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Asia’s Newest Crypto Hub: Gelephu Mindfulness City Partners with Matrixdock for Pioneering Gold Tokenization Initiative
BusinessLine· 2025-12-11 07:59
Core Insights - Gelephu Mindfulness City (GMC) is establishing itself as a leading crypto-friendly jurisdiction in Asia with a progressive regulatory framework for digital assets [1][2] - The GMC Authority (GMCA) has appointed Matrixdock as the tokenization technology partner for GMC's gold-backed token, TER, following the granting of a Financial Services Licence to Matrixport [2][3] Company Developments - Matrixdock will develop the tokenization infrastructure for TER, leveraging its expertise in gold tokenization and institutional-grade infrastructure [3] - The partnership aims to create a secure, transparent, and digital-first financial ecosystem that enhances macroeconomic resilience and expands access to prosperity [3][4] Strategic Vision - GMC aims to be an innovative and blockchain-centered hub for digital assets, with regulatory clarity as a competitive edge [4] - The collaboration between GMC, Matrixport, and Matrixdock is positioned to build a new paradigm of monetary resilience and inclusive access [4][5] Financial Services Landscape - DK Bank, GMC's first digital bank, aims to connect traditional and digital financial services, enhancing transaction efficiency for stakeholders [4][7] - Matrixport, a global leader in digital asset financial services, has a valuation exceeding US$1 billion and manages over US$7 billion in assets [8] Technological Infrastructure - Matrixdock's flagship product, XAUm, is a tokenized gold asset backed by 99.99% purity LBMA-accredited gold, leading the industry in secondary-market trading liquidity [9][10] - The partnership is expected to set new standards for trust and governance in the digital asset space [10]
X @Sui
Sui· 2025-08-21 19:06
Tokenized RWA - Matrixdock's XAUm, backed 1:1 by LBMA-accredited 99.99% pure gold, is now live on Sui [1] - This marks XAUm's first deployment on a non-EVM chain [1] - The tokenized gold is secure, redeemable, and DeFi-ready [1] Blockchain & DeFi - Gold is now onchain with Sui [1] - This represents the next era of tokenized RWAs (Real World Assets) [1]