TechFlow News, March 17: According to a PR Newswire report, Matrixdock has officially launched the on-chain silver token XAGm, bringing London Bullion Market Association (LBMA) Good Delivery–certified silver onto the blockchain and operating it under the Fungible Reserve Standard (FRS) framework.
FRS is an issuance mechanism designed by Matrixdock for real-world asset (RWA) tokenization. It programmatically establishes a transparent and verifiable correspondence between on-chain token supply structures and underlying asset holding structures, enabling tokens to continuously reflect the economic attributes of their underlying real assets.
According to the report, XAGm is backed by physical silver that meets LBMA Good Delivery standards, aiming to provide blockchain users with compliant and traceable exposure to silver.
