SINGAPORE, June 24, 2026 /PRNewswire/ -- Matrixdock, Asia's leading Real-World Asset (RWA) tokenization platform, today announced the expansion of its flagship tokenized gold product, XAUm, to the Stellar network, extending institutional-grade access to physical gold through Stellar, an established blockchain platform for payments, asset issuance, and real-world asset innovation.
The expansion to Stellar reflects Matrixdock's continued commitment to connecting traditional stores of value with blockchain-based financial infrastructure. Institutional-grade tokenized gold is now natively issued on Stellar, extending XAUm's role as a reserve-grade asset in on-chain financial systems. XAUm has grown to rank among the top 4 tokenized gold products globally and Asia's largest, with over 88,000 unique on-chain addresses and 730,000 lifetime transactions across its ecosystem.
The Stellar Development Foundation is making a direct investment in XAUm as part of its on-chain treasury diversification, reinforcing XAUm's growing role as a reserve-grade asset for institutional treasuries.
Stellar's established infrastructure for asset issuance, payments, and financial applications makes it a natural home for XAUm as Matrixdock complements this foundation by serving as the reserve layer for on-chain finance, bringing institutional-grade assets on-chain with transparency, asset integrity, and real utility.
This follows a May 2026 collaboration between the Stellar Development Foundation and The Depository Trust & Clearing Corporation (DTCC), whose subsidiaries processed $4.7 quadrillion in securities transactions in 2025. DTCC announced plans to connect its tokenization service to the Stellar network as part of its multi-chain strategy.
"Bringing XAUm to Stellar gives institutions and treasuries access to an asset that strengthens the network's foundation for real-world finance," said Raja Chakravorti, Stellar Development Foundation Chief Business Officer.
XAUm is a fully allocated, institutional-grade tokenized gold asset. Each XAUm token is backed 1:1 by 99.99% purity LBMA-accredited physical gold, securely stored with leading custodians Brink's and Malca-Amit. Reserves are independently audited by Bureau Veritas, the same firm that verifies the world's largest gold ETFs, with Stellar smart contracts audited by OtterSec and Runtime Verification.
Expanding the Utility of Tokenized Gold
As the tokenized asset market continues to evolve, attention is increasingly shifting from simply bringing assets on-chain toward enabling practical financial applications around them.
"Every chain we expand to must meet the same standard as our assets do: institutional trust, verifiable integrity, and real utility," said Eva Meng, Head of Matrixdock. "Stellar's proven track record in connecting financial institutions to blockchain infrastructure and its growing role in real-world assets make it a natural fit for Matrixdock's vision. By bringing fully allocated, independently audited gold onto Stellar, we're expanding access to transparent, institutional-grade reserve assets across leading blockchain networks."
XAUm will be integrated with Stellar DEX liquidity pools and lending markets, with on-chain liquidity support provided by Wave Digital Assets. XAUm-dedicated deposit vaults will also be launched in partnership with Stellar, enabling institutional clients to deposit, hold, and earn XAUm natively.
These integrations are designed to establish XAUm as a core RWA collateral asset across the Stellar ecosystem, providing users, protocols, and institutional treasuries with access to a physically-backed, fully-allocated gold instrument with on-chain utility.
By issuing XAUm on Stellar, Matrixdock is advancing a vision of bringing transparent, verifiable, high-quality reserve-grade assets into on-chain capital markets.
About Stellar
The Stellar network is a decentralized, fast, scalable, and uniquely sustainable blockchain built for financial products and services. It offers builders smart contracts functionality and a protocol optimized for payments, with a design intended to keep fees low and to provide transaction speeds that can scale with increased adoption. Financial institutions and innovators worldwide issue assets and settle payments on the Stellar network, which has processed billions of operations with millions of accounts since the network was first launched.
This announcement is for informational purposes only and is not investment, financial, legal, or tax advice, or an offer to sell or solicitation to buy any asset. XAUm availability, redemption, and related services are subject to applicable terms, eligibility requirements, and jurisdictional restrictions.
About Matrixdock
Matrixdock is Asia's leading real-world asset (RWA) tokenization platform, focused on bringing institutional-grade assets onto on-chain capital markets through fully allocated, transparent, and verifiable structures.
Its products include Matrixdock Gold (XAUm) and Silver (XAGm), each backed 1:1 by LBMA-accredited bullion with token-to-bar allocation, and STBT, a tokenized short-term U.S. Treasury product designed for on-chain liquidity and collateral use. All assets are held in professional custody, independently verified, with full transparency and integration across leading blockchain ecosystems.
Matrixdock also partners with sovereign and institutional initiatives, including the architecture and technical development of TER, the world's first sovereign-backed gold token for Gelephu Mindfulness City (GMC) in the Kingdom of Bhutan.
Matrixdock is building the reserve layer for on-chain capital markets.
Matrixdock official website: https://www.matrixdock.com/
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Matrixdock Expands XAUm to Stellar, Bringing Bureau Veritas-Audited and LBMA-Accredited Tokenized Gold to the Stellar Ecosystem
Korea-U.S. Physical AI Cooperation Gets Underway -- Joint Development of AI Semiconductor-Based Products
EL DORADO HILLS, Calif. and SEOUL, South Korea, June 24, 2026 /PRNewswire/ -- SPHERE AX (CEO: Yunha Park), a company specializing in Vision AI and Edge AI Computing, announced that it signed a strategic memorandum of understanding (MOU) with Blaize Holdings, Inc. (Nasdaq: BZAI, Nasdaq: BZAIW) ("Blaize"), a global AI semiconductor company based in El Dorado Hills, California, U.S.A., and will pursue joint development and commercialization of AI semiconductor-based products, aiming to establish a leading position in the global Physical AI market.
The signing ceremony was held prior to the "Policy Roundtable for Korea-U.S. Physical AI Cooperation and the Creation of an AI Industry Innovation Ecosystem" at the National Assembly. The ceremony coincided with ongoing discussions regarding strengthening the national competitiveness of the AI semiconductor industry and expanding global technology cooperation.
Through this cooperation, the two companies intend to explore a collaborative framework across a wide range of areas, including joint research and development in Edge AI Computing, potential commercialization of AI semiconductor-based solutions, business development opportunities across target industries, and joint business development for domestic and overseas customers.
In particular, this cooperation is significant because, through it, the parties intend to build a Korea-based AI product connecting overseas core semiconductor technology with domestic productization for global supply.
Together, Blaize and SPHERE AX plan to develop a next-generation physical AI solution targeted at the global market by combining Blaize's AI semiconductor technology, optimized for physical AI, with SPHERE AX's core software expertise, including its vision AI. The jointly developed solution is expected to be applied across various sectors, including smart cities, smart factories, industrial safety, security, robotics, and mobility, making a meaningful step in Korea-U.S. cooperation in the physical AI sector.
Beginning with this strategic partnership, the partners intend to work toward establishing an AI semiconductor-based product development and production system in Korea and actively contribute to strengthening Korea's AI industry competitiveness and expand the global supply chain by linking their efforts with the government's AI semiconductor industry promotion policies and Korea's advanced manufacturing industries. Through its engagement with SPHERE AX, Blaize recognized the company's technology capabilities and growth potential in the Korean market, and both companies intend to build their collaboration over the long term.
Yunha Park, CEO of SPHERE AX, stated, "This cooperation will be more than a simple technology alliance. It will be the first step toward developing and producing actual commercial AI products in Korea based on globally competitive AI semiconductor technology." Yunha added, "We will continue to expand various global businesses so that Korea can grow into a key production hub in the global Edge AI market."
Dinakar Munagala, CEO of Blaize, stated, "Korea is a strategically important market, combining global technology leadership with the speed to bring new AI solutions to market." Munagala added, "Through our partnership with SPHERE AX, we'll create new growth opportunities and expand the reach of our platform from Asia into the global market."
Company Introductions
SPHERE AX
A company specializing in Vision AI and Edge AI Computing, SPHERE AX provides solutions in the fields of Automotive, Robotics, Smart Factory, and Industrial Safety AI based on its proprietary AI video analytics technology.
Blaize
Blaize Holdings, Inc. (Nasdaq: BZAI, Nasdaq: BZAIW) ("Blaize"), is an AI semiconductor company headquartered in El Dorado Hills, California, with a global presence. The company delivers a programmable AI platform purpose-built for AI inference in real-world environments. Its Hybrid AI architecture combines the proprietary Blaize GSP (Graph Streaming Processor) with GPU-based infrastructure, enabling AI workloads to run across edge, cloud, and data center. Blaize's solutions support computer vision, multimodal AI, and sensor-driven applications across smart cities, industrial automation, telecommunications, retail, logistics, and mission critical.
Cautionary Statement Regarding Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the U.S. Securities Exchange Act of 1934, as amended (the "Exchange Act") that are based on beliefs and assumptions and on information currently available to Blaize, including expectations and scope of the Memorandum of Understanding with Sphere AX, the potential value, investment in, and results of the engagement, the availability of integrated solutions, the industry in which Blaize operates, market opportunities, and product offerings. In some cases, you can identify forward-looking statements by the following words: "may," "will," "could," "would," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "project," "potential," "continue," "ongoing," "target," "seek" or the negative or plural of these words, or other similar expressions that are predictions or indicate future events or prospects, although not all forward-looking statements contain these words. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to those factors discussed under the heading "Risk Factors" in our Annual Report on Form 10-K filed with the Securities and Exchange Commission ("SEC") on March 24, 2026, as amended by Amendment No.1 on Form 10-K/A filed with the SEC on April 30, 2026, our Quarterly Report on Form 10-Q filed with the SEC on May 14, 2026, and other documents filed by Blaize from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Blaize assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law, including the securities laws of the United States and the rules and regulations of the SEC. Blaize does not give any assurance that it will achieve its expectations.
Blaize Contact
press@blaize.com
www.blaize.com
Investors
ir@blaize.com
www.blaize.com
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SPHERE AX Partners with U.S. AI Semiconductor Company Blaize at the National Assembly
