XAUm Gold Token Launches on Solana
Recently, a leading RWA platform announced that its gold-backed token XAUm has been successfully deployed on the high-performance Solana blockchain, marking a significant milestone for decentralized finance.
Backed by Physical Gold for High Trust
Each XAUm token is backed by one troy ounce of physical gold with 99.99% purity, meeting LBMA standards, ensuring asset authenticity and value stability. All gold reserves are securely stored in institutional vaults and undergo regular independent third-party audits, enhancing transparency and credibility.
Accelerating Solana Ecosystem Expansion
With this deployment, Solana’s ecosystem gains a trusted digital representation of gold, facilitating broader adoption of real-world assets in decentralized finance and promoting Solana’s growth in the digital transformation of traditional finance.
- Token Name: XAUm
- Gold Standard: 1 troy ounce, 99.99% purity
- Storage Method: Institutional-grade vaults
- Audit Process: Independent third-party audits