Asia's Newest Crypto Hub: Gelephu Mindfulness City Partners with Matrixdock for Pioneering Gold Tokenization Initiative

SINGAPORE and GELEPHU, Bhutan, Dec. 11, 2025 /PRNewswire/ -- Gelephu Mindfulness City (GMC) is rapidly emerging as a leading, crypto-friendly jurisdiction in Asia, backed by a clear, progressive regulatory framework for digital assets. Highlighting this strategic direction, the GMC Authority (GMCA) has appointed Matrixdock as the tokenization technology partner for GMC's gold-backed token, TER.

This strategic collaboration follows the recent granting by the GMC Authority (GMCA) of a Financial Services Licence to Matrixdock's parent company, Matrixport, a global crypto financial services leader. This dual announcement signals GMC's serious commitment to building a transparent and secure global hub for digital finance and attracting top-tier blockchain innovation.

Under this partnership, Matrixdock serves as the key tokenization technology provider for TER. Leveraging its leadership in gold tokenization and institutional-grade infrastructure, Matrixdock will develop the tokenization infrastructure underpinning TER. This initiative underscores GMC's mission to advance a secure, transparent and digital-first financial ecosystem that enhances macroeconomic resilience and expands access to prosperity for individuals and enterprises in GMC and internationally. 

The groundbreaking collaboration was celebrated with statements from key figures driving this initiative:

HB Lim, Managing Director (Financial Services), GMCA stated: "GMC aims to be an innovative, transparent, and blockchain-centred hub for digital assets, and regulatory clarity is our competitive edge. The licensing of Matrixport and appointment of Matrixdock are significant milestones, and we are currently in advanced discussions with a strong pipeline of other international digital asset firms who recognize GMC's unique advantage as a secure and growth-focused base of operations."

Yudong Zhang, CEO of DK Bank, GMC's pioneering digital-first bank, said: "As the financial gateway to Gelephu Mindfulness City, our mission is to connect the traditional and digital financial services and to offer user-friendly, reliable, and rewarding financial products and services to everyone. The infrastructure that Matrixdock will develop is critical to our operations and will enable a new paradigm of efficient cross-border and domestic transactions for all stakeholders. We look forward to a close collaboration to integrate these pioneering systems."

Mr. John Ge, CEO of Matrixport, commented: "Receiving the Financial Services Licence was our foundation, and building the technological future of GMC is our next commitment. We are honored to support His Majesty's visionary leadership. This partnership is a testament to the unique capabilities of the Matrixport digital asset ecosystem to bridge global technological innovation with sovereign ambitions."

Eva Meng, Head of Matrixdock, added: "This collaboration represents a defining step forward in the evolution of sovereign digital finance. Matrixdock is honored to support GMC by applying our advanced digital-asset infrastructure and insights gained from our leadership in gold tokenization to help lay the foundation of a trusted and inclusive financial ecosystem. The introduction of a sovereign gold-backed token will be the key instrument through which we aim to empower Bhutan's citizens and position GMC as a global model for innovation grounded in stability and real-world value."

This partnership exemplifies how sovereign vision and private innovation can converge to build the next generation of digital financial infrastructure. Through the collaboration between Bhutan, Matrixport, and Matrixdock, Gelephu Mindfulness City is shaping a new paradigm of monetary resilience anchored in efficiency and inclusive access. It positions Bhutan as a leader among frontier economies in harnessing technology to build an inclusive financial infrastructure that benefits its citizens while strengthening global connectivity.

About Gelephu Mindfulness City (GMC)
The Gelephu Mindfulness City Special Administrative Region is a visionary initiative creating a world-class economic hub in southern Bhutan, centered on mindfulness, sustainability, and innovation. The SAR integrates traditional Bhutanese values with globally recognized legal frameworks, cutting-edge design and technology, while harnessing the Kingdom's abundant renewable energy resources to serve as a global exemplar of holistic development.

About DK Bank
DK Bank is Bhutan's first digital bank, regulated by the Royal Monetary Authority of Bhutan and Gelephu Mindfulness City Authority. The bank provides comprehensive digital financial services including real-time fund transfers, QR payments, foreign exchange, and daily interest accounts through its mobile banking platform.

About Matrixport
Founded in 2019, Matrixport is a global leading one-stop digital asset financial services platform that bridges traditional finance with the digital asset ecosystem through technology and regulatory compliance. The company has grown into a unicorn with a valuation exceeding US$1 billion and has established a licensed and regulated presence across major financial centres, including Singapore, Hong Kong, Switzerland, the United Kingdom, and the United States. With seven offices worldwide, Matrixport manages more than US$7 billion in assets, facilitates monthly trading volumes exceeding US$7 billion, with cumulative interest payments surpassing US$2 billion. Its platform offers a comprehensive range of digital financial services including custody, wealth and yield management, structured products, and trading solutions for global clients.

Matrixport official website: https://www.matrixport.com

About Matrixdock
Matrixdock is a premier platform under Matrixport Group that offers access to high-quality Real World Assets (RWA) through advanced tokenization technology. Its flagship product, XAUm, is a tokenized gold asset fully backed by 99.99% purity LBMA-accredited gold. XAUm stands as the world's third-largest gold token by AUM and leads the industry in secondary-market trading liquidity.

With a steadfast focus on building a trusted and secure RWA ecosystem for cryptocurrency, Matrixdock aims to provide diversified investment opportunities while setting new standards for trust and governance in the digital asset space.

Matrixdock official website: https://www.matrixdock.com/ 

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Asia's Newest Crypto Hub: Gelephu Mindfulness City Partners with Matrixdock for Pioneering Gold Tokenization Initiative

KUALA LUMPUR, Malaysia, April 2, 2026 /PRNewswire/ -- BOH is honoured to have been invited to participate in Khazanah Nasional's Dana Warisan initiative at the iconic Bangunan Sultan Abdul Samad, one of Malaysia's most significant, historic and architecturally rich landmarks, renowned for its Moorish-inspired design.

The Dana Warisan initiative is part of the larger Warisan KL project which seeks to conserve and rejuvenate national heritage assets by reimagining them for adaptive reuse as inclusive, dynamic and living spaces. Launched by Prime Minister Dato' Seri Anwar Ibrahim,  Warisan KL unites government agencies, GLCs, GLICs, private partners, and communities to transform heritage buildings into platforms that connect the past with the present, foster civic pride, engage communities - including visitors and tourists - and inspire future generations.

BOH's presence at Bangunan Sultan Abdul Samad reflects a shared history that dates back to the formative years of Kuala Lumpur. The Russell family, founders of BOH, have been part of Malaya's development since 1890, when John Russell, fondly known as 'Jack', arrived in the Straits Settlements as the Selangor Government Printer. Serving under the British Resident in Selangor, Jack played a key role in documenting Malaya's early governance, infrastructure and social life, at a time when the Government Offices, today known as the Bangunan Sultan Abdul Samad, stood at the heart of the nation's administrative life.

From the early years, the family actively participated in Malaya's progress, across printing, engineering, construction, mining, agriculture and commerce. This legacy continued on when J.A. Russell, one of Jack's sons, founded BOH Plantations in 1929, pioneering Malaya's first highland tea garden in the Cameron Highlands and laying the foundation for what would become Malaysia's most beloved tea brand.

"Being part of the Warisan KL initiative at Bangunan Sultan Abdul Samad is deeply meaningful for BOH," said Caroline Russell, Chairman of BOH.  "It allows us to celebrate not only our own legacy but also the broader narrative of Malaysia's growth, one shaped by people, places and shared histories."

"Our journey in Malaya began in 1890, at a time when this very building symbolised administration, progress and the shaping of a nation," she added. "To share BOH's story within a landmark that has witnessed Malaysia's transformation is a powerful reminder that heritage is not static. It is an invaluable treasure we carry forward, nurture and pass on with purpose. We hope visitors will see how heritage lives on, not only in historic walls, but in ideas, values and everyday rituals, such as sharing a cup of tea," she reminisced.

Rooted in nearly a century of Malaysian heritage, BOH's history is one of enterprise, resilience and long-term stewardship - values that resonate strongly with Warisan KL's commitment to sustainable nation-building.

As part of this initiative, BOH is presenting curated exhibits recounting its legacy from 1890 to the present, offering visitors an immersive journey through its heritage and participation in Malaysia's development. Visitors can also take home a tangible part of this living legacy through BOH iconic teas, available for purchase at its onsite retail outlet.

"It is our hope that BOH's story can inspire Malaysians to reconnect with the past while looking confidently toward the future," added Caroline.

As BOH approaches a century of tea-making excellence, its participation in this rejuvenation project reaffirms a long-standing commitment to heritage, sustainability and community - brewing a legacy that continues to evolve with the nation. BOH…. Brewing for Tomorrow.

Visitor Information

• Venue: Bangunan Sultan Abdul Samad, Kuala Lumpur
• Access: BOH Gallery open to the public free of charge
• Opening Hours: Daily, 9.00am – 6.00pm 

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BOH Shares its Deep 'Malayan' Roots and Living Legacy at Bangunan Sultan Abdul Samad through Khazanah's Dana Warisan Initiative