{"id":"matrixdock","title":"Matrixdock","content":"**Matrixdock** is a [real-world asset (RWA)](https://iq.wiki/wiki/real-world-assets-rwas) [tokenization](https://iq.wiki/wiki/tokenization) platform founded in 2023 that issues [blockchain](https://iq.wiki/wiki/blockchain)-based representations of reserve assets and financial instruments. Its products include STBT, a token backed by short-term U.S. Treasury bills, and XAUm, a token backed by physical gold. [\\[4\\]](#cite-id-NvSznI5kIa8FYEAy) \n\n## Overview\n\nMatrixdock is a [real-world asset (RWA)](https://iq.wiki/wiki/real-world-assets-rwas) [tokenization](https://iq.wiki/wiki/tokenization) platform founded in February 2023 that focuses on bringing reserve assets onto [blockchain](https://iq.wiki/wiki/blockchain) networks. Its products include STBT, a tokenized short-term U.S. Treasury product, and XAUm, an [ERC-20](https://iq.wiki/wiki/erc-20) token backed by 99.99%-purity physical gold. The platform uses [blockchain](https://iq.wiki/wiki/blockchain) infrastructure to represent ownership of these assets while connecting them with traditional custody and reserve-management systems. STBT and XAUm are supported by underlying reserve assets held in institutional custody, with Matrixdock incorporating on-chain data reconciliation and proof-of-reserves processes to track the relationship between tokens and their backing assets. The platform's infrastructure is designed to enable tokenized reserve assets to be used across [blockchain](https://iq.wiki/wiki/blockchain)-based financial applications while maintaining mechanisms for asset verification, custody, and transparency. [\\[1\\]](#cite-id-xFc9Cfk0EjFjiORf)  [\\[2\\]](#cite-id-BIRaReb1TUj0Q7Dg) \n\n## Products\n\n### Matrixdock Gold\n\n![](https://ipfs.everipedia.org/ipfs/QmSfeZmM1dcMXX91N5PkpWZTyNvLW1YKpNLqRcXVzbzeLb)\n\nMatrixdock Gold, or XAUm, is a tokenized gold product in which each [ERC-20](https://iq.wiki/wiki/erc-20) or [BEP-20](https://iq.wiki/wiki/bep-20) token represents one fine troy ounce of 99.99%-purity physical gold meeting London Bullion Market Association (LBMA) standards. The gold is held in physical bars, and token holders can use Matrixdock's allocation lookup tool to verify the bars associated with their holdings. XAUm can also be represented as [ERC-721](https://iq.wiki/wiki/erc-721) or [BEP-721](https://iq.wiki/wiki/bep-721) [NFTs](https://iq.wiki/wiki/non-fungible-token-nft), with each [NFT](https://iq.wiki/wiki/non-fungible-token-nft) corresponding to a specific whole gold bar and its stated fine weight. XAUm supports permissionless holding, transfers, secondary swaps, and conversion between fungible tokens and gold-bar [NFTs](https://iq.wiki/wiki/non-fungible-token-nft). Primary [minting](https://iq.wiki/wiki/minting) and redemption directly with Matrixdock using [USDC](https://iq.wiki/wiki/usdc) or [fiat](https://iq.wiki/wiki/fiat-money) currency require [KYC](https://iq.wiki/wiki/know-your-customer-kyc), while token-to-[NFT](https://iq.wiki/wiki/non-fungible-token-nft) and [NFT](https://iq.wiki/wiki/non-fungible-token-nft)-to-token conversions can be performed through Matrixdock's web application. [ERC-20](https://iq.wiki/wiki/erc-20)/[BEP-20](https://iq.wiki/wiki/bep-20) allocations can be dynamically reassigned among physical bars as transfers, mints, and redemptions occur, whereas each gold-bar NFT maintains a fixed allocation to its specific bar. The structure also uses a purpose trust that legally owns the issuer and is intended to keep the XAUm assets bankruptcy-remote from the issuer. [\\[3\\]](#cite-id-c67dpfnQhqdkn63l)  [\\[8\\]](#cite-id-ay8KdrNAySCcShiz) \n\n### Matrixdock Silver\n\n![](https://ipfs.everipedia.org/ipfs/QmbCFfi9V8cDMD7h1QooZFXySmoF4MEf4nujaB7uHVCG9f)\n\nMatrixdock Silver (XAGm) is a tokenized silver product using the Fungible Reserve Standard (FRS), with each token initially representing one fine troy ounce of 99.9%-purity LBMA-accredited Good Delivery silver. The token's silver backing is measured through an on-chain ozPreToken value, which starts at 1.000000000 and decreases daily to account for custody fees. As this value decreases, the protocol increases the token supply via its reconcileSupply function so that the total token supply, multiplied by the ozPerToken value, continues to correspond to the amount of physical silver held in reserves. XAGm is an [ERC-20](https://iq.wiki/wiki/erc-20) token that can be transferred across supported networks and is designed for potential integration with [DeFi](https://iq.wiki/wiki/defi) and [CeFi](https://iq.wiki/wiki/cefi-centralized-finance) applications, including collateralized lending and borrowing. Holders can redeem tokens for physical LBMA-standard silver at the prevailing ozPerToken value, subject to account verification and availability of an appropriately sized silver bar. The product also incorporates attestations and audits of the underlying reserves, while Matrixdock's allocation lookup tool allows holders to view information such as the serial number and physical characteristics of allocated silver bars. Cross-chain versions use the same ozPerToken value to maintain consistent representation across networks. [\\[5\\]](#cite-id-8qVqoP3bO1vRFpGt)  [\\[9\\]](#cite-id-vct7vOu11ts7GkrM) \n\n### Treasury Bill Token\n\nThe Treasury Bill Token (STBT) is a rebasing token designed to maintain a 1:1 peg with the U.S. dollar and backed by short-term U.S. Treasury bills. Rather than paying interest separately, it distributes daily interest by increasing the number of STBT tokens held by eligible holders. STBT can also be converted into wSTBT, a non-rebasing version whose value increases as the underlying STBT yield accrues. STBT is restricted to individuals and entities that have completed [KYC](https://iq.wiki/wiki/know-your-customer-kyc) and accredited-investor checks, with [minting](https://iq.wiki/wiki/minting), holding, transfers, and redemption subject to whitelist controls. Primary issuance and redemption can occur through Matrixdock or OTC channels, while secondary trading is available through a [Curve Finance](https://iq.wiki/wiki/curve-finance) [liquidity pool](https://iq.wiki/wiki/liquidity-pool) for approved wallets. The structure uses a purpose trust intended to separate the STBT issuer from the broader corporate group and provide bankruptcy remoteness. [Blockchain](https://iq.wiki/wiki/blockchain) records allow account holders to review historical [minting](https://iq.wiki/wiki/minting), [burning](https://iq.wiki/wiki/token-burn), and rebasing activity, while the token can also be used in [liquidity pools](https://iq.wiki/wiki/liquidity-pool) to provide access to secondary-market trading and potential [liquidity-provider](https://iq.wiki/wiki/liquidity-providers) rewards. [\\[6\\]](#cite-id-KsB0QQFr4OWjOkGk) \n\n#### wSTBT\n\nwSTBT is the non-rebasing version of STBT, a token backed by short-term U.S. Treasury bills. Instead of increasing the number of tokens held as yield accrues, wSTBT maintains a fixed token balance while its value rises relative to STBT as the underlying yield accumulates. The token is created by depositing STBT into a wrapper contract, which [mints](https://iq.wiki/wiki/minting) wSTBT, and can be converted back by [burning](https://iq.wiki/wiki/token-burn) wSTBT to receive STBT. wSTBT follows the same permission and eligibility requirements as STBT, with wrapping, holding, transferring, and unwrapping restricted to users who have completed [KYC](https://iq.wiki/wiki/know-your-customer-kyc) and accredited-investor checks. Its non-rebasing structure makes it compatible with certain [DeFi](https://iq.wiki/wiki/defi) applications, including collateralized lending and cross-chain transfers. wSTBT can also be bridged between [Ethereum](https://iq.wiki/wiki/ethereum) and [Arbitrum](https://iq.wiki/wiki/arbitrum) using [Chainlink's](https://iq.wiki/wiki/chainlink) CCIP lock-and-[mint](https://iq.wiki/wiki/minting) mechanism. [\\[10\\]](#cite-id-Rjn4blxCEAQx7zuL) \n\n## Partnerships\n\n* Metalor\n* Le Freeport\n* [Chainlink](https://iq.wiki/wiki/chainlink)\n* [LayerZero](https://iq.wiki/wiki/layerzero)\n* [BitGo](https://iq.wiki/wiki/bitgo)\n* Brinks\n* Malca Amit\n* [Securitize](https://iq.wiki/wiki/securitize)\n* Heraeus\n* Navi\n* [Morpho](https://iq.wiki/wiki/morpho)\n* [Uniswap](https://iq.wiki/wiki/uniswap)\n* [Sui](https://iq.wiki/wiki/sui)\n* [Curve](https://iq.wiki/wiki/curve-finance)\n* [Polygon](https://iq.wiki/wiki/polygon)\n* [Plume](https://iq.wiki/wiki/plume)\n* [Solana Foundation](https://iq.wiki/wiki/solana)\n* [PancakeSwap](https://iq.wiki/wiki/pancakeswap)\n* [Pyth](https://iq.wiki/wiki/pyth-network)","summary":"Founded in 2023, Matrixdock tokenizes real-world assets by issuing blockchain-based representations of instruments like short-term U.S. Treasury bills and gold, and ensures asset verification, custody, and transparency.","images":[{"id":"QmWsekDVFimXzPvzCS7KxTGvVnPd1dqtZDw5U6YMMyyr7k","type":"image/jpeg, image/png"}],"categories":[{"id":"projects-and-protocols","title":"projects-and-protocols"}],"tags":[{"id":"RWA"},{"id":"DeFi"},{"id":"Ethereum"},{"id":"Infrastructure"}],"media":[{"id":"QmSfeZmM1dcMXX91N5PkpWZTyNvLW1YKpNLqRcXVzbzeLb","name":"rba6OSIuYHzoUe60.png","caption":"","thumbnail":"QmSfeZmM1dcMXX91N5PkpWZTyNvLW1YKpNLqRcXVzbzeLb","source":"IPFS_IMG"},{"id":"QmbCFfi9V8cDMD7h1QooZFXySmoF4MEf4nujaB7uHVCG9f","name":"XAGm.png","caption":"","thumbnail":"QmbCFfi9V8cDMD7h1QooZFXySmoF4MEf4nujaB7uHVCG9f","source":"IPFS_IMG"}],"metadata":[{"id":"references","value":"[{\"id\":\"xFc9Cfk0EjFjiORf\",\"url\":\"https://www.matrixdock.com/about-us\",\"description\":\"Matrixdock About Us\",\"timestamp\":1785330998172},{\"id\":\"BIRaReb1TUj0Q7Dg\",\"url\":\"https://matrixdock.gitbook.io/matrixdock-docs/english/get-started/what-is-matrixdock\",\"description\":\"What is Matrixdock | Matrixdock docs\",\"timestamp\":1785330998172},{\"id\":\"c67dpfnQhqdkn63l\",\"url\":\"https://matrixdock.gitbook.io/matrixdock-docs/english/gold-token-xaum/what-is-xaum\",\"description\":\"What is XAUm? | Matrixdock docs\",\"timestamp\":1785330998172},{\"id\":\"NvSznI5kIa8FYEAy\",\"url\":\"https://www.matrixdock.com\",\"description\":\"Matrixdock: The RWA Reserve Layer\",\"timestamp\":1785330998172},{\"id\":\"8qVqoP3bO1vRFpGt\",\"url\":\"https://matrixdock.gitbook.io/matrixdock-docs/english/silver-token-xagm/token-features\",\"description\":\"Token Features | English | Matrixdock docs\",\"timestamp\":1785330998172},{\"id\":\"KsB0QQFr4OWjOkGk\",\"url\":\"https://matrixdock.gitbook.io/matrixdock-docs/english/treasury-bill-token-stbt/token-features\",\"description\":\"Token Features | English | Matrixdock docs\",\"timestamp\":1785330998172},{\"id\":\"n9aRZXux6mGGOwYl\",\"description\":\"Matrixdock\",\"timestamp\":1785331060987,\"url\":\"https://www.matrixdock.com/\"},{\"id\":\"ay8KdrNAySCcShiz\",\"description\":\"Announcing XAUm\",\"timestamp\":1785331172456,\"url\":\"https://www.matrixdock.com/blog/announcements/gold-token-xaum\"},{\"id\":\"vct7vOu11ts7GkrM\",\"description\":\"Launching  XAGm\",\"timestamp\":1785331195726,\"url\":\"https://www.matrixdock.com/blog/announcements/matrixdock-launches-xagm-bringing-lbma-good-delivery-silver-on-chain\"},{\"id\":\"Rjn4blxCEAQx7zuL\",\"description\":\"wSTBT | Matrixdock Docs\",\"timestamp\":1785331212670,\"url\":\"https://matrixdock.gitbook.io/matrixdock-docs/english/non-rebasing-stbt-wstbt/token-features\"}]"},{"id":"website","value":"https://www.matrixdock.com/"},{"id":"linkedin_profile","value":"https://www.linkedin.com/company/matrixdock"},{"id":"rootdata_profile","value":"https://www.rootdata.com/projects/detail/Matrixdock?k=ODc2MQ=="},{"id":"twitter_profile","value":"https://twitter.com/matrixdock"},{"id":"discord_profile","value":"https://t.me/matrixdock"},{"id":"etherscan","value":"https://etherscan.io/token/0x2103E845C5E135493Bb6c2A4f0B8651956eA8682"},{"id":"bscscan","value":"https://bscscan.com/token/0x23AE4fd8E7844cdBc97775496eBd0E8248656028"},{"id":"coinmarketcap_url","value":"https://coinmarketcap.com/currencies/matrixdock-gold/"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/matrixdock-gold"},{"id":"previous_cid","value":"\"https://ipfs.everipedia.org/ipfs/Qmbo2CxwxkkQV5kC6cNiS93Yx2eH6ZkCR9o5hb6K7vGV3m\""},{"id":"commit-message","value":"\"Updated events (3 -> 3 items)\""},{"id":"previous_cid","value":"Qmbo2CxwxkkQV5kC6cNiS93Yx2eH6ZkCR9o5hb6K7vGV3m"}],"events":[{"id":"35780b43-b7da-4b2d-bb48-a948ab06765b","date":"2023-02-01","title":"Matrixdock Launch","type":"CREATED","description":"Matrixdock was launched, establishing its RWA tokenization platform.","link":null,"continent":null,"country":null},{"id":"a80ff0a8-5782-45e3-b185-c373771d0574","date":"2024-09-01","title":"XAUm Launches on Solana","type":"DEFAULT","description":"Matrixdock expanded its XAUm token support to Solana, enhancing interoperability.","link":null,"continent":null,"country":null},{"id":"0fcf4680-d9f3-427b-b641-642f249dffe3","date":"2026-03-01","title":"Launch of Matrixdock Silver XAGm","type":"DEFAULT","description":"Matrixdock introduced XAGm, its tokenized silver product, expanding its RWA offering.","link":null,"continent":null,"country":null}],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"operator":{"id":"0xacb6c5AD52b8f605299B0d774CE97F26e3DB80c2"},"language":"en","version":1,"linkedWikis":{"blockchains":["ethereum"],"founders":["john-ge","jihan-wu"],"speakers":[]},"recentActivity":"{\"items\":[{\"id\":\"d55ecaac-04a8-4ad8-8cee-490c2eb2a159\",\"title\":\"Matrixdock\",\"description\":\"Founded in 2023, Matrixdock tokenizes real-world assets by issuing blockchain-based representations of instruments like short-term U.S. Treasury bills and gold, and ensures asset verification, custody, and transparency.\",\"timestamp\":\"2026-07-29T17:34:16.910Z\",\"category\":\"projects-and-protocols\",\"status\":{\"icon\":\"RiGlobalLine\",\"label\":\"Wiki Updated\",\"iconClassName\":\"text-green-500\"},\"user\":{\"name\":\"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889\",\"address\":\"0xacb6c5AD52b8f605299B0d774CE97F26e3DB80c2\"},\"button\":{\"label\":\"View Summary\",\"icon\":\"RiFileTextLine\"},\"summarySections\":[{\"title\":\"Events\",\"subtitle\":\"Updated event/history entries: added action flags, normalized dates, and replaced an anonymous contributor with two named contributors.\",\"variant\":\"modified\",\"changeCount\":6,\"changes\":[\"Added \\\"action\\\": \\\"CREATE\\\" (three occurrences)\",\"Changed date from \\\"2024-09-01\\\" to \\\"2024-09\\\"\",\"Changed date from \\\"2026-03-01\\\" to \\\"2026-03\\\"\",\"Removed contributor \\\"anon\\\"\",\"Added contributor \\\"john-ge\\\"\",\"Added contributor \\\"jihan-wu\\\"\"]}]}]}"}