Matrixdock partners with Brink’s for global RWA custody, starting with gold

The partnership strengthens the security of XAUm, Matrixdock’s gold-backed digital asset, with a focus on key Asian financial hubs.

SINGAPORE, November 25, 2024 /PRNewswire/ — Matrixdock, a leading platform for tokenized real-world assets (RWA), is pleased to announce a strategic partnership with Brink’s, a global leader in secure logistics and asset protection. This partnership ensures the secure transportation and storage of LBMA-certified gold, which is backed by Matrixdock’s recently launched XAUm token, with a focus on vaults located in Singapore and Hong Kongtwo of the main financial centers in Asia.

XAUm, an ERC-20 token fully backed by physical gold, offers investors a trusted and transparent gold-linked digital asset accredited by the London Bullion Market Association (LBMA). The partnership with Brink’s ensures that XAUm-backed gold reserves are kept securely in highly secure and fully insured vaults in Singapore and Hong Kongwhich strengthens the credibility and security of the token for investors around the world, especially in the Asia-Pacific region.

“Brink’s reputation for excellence in secure logistics, coupled with the strategic location of the vaults in Singapore and Hong Kongprovides unparalleled security and confidence to our XAUm investors,” said Eva Menghead of RWA at Matrixdock. “This partnership underscores our commitment to maintaining the highest standards of trust and transparency for our tokenized real-world assets. »

Zac McKennaHead of Digital Assets at Brink’s, highlighted the importance of secure custody solutions in the growing RWA tokenization space: “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. Our collaboration with Matrixdock allows us to bring our extensive expertise in secure logistics to the forefront of the blockchain ecosystem. »

With its extensive experience in secure asset management and its well-established presence in Asia, Brink’s will ensure that the LBMA gold collateralizing XAUm is safely transported, stored and protected in its vaults. world class. Ben Van KerkwijkVice President of Brink’s Global Services – Asia Pacific, added: “Our premier vaults in Singapore and Hong Kong are trusted by leading customers around the world. We are excited to offer the same world-class protection for physical gold backed by Matrixdock’s XAUm token, further enhancing security and investor confidence in the region. »

This partnership enables Matrixdock to offer a robust gold-backed digital asset that meets the security and regulatory requirements of global investors.

XAUm provides investors with transparent access to the value of physical gold while benefiting from the efficiency, liquidity and transparency of blockchain technology. Focusing on securing vaults in Singapore and Hong KongMatrixdock strengthens its offering in the rapidly expanding Asian market for tokenized assets.

For more information, visit www.matrixdock.com.

About Matrixdock

Founded in February 2023 by Matrixport, Matrixdock is a leading platform that provides access to real-world assets (RWA) de high quality thanks to advanced tokenization technology. As the first company in Asia to introduce a tokenized short-term treasury bill product, STBT, Matrixdock has quickly established itself as an industry leader, winning the 2023 TADS Ecosystem Excellence Award for Trading and Liquidity Solutions .

Matrixdock aims to become the gateway for clients looking for investments RWA first order. With a strong focus on building a reliable and secure RWA ecosystem for crypto, Matrixdock offers diversified investment opportunities while setting new standards of trust and governance in the digital asset space.

About Brink’s

The Brink’s Company (NYSE: BCO) is a leading global provider of cash and valuables management services, digital retail solutions and managed ATM services. Our clients include financial institutions, retailers, government agencies, mints, jewelry stores and other commercial operations. Our network of operations in 52 countries serves customers in more than 100 countries.

Photo – https://mma.prnewswire.com/media/2566272/Matrixdock_Brinks_XAUm_Gold_Partnership.jpg