Odaily Planet Daily News: Matrixdock, a real-world asset chain platform, said in a statement that gold has soared 46% in less than a year. Its price intrinsically driven by geopolitical risk hedging and the demand for central bank purchases that are out of the hegemony of the US dollar has gradually evolved into a risk-averse hedging behavior under Trump's volatile tariff policy. Gold has firmly established itself as the number one safe-haven asset.
As the demand for physical delivery of gold soars, short squeezes are severe. Currently, the open interest of gold futures has increased by 750%, and the "Futures for Physical" (EFP) mechanism connecting the New York Mercantile Exchange (COMEX) and the London Bullion Market Association (LBMA) is facing great pressure. At the same time, Elon Musk publicly questioned the true status of the gold reserves in Fort Knox, sparking discussions about the last credible audit of the US gold reserves.
Gold tokenization can solve the financial trust problem of gold reserves. XAUm, a gold token launched by Matrixdock, combines gold with blockchain technology. Through 1:1 physical gold reserves and transparent and traceable smart contracts, it can solve one of the most long-standing problems in the gold market - verifiable reserves. At the same time, XAUm supports physical delivery of gold in Singapore and Hong Kong.