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.
Sui has announced that the Hashi Global testnet will launch soon, featuring native Bitcoin as collateral within its DeFi ecosystem. This development could allow Bitcoin holders to use BTC directly in Sui-based decentralized finance applications witho...
Sui, Aptos, and Hyperliquid are gaining attention as promising altcoins due to their fast transaction speeds, growing developer ecosystems, and increasing user adoption. Sui and Aptos leverage Meta's Move programming language to build high-performanc...
