Odaily Planet Daily News: Matrixport, a one-stop crypto financial service platform, announced support for XAUm (gold token) with a maximum spot leverage of 5x. XAUm is a gold token launched by Matrixdock, a real-world asset tokenization platform. It is backed by 100% investment-grade gold certified by the London Bullion Market Association (LBMA) and supports offline redemption of physical gold. This strategy aims to provide investors with an efficient new way to invest in gold, allowing investors to flexibly adjust leverage while enjoying the protection of physical gold assets, capture potential opportunities in the gold market, and meet diversified investment needs.
In addition, XAUm holders can also use the mainstream Defi platforms PancakeSwap and Kinza Finance on the market to achieve mortgage lending, further improving capital utilization.