logo

Matrixport Launches Gold Token XAUm Collateralized Loan Product, Further Expanding XAUm Financial Use Cases

By: theblockbeats.news|2025/07/16 14:42:02
0
Share
copy
avalonavalon

BlockBeats News, July 16th, Matrixport announced the official launch of the gold token XAUm collateralized lending product on July 16th, supporting XAUm holders to pledge XAUm in the Matrixport APP to borrow USDC or USDT, with a collateralization ratio of 80%. Matrixport's lending products now support collateralized loans for 10 mainstream assets including BTC, ETH, SOL, STBT, and more.

This move comes after Matrixport announced the establishment of a $3 million XAUm strategic reserve, further solidifying its commitment to "promote the enhancement of XAUm application scenarios." Public information shows that XAUm has previously supported swap functions on protocols such as UniSwap, PancakeSwap, Rooster, and has been integrated into mainstream on-chain protocols with over-collateralization such as Kinza Finance, Avalon Finance, and Curve Lend. By integrating XAUm collateralized lending in the Matrixport APP, it not only expands the financial use cases of the gold token XAUm in centralized institutions but also simplifies the way for XAUm holders to increase capital efficiency.

-- Price

--

You may also like

Tom Lee's Ethereum Thesis: Why the Man Who Called the Last Cycle Is Doubling Down on Bitmine

Tom Lee is emerging as one of Ethereum’s most influential supporters. From Fundstrat to Bitmine, his Ethereum thesis combines staking yield, treasury accumulation, and long-term network value. Here is why “Tom Lee Ethereum” has become one of crypto’s most watched narratives.

Naval personally takes the stage: The historic collision between ordinary people and venture capital

Naval personally stepped in as the chairman of the USVC Investment Committee. This SEC-registered fund launched by AngelList attempts to bring top private tech assets like OpenAI, Anthropic, and xAI to the general public with a $500 entry threshold. It is not just a new fund, but a structural experi...

a16z Crypto: 9 Charts to Understand the Evolution Trends of Stablecoins

Stablecoins are evolving from trading tools into universal payment infrastructure, and this process is quieter and more thorough than most people expected.

Refutation of Yang Haipo's "The End of Cryptocurrency"

This may be the true test of cryptocurrency. It's not about whether the price has reached a new high, nor about who will achieve financial freedom in the next bull market, but rather whether, after all the grand narratives have been washed away by cycles, it can still leave behind some simpler, more...

Can a hairdryer earn $34,000? Interpreting the reflexivity paradox of prediction markets

Prediction markets are essentially betting on reality, and when participants can access or even influence this path earlier, the market no longer just reflects reality but begins to shape it in return.

6MV Founder: In 2026, the "landmark turning point" for crypto investment has arrived

"I will deploy funds in 2026, so I will tell you this is the best year in history."
The Joker is back
Bigger pools, auto-play, lucky buffs.
The Joker is backJoin now and grab your rewards.

Contents

Popular coins

Latest Crypto News

10:42

DeFi United rescue latest progress: over 100,000 ETH raised

The DeFi United ecological rescue initiative led by Aave is ongoing. The Arbitrum DAO has released 30,765 ETH that was frozen after the rsETH incident on April 18. The designated donation address has accumulated a total of 100,360 ETH to address the collateral asset gap caused by the rsETH incident ...
10:42

Trump: Suggests continuing with the speech but will fully comply with the instructions of law enforcement

According to Jinshi reports, Trump stated that the Secret Service and law enforcement did an excellent job. They responded quickly and bravely. The shooter has been apprehended, and I suggest we "continue with the speech," but will fully comply with law enforcement's instructions. They (the dinner s...
10:42

Forbes: The market is paying attention to the statements made by the SEC Chairman on Bitcoin at the 2026 conference, with expectations for BTC to return to $80,000 heating up

According to Forbes, Paul Atkins, the chairman of the U.S. Securities and Exchange Commission, recently reiterated the advancement of "Project Crypto" and announced that he will work with the U.S. Commodity Futures Trading Commission (CFTC) to develop a classification framework for digital assets, c...
10:42

Data: The current whale position on the Hyperliquid platform is 3.508 billion USD, with a long-short position ratio of 1.03

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $3.508 billion, with long positions of $1.782 billion, accounting for 50.8% of the holdings, and short positions of $1.726 billion, accounting for 49.2%. The profit and loss for long positions is -$13.4769 ...
10:42

A man in the United States was sentenced to 70 months in prison for participating in a $263 million cryptocurrency scam

According to Cointelegraph, 22-year-old resident Evan Tangeman from California was sentenced to 70 months in prison on Friday for participating in a crime that involved stealing approximately $263 million in cryptocurrency from victims through social engineering scams and burglary.According to a sta...
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com