Matrixport launches XAUm fixed income product with gold tokens, offering a 7-day APY of up to 3%.

According to Odaily, Matrixport has officially launched its XAUm fixed-income product, supporting a wide range of investment periods from 7 to 365 days. The XAUm 7-day fixed-income product currently offers an APY of up to 3%, significantly exceeding the returns offered by traditional institutional gold investments. Matrixport's fixed-income product portfolio currently covers 15 major assets, including BTC, ETH, SOL, BNB, and USDT.

Matrixport continues to expand XAUm's application scenarios. Currently, XAUm holders can easily mint, swap, and borrow XAUm against their XAUm within the Matrixport app. With the launch of XAUm fixed-income products, Matrixport expands the financial use cases of the gold token XAUm within centralized institutions and simplifies how XAUm holders participate in on-chain finance.

XAUm is a gold token issued by Matrixdock, a real-world asset (RWA) tokenization platform under the Matrixport Group. XAUm reportedly completed its second annual gold reserve audit this month. The audit, conducted by the internationally renowned firm Biwei, employed a 100% audit methodology. The audit report released by Biwei indicates that the amount of gold managed by Matrixdock has increased by 500% in six months.