Matrixdock has announced the integration of its tokenized silver product, XAGm, with the Pyth Network's real-time price oracle on the Sui network. This development, reported on May 19, enhances the infrastructure for trading, lending, and collateralization of on-chain precious metal assets. Both Matrixdock's tokenized gold XAUm and silver XAGm now have independent real-time price data sources. The integration aims to bolster the capabilities of DeFi financial applications by providing institutional-grade infrastructure for on-chain financial reserves. Matrixdock's initiative is part of its broader strategy to enable the financialization of real-world assets (RWA) on the blockchain, facilitating a more robust and efficient financial ecosystem.
Matrixdock Integrates XAGm with Pyth Price Data on Sui Network
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