step Towards Safer Investments

XAUm is an ERC-20 token fully backed by physical gold that adheres to the standards of the London Bullion Market Association (LBMA). The partnership with Brink's ensures that the gold reserves underpinning XAUm are stored in high-security, fully insured vaults located in Singapore and Hong Kong. This move is crucial as it boosts the credibility and safety of the token for investors worldwide, particularly in the Asia-Pacific region.

Eva Meng, the lead at Matrixdock, emphasized the importance of this partnership, stating, "Brink's stellar reputation in secure logistics, combined with the strategic location of their vaults in Singapore and Hong Kong, provides outstanding security and trust for our XAUm investors." This collaboration highlights Matrixdock's commitment to upholding the highest standards of trust and transparency in managing their tokenized RWAs.

Why Brink's?

Zac McKenna, Director of Digital Assets at Brink's, highlighted the growing significance of secure custody solutions in the evolving landscape of RWA tokenization. "At Brink's, we pride ourselves on providing the secure infrastructure necessary to make these digital products credible and reliable. Our partnership with Matrixdock allows us to bring our extensive expertise in safe logistics to the forefront of the blockchain ecosystem," he explained.

With Brink's vast experience in asset management and its well-established presence in Asia, it is well-positioned to ensure the safe transport, storage, and protection of the LBMA-certified gold underlying XAUm. Ben Van Kerkwijk, Vice President of Brink's Global Services – Asia-Pacific, added, “Our premium vault facilities in Singapore and Hong Kong enjoy trust from top-tier clients worldwide. We are excited to offer the same level of top-notch protection for the physical gold backing the XAUm token, thereby enhancing safety and investor confidence in the region.”

The Benefits of XAUm

This pivotal partnership enables Matrixdock to offer a stable, gold-backed digital asset that meets the safety and regulatory requirements of global investors. XAUm provides investors seamless access to the value of physical gold while enjoying the benefits of efficiency, liquidity, and transparency that come with blockchain technology. By focusing on secure vaulting solutions in Singapore and Hong Kong, Matrixdock is enhancing its appeal in the rapidly growing Asian market for tokenized assets.

As Matrixdock continues to innovate and broaden its offerings, it is committed to establishing itself as a premier hub for customers seeking high-quality RWA investments. With a consistent focus on building a trustworthy and secure ecosystem for crypto assets, Matrixdock is paving the way for diversified investment opportunities while setting new benchmarks for trust and governance in the digital asset landscape.

About Matrixdock

Founded in February 2023 by Matrixport, Matrixdock has quickly risen to prominence as a leading platform that provides access to high-quality Real World Assets through advanced tokenization technology. It was the first company in Asia to launch a tokenized short-term Treasury bill product, known as STBT, and has rapidly established itself as an industry leader. In 2023, Matrixdock was awarded the Ecosystem Excellence TADS Award for trading and liquidity solutions, reflecting its commitment to providing innovative services to its clients.

About Brink's

Brink's (NYSE: BCO) is a global leader in cash and valuables management, offering secure digital retail solutions and managed ATM services. Their client base includes financial institutions, retailers, government agencies, mints, jewelers, and other commercial enterprises. With a network of operations spanning 52 countries, Brink's serves clients in over 100 countries, ensuring top-tier logistics and security solutions.

For more information, visit Matrixdock's official website.