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Matrixdock launches tokenized silver XAGm on Sui blockchain for active DeFi use, backed 1:1 by LBMA silver.

Protocol Fundamentals
14 May 2026
Crypto Briefing
View Source
Bullish
Matrixdock launches tokenized silver XAGm on Sui blockchain for active DeFi use, backed 1:1 by LBMA silver.

Matrixdock has introduced XAGm, a tokenized silver asset backed 1:1 by LBMA-accredited silver, on the Sui blockchain, marking its first expansion beyond Ethereum. Supported by the Sui Foundation's treasury, XAGm enables users to trade, lend, and use silver as collateral within DeFi protocols on Sui. This move broadens DeFi investment options with a physical precious metal, though investors should verify custody transparency and audit practices. Matrixdock's strategy includes offering institutional-grade tokenized commodities across multiple blockchains for diversified DeFi exposure.

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