What Matrixdock does

Matrixdock is a Singapore-headquartered RWA tokenization platform, operating as a wholly-owned subsidiary and brand of BIT (formerly Matrixport), with legal entity Prometheus Solutions Ltd. Founded in 2019, the company issues and manages tokenized representations of physical reserve assets — primarily gold (XAUm, backed 1:1 by LBMA-accredited physical gold), silver (XAGm, backed by LBMA Good Delivery silver under a proprietary Fungible Reserve Standard), and short-term U.S. Treasury Bills (STBT, for Accredited Investors only). The platform serves institutional clients including family offices, asset managers, corporate treasuries, blockchain foundations (Stellar, Sui, Solana), and sovereign entities (Kingdom of Bhutan's Gelephu Mindfulness City for the TER sovereign gold token), with a long tail of 88,000+ on-chain addresses on XAUm alone.

The technology stack centers on multi-chain deployment across 8+ blockchain networks (Ethereum, BNB Chain, Solana, Sui, Polygon, Tron, Stellar, Arbitrum, Plume, HashKey) with cross-chain interoperability via Chainlink CCIP, real-time on-chain collateral verification via Chainlink Proof of Reserve, and dual-layer transparency combining independent Bureau Veritas physical audits with daily vault asset statements. Physical bullion is sourced from LBMA-accredited refiners (Heraeus, Metalor, Point Gold) and vaulted with Brink's, Malca-Amit, and Le Freeport in Singapore and Hong Kong. DeFi integrations span Venus Protocol, Morpho, Curve, Suilend, Avalon Labs, Uniswap, PancakeSwap, and Raydium, positioning XAUm/XAGm as productive collateral in lending markets and liquidity pools.

The business model derives revenue from mint/redemption spreads on XAUm (approximately $32 spread between $4,108.18 mint and $4,076.02 redeem per troy ounce), a 0.3% annual custody fee on XAGm reflected via the ozPerToken mechanism, and yield retention on STBT's underlying T-bill reserves (3.52% 30-day average APY distributed to holders). Go-to-market combines direct platform access (app.matrixdock.com), institutional distribution through MAS-licensed partners like MetaComp Group and HK-licensed HashKey Exchange, DeFi protocol integrations for collateral utility, and sovereign tokenization mandates. The company reports over $200 million in on-chain assets under management across its three token products and ranks among the top 4 tokenized gold products globally, holding the position as Asia's largest.

Name

Matrixdock

Legal name

Prometheus Solutions Ltd

Website

https://matrixdock.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Matrixdock is a Singapore-based RWA tokenization platform (subsidiary of BIT/Matrixport) that issues XAUm (tokenized gold), XAGm (tokenized silver), and STBT (tokenized T-bills), serving family offices, asset managers, corporate treasuries, blockchain foundations, and sovereign clients across 8+ blockchain networks.

Ownership category

akta.pro rank

Product category

Real-World Asset Tokenization

NAICS

Other Financial Investment Activities (5239), Other Investment Pools and Funds (5259), Other Financial Vehicles (525990)

SIC

Asset-Backed Securities (6189), Finance Services (6199)

akta.pro primary industry

Tokenization Platforms (RWA, Securities, Funds) (FSAGAMAA)

akta.pro secondary industries

Tokenized Treasury, Money Market & Cash Management Products (FSADAEAB), Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity) (FSAPAIAD)

Keywords

• Tokenized real-world assets
• Gold-backed tokens
• Treasury bill tokens
• Asset tokenization platform
• Blockchain asset issuance

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Token Minting/Redemption Spread: Revenue generated from the spread between mint price ($4,108.18) and redeem price ($4,076.02) for XAUm tokens. Users pay premium to mint tokens and receive slightly less upon redemption.
2. Silver Custody Fee (FRS): XAGm charges 0.3% annual custody fee reflected through decreasing ozPerToken value (currently 0.999161644). No additional management fee or profit margin layered on top.
3. STBT Interest Distribution: STBT holders receive daily interest via rebasing mechanism. Total distributed interest of $6,860,866.76 as of data capture, with 30d avg APY of 3.52%. Revenue derived from yield on underlying T-bill reserves.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels8 records

Core offering

Matrixdock tokenizes high-quality reserve assets—physical gold (XAUm), physical silver (XAGm), and U.S. Treasury Bills (STBT)—into blockchain-based tokens on a multi-chain platform. Each token is backed 1:1 by the underlying real-world asset, held in LBMA-accredited vaults with independent audits and on-chain proof of reserves, and is designed for institutional use as collateral, treasury reserve, or DeFi utility across 8+ networks.

Differentiator

Problem solved

Functional benefit

Products and services

• XAUm (Matrixdock Gold) Tokenized physical gold product where each token represents 1 troy oz of 99.99% LBMA-accredited gold vaulted with Brink's, Malca-Amit, and Le Freeport in Singapore and Hong Kong. Designed for institutional investors, family offices, corporate treasuries, and DeFi protocols for use as a reserve asset, collateral, or yield-bearing instrument with physical redemption capability.
• XAGm (Matrixdock Silver) Tokenized LBMA Good Delivery silver built on the Fungible Reserve Standard (FRS), where each token represents one fine troy ounce of 99.9% silver at launch. Charges a 0.3% annual custody fee via decreasing ozPerToken value. Targeted at institutional clients, DeFi protocols, and foundations for silver treasury allocation and on-chain collateral use.
• STBT (Short-Term U.S. Treasury Bill Token) Tokenized short-term U.S. Treasury Bill exposure with each token maintaining a $1.00 NAV and distributing daily interest via rebasing based on prevailing U.S. Treasury yields. Exclusively available to SEC-accredited investors. Provides low-volatility on-chain yield (30d avg APY of 3.52%) for digital asset portfolios and DeFi collateral use.
• wSTBT (Wrapped STBT) Wrapped version of STBT enabling cross-chain utility and integration with broader DeFi protocols. Operates across Ethereum, BNB Chain, and Arbitrum via Chainlink CCIP lock-and-mint bridging.
• TER (Sovereign Gold Token — Bhutan) Sovereign gold-backed digital token issued for Gelephu Mindfulness City (Kingdom of Bhutan) on Solana, with Matrixdock providing the underlying tokenization infrastructure and smart contract architecture. Marketed as the world's first sovereign-backed gold token for transparent, blockchain-enabled national financial infrastructure.
• Institutional Tokenization Solutions Sovereign-grade, end-to-end tokenization services for institutional and government clients, covering smart contract architecture design, custody integration, governance setup, and deployment of custom tokenized assets on public blockchains. Delivered via direct enterprise partnerships.

Quantifiable outcome

• 88,000+ unique on-chain addresses and 730,000 lifetime transactions for XAUm
• +3 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration28 records

Feature6 records

Partnerships

16 partnerships are on record, tiered core, flagship and minor.

• Venus ProtocolcoreTechnology or Integration · 11 June 2026XAUm became the first RWA accepted as collateral in Venus Protocol's Fixed-Term Vault on BNB Chain. XAUm joins BTC and BNB as accepted collateral assets, enabling users to supply tokenized gold as over-collateralized collateral with fixed-term participation.
• MetaComp GroupcoreStrategic or Co-development Partner · 4 June 2026Strategic partnership enabling accredited and institutional clients on MetaComp's MAS-licensed platform to access XAUm and XAGm for OTC trading and collateralized lending. MetaComp serves 1,000+ institutional clients across major financial hubs with $10B+ payment volume processed in 2025.
• Gelephu Mindfulness City (GMC) / Kingdom of BhutanflagshipStrategic or Co-development Partner · 11 December 2025Matrixdock provided tokenization infrastructure for TER (meaning 'treasure' in Dzongkha), the world's first sovereign-backed gold token. DK Bank serves as exclusive distributor and Matrixdock architected smart contract architecture, integrating with institutional custody and governance for Bhutan's national gold tokenization initiative.
• Brink'scoreTechnology or IntegrationPartnership with Brink's for global RWA custody of physical gold holdings. Brink's provides secure transportation and logistics solutions for high-value assets, safeguarding physical gold with top-tier security and operational resilience in vaults in Singapore and Hong Kong.
• Malca-AmitcoreTechnology or IntegrationPartnership with Malca-Amit for secure vault storage of physical gold in Asia. Malca-Amit is a global expert in secure logistics and transportation for high-value assets, providing vault services alongside Brink's in Singapore and Hong Kong.
• Bureau VeritascoreTechnology or IntegrationIndependent physical audits by Bureau Veritas, the same firm that verifies world's largest gold ETFs. Semi-annual audits provide trusted transparency through third-party verification of physical gold and silver reserves.
• ChainlinkcoreTechnology or IntegrationChainlink provides Proof of Reserve feeds for real-time on-chain verification of collateral value, and CCIP enables secure cross-chain transfers of XAUm tokens across multiple blockchain networks.
• BitGocoreTechnology or IntegrationBitGo provides institutional crypto custody with $90B+ assets on platform. Matrixdock works with BitGo to provide enterprise-grade security allowing XAUm to be managed alongside other cryptocurrencies within institutional custody frameworks.
• HashKey ExchangecoreChannel Partner/ Reseller/ DistributorHong Kong's largest licensed virtual asset exchange under HashKey Holdings (3887.HK) listed XAUm with trading pairs opening March 31, 2026. Each token backed 1:1 by physical gold in LBMA-accredited vaults.
• DK BankcoreChannel Partner/ Reseller/ DistributorDK Bank, Bhutan's first digital bank regulated by Royal Monetary Authority, serves as exclusive distributor for TER sovereign gold token. Matrixdock provides tokenization infrastructure and smart contract architecture for the partnership.
• Solana FoundationcoreTechnology or IntegrationMatrixdock deployed XAUm on Solana blockchain for high throughput, low latency, and minimal transaction costs. Builds on prior TER tokenization work for Bhutan on Solana.
• Curve FinancecoreTechnology or IntegrationCurveLend integration enables XAUm as collateral for lending. Curve Finance operates as DEX and AMM creating deep on-chain liquidity using advanced bonding curves.
• MorphocoreTechnology or IntegrationMorpho provides DeFi lending protocol offering open infrastructure for onchain loans. XAUm integrated as collateral allowing users to earn yield by supplying or borrow against tokenized gold.
• SuilendcoreTechnology or IntegrationDeFi protocol on Sui offering lending, borrowing, and automated yield strategies. XAUm/XAGm integrated for trading, lending, and collateralized applications on Sui.
• Singapore Bullion Market Association (SBMA)minorStrategic or Co-development PartnerMatrixdock joined SBMA and contributes to the association's Crucible publication, advancing the future of gold ownership through tokenization.
• Tokenized Asset Coalition (TAC)minorStrategic or Co-development PartnerMatrixdock joined TAC's new member cohort. TAC drives mainstream adoption of public blockchains, RWA tokenization, and institutional DeFi for a more open and transparent global capital system.

Scale indicators11 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Paxos (PAXG): Paxos Gold (PAXG) is the largest NYDFS-regulated tokenized gold product, with each token backed 1:1 by one fine troy ounce of physical gold stored in London Brink vaults. It competes head-to-head with Matrixdock's XAUm for institutional and DeFi demand across global chains.
• Ondo Finance: Ondo Finance offers tokenized U.S. Treasuries (OUSG, USDY) and other yield-bearing RWAs, competing directly with Matrixdock's STBT in the on-chain T-bill segment. Both target institutional and accredited investors seeking tokenized short-duration government exposure.
• Maple Finance: Maple Finance offers tokenized institutional credit and U.S. Treasury products (MPLX, cUSDO) targeted at accredited investors, competing with STBT in on-chain yield instruments while also overlapping with Matrixdock's broader RWA strategy.
• Aurus: Aurus issues AWG (gold) and AWX (silver) tokens backed by physical bullion stored in vaulting partners including Brinks and Malca-Amit. The vault partner overlap and dual metal offering make Aurus a direct infrastructure and product peer to Matrixdock.
• Kinesis Money: Kinesis issues KAU (gold) and KAG (silver) tokens fully allocated to physical bullion in LBMA vaults, with a yield-sharing model for holders. It mirrors Matrixdock's gold/silver dual offering and physical redemption model, targeting similar precious-metals investors.
• Centrifuge: Centrifuge tokenizes real-world receivables and lending pools on Tinlake, with deep integration into MakerDAO and other DeFi protocols. It is a direct RWA infrastructure peer pursuing DeFi composability similar to Matrixdock's strategy.
• Backed Finance: Backed Finance issues tokenized securities (bCSPX, bCOIN, bGOLD) compliant under Swiss regulation, including tokenized gold products. It is a direct competitor in the regulated, institution-grade tokenized commodities and securities space.
• Tether (XAUT): Tether Gold (XAUT) is one of the most liquid tokenized gold products globally, backed by physical gold held in Switzerland and tradable across multiple chains. It overlaps directly with XAUm on commodity exposure, multi-chain distribution, and target institutional segments.
• Perth Mint Gold Token (PMGT): Perth Mint issues PMGT, backed by physical gold stored at the Perth Mint in Western Australia and tradable on EtherFlyer and other exchanges. It is a direct tokenized gold peer with similar LBMA-style backing and physical redemption narrative.

Broad incumbents

• Securitize: Securitize is an enterprise RWA tokenization platform offering issuance, transfer agent, and compliance infrastructure across equities, debt, and funds. It is an ecosystem partner of Matrixdock but competes more broadly across the institutional tokenization stack.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/matrixdock
• LinkedInlinkedin.com/company/matrixdock

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Matrixdock