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Stock impact report

Matrixdock Partners with Brink's for Global RWA Custody, Starting with Gold

Brinks Company (The) (BCO) 
Last brinks company (the) earnings: 2/6 07:30 am Check Earnings Report
Company Research Source: PR Newswire
Partnership Enhances Security for XAUm, Matrixdock's Gold-Backed Digital Asset, with a Focus on Key Asian Financial HubsSINGAPORE, Nov. 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 vaulting of LBMA-certified gold, which underpins Matrixdock's recently launched XAUm token, with a focus on vaults located in Singapore and Hong Kong, two of Asia's premier financial hubs.XAUm, an ERC-20 token fully backed by physical gold, offers investors a trusted and transparent digital asset tied to London Bullion Market Association (LBMA) accredited gold. The partnership with Brink's guarantees that the gold reserves backing XAUm are securely held in high-security, fully insured vaults in Singapore and Hong Kong, enhancing the credibility and security of the token for investors acr Show less Read more
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