Matrixdock: Gold tokenization can solve the financial trust problem of gold reserves

Odaily Planet Daily News According to Matrixdock, a real-world asset securitization platform, the price of gold has surged by 46% in less than a year. Its intrinsic drivers have evolved from the hedging demand driven by geopolitical risks and the departure from the hegemonic position of the US dollar by the Central Bank, gradually transforming into a hedging behavior under the unpredictable tariff policies of Trump. Gold has firmly established itself as the top hedging asset. With the surge in physical gold delivery demand, the short squeeze is severe. Currently, the outstanding gold futures contracts have increased by 750%, putting extreme pressure on the Futures-for-Physicals (EFP) mechanism that connects the Commodity Exchange (COMEX) in New York and the London Bullion Market Association (LBMA). At the same time, Elon Musk’s public questioning of the true state of the Knoxburg gold reserves has sparked a discussion about the last credible audit of the US gold reserves. Tokenization of gold can solve the financial trust problem of gold reserves. The gold token XAUm launched by Matrixdock combines gold with blockchain technology. Through 1:1 physical gold reserves and transparent and auditable smart contracts, it can solve one of the longest-standing problems in the gold market - verifiable reserves. At the same time, XAUm supports physical gold delivery in Singapore and Hong Kong.