ChainCatcher news, Matrixdock, a leading RWA tokenization platform under Matrixport, announces a partnership with Avalon Finance, making its gold token XAUm the first RWA token supported for collateralized lending by Avalon Finance. XAUm holders can stake XAUm on the Avalon Finance platform on the BNB chain to borrow USDT or USDC, with a collateralization ratio of 70%.
Avalon Labs is building a premier on-chain financial center for the Bitcoin ecosystem, offering a seamless ecosystem that includes collateralized lending services backed by BTC, Bitcoin-supported stablecoins, yield-generating accounts, and diversified products such as credit cards.
Matrixdock will continue to explore collaborations with industry ecological projects to create more application scenarios for its high-quality DeFi collateral asset XAUm, helping investors achieve higher capital utilization.
