What is Matrixdock?
Founded in February 2023 by Matrixport, Matrixdock is a premier platform that offers access to high-quality Real World Assets (RWA) through advanced tokenization technology. As the first in Asia to introduce a tokenized short-term treasury bill product, STBT, Matrixdock has rapidly emerged as an industry leader, earning the Ecosystem Excellence TADS Award in 2023 for Trading & Liquidity Solutions.
Matrixdock is dedicated to becoming the gateway for clients seeking top-tier RWA investments. With a steadfast focus on building a trusted and secure RWA ecosystem for crypto, Matrixdock provides diversified investment opportunities while setting new standards for trust and governance in the digital asset space.
Matrixdock’s primary mission is to foster the trusted real world asset ecosystem for crypto, ensuring that these digital representations are fully backed by their underlying assets and maintain a stable peg to their intrinsic value.
How Does Matrixdock Work?
Matrixdock operates through a robust mechanism designed to ensure the security, transparency, and integrity of the RWA tokenization process. Here’s how Matrixdock functions:
- Token Pegged to Intrinsic Value: All Matrixdock RWA tokens are fully backed by their respective underlying assets at all times, ensuring a stable peg to their intrinsic value.
- Mint and Redeem Anytime: Token holders can effortlessly on or off ramp via mint or redeem functions, and manage their positions confidently.
- Bankruptcy Remoteness And Mitigated Counterparty Risk: Matrixdock RWA tokens are issued through an orphan Special Purpose Vehicle (SPV) structure, a well-established practice in TradFi asset-backed securities issuance. Assets backing these tokens remain entirely separate from any legal or financial liabilities associated with Matrixdock.
- Unwavering Transparency: Matrixdock leads the way in transparency of RWA tokens. Our upcoming products will maintain our unwavering commitment to transparency, ensuring consistency in our approach.
Matrixdock Products
Matrixdock provides seamlessly swap, allocate, and diversify with fully backed real-world asset tokens, securely harnessing on-chain value. The products include:
- Short-Term U.S. Treasury Bill Token (STBT): Matrixdock’s STBT token enables risk-free yields from U.S. Treasury securities and reverse repos. Pegged 1:1 to USD, interest is rebased to holders’ STBT balances daily.
- Matrixdock Gold Token (XAUm): Each Matrixdock Gold (XAUm) token is backed by one fine troy ounce of high grade LBMA physical gold, stored in reputable custodian vaults in Asia. Matrixdock Gold NFT which has a fixed allocation to a specific bar can be minted using the required number of XAUm tokens.
