Matrixdock, a leading platform for tokenized real-world assets (RWA), has announced a strategic partnership with global secure logistics and asset protection company Brink’s. The collaboration aims to enhance security for Matrixdock’s XAUm, a gold-backed digital asset, with a focus on key Asian financial hubs.

XAUm is an ERC-20 token fully backed by LBMA-certified gold, offering investors a trusted and transparent digital asset tied to London Bullion Market Association (LBMA) accredited gold. The partnership with Brink’s ensures 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 across the globe, particularly in the Asia-Pacific region.

Eva Meng, Head of Matrixdock, stated, “Brink’s reputation for excellence in secure logistics, combined with the strategic location of vaults in Singapore and Hong Kong, provides unparalleled security and confidence for our XAUm investors. This partnership underscores our commitment to maintaining the highest standards of trust and transparency for our tokenized real-world assets.”

Zac McKenna, Head of Digital Assets at Brink’s, emphasized the importance of secure custody solutions in the growing RWA tokenization space, stating, “At Brink’s, we are proud to support the tokenization of real-world assets by providing the secure infrastructure that makes these digital products credible and reliable.

Our collaboration with Matrixdock enables us to bring our extensive expertise in secure logistics to the forefront of the blockchain ecosystem.”

As part of the partnership, Brink’s will ensure that the LBMA gold backing XAUm is safely transported, stored, and protected in its world-class vaults. Ben Van Kerkwijk, Vice President of Brink’s Global Services – Asia Pacific, added, “Our premier vaulting facilities in Singapore and Hong Kong are trusted by top-tier clients around the world.

We are pleased to provide the same world-class protection for the physical gold that backs Matrixdock’s XAUm token, further enhancing the security and trust for investors in the region.”

The partnership allows Matrixdock to offer a robust gold-backed digital asset that aligns with the security and regulatory requirements of global investors.

XAUm provides investors with seamless access to the value of physical gold while benefiting from the efficiency, liquidity, and transparency of blockchain technology. By focusing on secure vaulting in Singapore and Hong Kong, Matrixdock strengthens its offering in the growing Asian market for tokenized assets.

Matrixdock, founded in February 2023 by Matrixport, is a premier platform that offers access to high-quality Real World Assets (RWA) through advanced tokenization technology. The company has rapidly emerged as an industry leader, earning the Ecosystem Excellence TADS Award in 2023 for Trading & Liquidity Solutions.

Matrixdock is dedicated to becoming the gateway for clients seeking top-tier RWA investments, with a steadfast focus on building a trusted and secure RWA ecosystem for crypto. The company provides diversified investment opportunities while setting new standards for trust and governance in the digital asset space.

Brink’s Company (NYSE:BCO) is a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services. The company’s extensive network of operations in 52 countries serves customers in more than 100 countries.

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<p>The post Matrixdock and Brink’s Partner to Secure XAUm Gold-Backed Digital Asset in Asia’s Premier Financial Hubs first appeared on CoinBuzzFeed.</p>