BitGo, Brink’s, and Matrixdock form a trilateral model of trust linking physical gold, digital custody, and on-chain transparency.

BitGo, the digital asset infrastructure company, has partnered with Matrixdock, a Real-World Asset (RWA) platform under Matrixport, to provide institutional-grade custody for XAUm, the world’s third-largest tokenized gold by assets under management (AUM), according to RWA.xyz. 

This collaboration brings together BitGo’s trusted digital asset custody, Brink’s world-class physical bullion vaulting, and Matrixdock’s institutional-grade tokenization infrastructure, establishing a solid bridge between secure physical gold storage and on-chain financial innovation.

The collaboration broadens access for institutions within the BitGo network's access to securely hold and manage 99.99% LBMA-accredited physical gold on-chain.

What Is XAUm?

XAUm is institutional-grade, programmable gold. Each XAUm token represents one troy ounce of 99.99% pure, LBMA-accredited gold, securely stored in Brink’s vaults across Asia.

Every token is verifiable in real time through Matrixdock’s on-chain proof-of-reserve and Allocation Lookup Tool, allowing users to trace each XAUm token to the specific gold bar ID, refiner, weight, and vault location.

By bridging physical reserves with programmable finance, XAUm makes gold available as a composable on-chain asset that can be deployable in supported decentralized finance (DeFi) applications, automated strategies, and smart contracts.

BitGo’s Role in Safeguarding XAUm

Through BitGo Trust Company Inc., regulated under U.S. and international frameworks, institutional clients can now hold XAUm tokens within BitGo’s qualified custody and secure wallet infrastructure.

This partnership delivers:

• Custody of XAUm under a regulated trust structure, ensuring fiduciary protection and asset segregation.

• Implementation of multi-signature, policy-based controls, providing governance over how digital gold is accessed, transferred, and managed.

• Consolidation of tokenized gold alongside other tokenized assets and cryptocurrencies within a single institutional-grade platform for treasury and portfolio management.

BitGo’s expertise in institutional custody enables XAUm to meet robust standards of security, compliance, and operational governance.

A Trilateral Model of Trust: BitGo, Brink’s, and Matrixdock

This collaboration builds on BitGo’s strategic partnership with Brink’s Global Services, (NYSE: BCO), the world leader in secure logistics and physical asset custody. In 2024, Brink’s made a strategic investment in BitGo, strengthening the bridge between physical-asset protection and digital-asset infrastructure. Brink’s 166-year history as a global leader in asset security and their commitment to best-in-class security is universally known.
(Read the announcement on BitGo.com)

With Matrixdock’s XAUm physically backed by LBMA-accredited gold stored in Brink’s vaults, the partnership establishes a trilateral trust architecture that unites:

• Physical integrity and storage security – Brink’s Global Services
  
  

• Digital asset infrastructure and compliance – BitGo Trust
  
  

• Tokenization and real-time proof-of-reserve transparency – Matrixdock
  
  

Collectively, these three layers establish an assurance framework for tokenized gold, linking investment-grade physical reserves, verifiable on-chain transparency, and institutional-grade custody into one unified trust architecture.

Why This Matters

The partnership between BitGo and Matrixdock marks a significant milestone in the institutional adoption of tokenized commodities. By combining Matrixdock’s RWA infrastructure with BitGo’s regulated custody solutions and Brink’s physical asset protection, XAUm delivers programmable, transparent, and verifiably backed gold to institutional investors.

As tokenized assets continue to reshape global markets, XAUm exemplifies how trusted custody and open verification can merge to deliver both tradition and innovation, seamlessly bridging physical value and digital utility in a single framework.

About BitGo

BitGo is the digital asset infrastructure company, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, BitGo has been focused on accelerating the transition of the financial system to a digital asset economy. With a global presence and multiple regulated entities, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, and millions of investors.