Dear Matrixport Users,

Founded by Matrixport, Matrixdock is a premier platform that offers access to high-quality Real World Assets (RWA) platform. Now, its Gold token XAUm is officially supported as collateral for loans on Kinza Finance! XAUm holders are able to utilize their XAUm in Kinza Finance’s DeFi ecosystem for collateralized lending, maximizing capital utilization. Matrixdock is actively fostering ecosystem partnerships and project integrations to expand XAUm’s use case, further enhancing its liquidity.

More Details

• Supported chain: BSC
• Collateral form: XAUm BEP-20 token
• Price Feed: Chainlink XAU/USD
• Loan-to-value ratio (LTV): 70%
• Supported loan assets: USDC and USDT

About XAUm

XAUm is a high-standard, innovative gold token backed by physical gold bars with a purity of at least 99.99% and conforming to LBMA(London Bullion Market Association) standards. Each XAUm token represents one troy ounce of LBMA physical gold, seamlessly blending the physical gold with the flexibility and efficiency of digital assets. 

About Kinza Finance

Kinza Finance, an innovative DeFi ecosystem incubated by Binance Labs and supported by investors including Mirana, Emirates Consortium, and GTS Ventures with a valuation of $80 million, is at the forefront of secure lending solutions for RWA and LST tokens. Kinza’s lending protocol operates across multiple networks including BNB Chain, opBNB, Ethereum, and Mantle, currently securing over $50 million in total value locked (TVL). 

About Matrixdock

Founded in February 2023 by Matrixport, Matrixdock is a premier platform that offers access to high-quality Real World Assets (RWA) through advanced tokenization technology. As the first in Asia to introduce a tokenized short-term treasury bill product, STBT, Matrixdock 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, Matrixdock provides diversified investment opportunities while setting new standards for trust and governance in the digital asset space.

Thank you for your support of Matrixport. We wish you a pleasant journey in crypto investment with Matrixport.

Matrixport Team

November 4, 2024

Disclaimer: The above content is for informational purposes and reference only. The content does not constitute investment advice. Digital asset transactions can be precarious and volatile. Investment decisions should be made after carefully considering individual circumstances and consulting financial professionals. Matrixport is not responsible for any investment decisions based on the information provided in this content.

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