Matrixdock has expanded its tokenized gold product, XAUm, to the Stellar blockchain, enabling access to verified physical gold through Stellar’s infrastructure for issuance and payments. The move integrates XAUm, a token backed 1:1 by LBMA-accredited gold and audited by Bureau Veritas, into a decentralized network designed for on-chain financial applications.
XAUm enters Stellar as reserve-grade asset
The company said XAUm ranks among the top four tokenized gold products globally and is the largest in Asia, supported by more than 88,000 on-chain addresses and 730,000 lifetime transactions. Stellar’s treasury will include XAUm as part of its diversification strategy, signaling its role as a reserve-grade instrument for financial institutions operating on-chain.
The Stellar Development Foundation has been strengthening its institutional links. In May 2026, it collaborated with The Depository Trust & Clearing Corporation (DTCC), whose subsidiaries processed $4.7 quadrillion in securities transactions in 2025. The partnership aims to connect DTCC’s tokenization services to Stellar in a broader multi-chain strategy. Stellar’s Chief Business Officer, Chakravorti, said the integration enables institutional treasuries to access physical assets directly on-chain.
Verified backing and audited infrastructure
Each XAUm token corresponds to 99.99% pure gold stored with custodians Brink’s and Malca-Amit, with independent verification by Bureau Veritas. The smart contracts supporting XAUm issuance on Stellar have been audited by OtterSec and Runtime Verification, reinforcing compliance and system integrity.
Matrixdock said Stellar’s infrastructure meets its standards for transparency and verifiability in asset-backed tokenization. XAUm is expected to integrate into Stellar’s decentralized exchange liquidity pools and lending markets, with liquidity support from Wave Digital Assets.
Yield opportunities and ecosystem role
New XAUm deposit vaults built with Stellar will allow institutions to hold and earn yield on tokenized gold. These features are designed to position XAUm as a core collateral and liquidity instrument across the network, supporting both institutional treasury operations and decentralized financial activity.
Matrixdock’s broader portfolio includes XAGm, backed by LBMA silver, and STBT, a tokenized U.S. Treasury product. The firm has also contributed to sovereign initiatives, including technical development for Bhutan’s Gelephu Mindfulness City gold token project.
Tokenized gold demand accelerates
The expansion comes amid rapid growth in tokenized commodities markets. Spot trading volume for tokenized gold reached $90.7 billion in the first quarter of 2026, surpassing the $84.6 billion recorded for all of 2025. Total market capitalization for gold-backed digital assets has exceeded $15 billion, pointing to significant capital inflows.
Stellar itself has seen real-world assets on-chain grow roughly 2.5 times within a single quarter, crossing $2 billion shortly after Q1 2026. This reflects a broader shift toward issuing regulated financial products on public blockchain infrastructure.
Market focus shifts to adoption signals
The planned integration between Stellar and DTCC, expected to bring DTC-custodied assets on-chain in the first half of 2027, underscores increasing alignment between traditional and blockchain-based financial systems.
In the near term, traders are likely to monitor XAUm’s liquidity and transaction volumes on Stellar’s decentralized exchanges as early indicators of adoption. Attention will also center on the efficiency of liquidity provision by Wave Digital Assets and the uptake of XAUm deposit vaults offering yield. Further participation by financial institutions in using tokenized, physically backed assets for collateral or treasury allocation will be closely watched.
Explore tokenized gold’s role in digital finance with Toobit Academy’s gold investing guide for on-chain asset strategies.
Disclaimer: The content on this page is provided for general informational purposes only and does not represent the views or financial advice of Toobit. We make no guarantees regarding the accuracy or completeness of this information and shall not be held liable for any errors, omissions, or outcomes resulting from its use. Investing in digital assets involves risk; users should independently evaluate their financial situation and the risks involved. For further details, please consult our Terms of Service and Risk Disclosure.
