Creek Finance Launches Gold RWA Protocol on Sui, Integrates Matrixdock's XAUm on May 12

SUI0.90%

According to BlockBeats, Creek Finance launched its core protocol on Sui mainnet on May 12, integrating Matrixdock's XAUm gold token. The protocol enables users to fractionalize, collateralize, trade, and generate yield on tokenized physical gold, with XAUm backed 1:1 by physical gold and verified through third-party audits and on-chain reserve proofs.

Users can now conduct leveraged and yield-generating strategies on gold assets in a permissionless environment, expanding RWA use cases within DeFi on Sui.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments