According to Matrixdock, XAGm is an institutional-grade tokenized silver product backed by fully allocated LBMA Good Delivery bars and launching first on Ethereum to expand its on-chain precious metals reserve layer.
Matrixdock officially announced XAGm, an institutional-grade tokenized silver product backed by fully allocated LBMA Good Delivery silver bars. According to the company’s official statement, XAGm is issued through Matrixdock’s FRS issuance framework and will first launch on Ethereum. Matrixdock said the new product expands its on-chain precious metals reserve layer.