NewsHK
Singapore's Silver Moves On-Chain: Matrixdock Lists LBMA-Backed XAGm on Sui HONG KONG — A Singapore-issued silver token landed on Sui this week, and the listing matters less for what it is than for the corridor it opens.
Matrixdock, the real-world-asset arm operating out of Marina Bay, has wired its LBMA-certified silver wrapper, XAGm, into the Sui network — pulling one of the oldest hedges in Asian household balance sheets onto a Move-based Layer 1 with sub-second finality.
Each XAGm unit represents a troy ounce of London Bullion Market Association good-delivery silver, vaulted offshore and audited on a recurring proof-of-reserve cadence.
Sui's settlement profile — cheap, fast, and increasingly courted by institutional desks in Tokyo and Singapore — gives the token a venue that retail traders across the region can actually touch without a Comex account or a Hong Kong vault receipt.
Keep reading