Matrixdock, the RWA tokenization platform under BIT, formerly Matrixport, has completed its fourth consecutive semiannual independent reserve audit. The latest review was again conducted by Bureau Veritas and, for the first time, brought tokenized silver product XAGm into scope alongside XAUm.
The company said the latest cycle means it has now maintained a unified and ongoing independent verification process for two straight years. According to Matrixdock, this is also the second consecutive year in which Bureau Veritas has handled the reserve verification work.
Same verifier retained for a second year
Matrixdock said using the same independent audit institution over multiple periods helps keep the process stable and consistent. It also said that repeated engagement allows the verifier to gain a deeper understanding of its reserve structure and makes it easier to identify potential anomalies in future reviews.
The company refers to this multilayer framework as its Reserve Transparency Stack, a structure designed to give token holders continuing visibility into the assets backing the tokens.
574 bars checked across three vaults
According to Bureau Veritas, the audit included physical verification of Matrixdock’s precious metal reserves and confirmed that the reserve assets matched Matrixdock’s records.
The review covered 574 gold and silver bars from LBMA-accredited refiners. The bars were stored in three institutional-grade vaults:
- Malca-Amit Singapore, audited on July 3, 2026
- Brink's Hong Kong, audited on July 8, 2026
- Brink's Singapore, audited on July 15, 2026
During the audit, every bar was individually weighed and measured. Compared with the audit for the second half of 2025, the latest review added 26 gold bars and expanded the scope to include 66 silver bars.
XAUm reserve data
As of the audit date, XAUm, Matrixdock’s tokenized gold product, covered 508 audited gold bars representing 16,331.184 troy ounces of gold. XAUm had a circulating supply of 16,331.179 tokens, broken down as follows:
- EVM chains: 11,242.657
- Sui: 2,677.413
- Solana: 1,575.248
- Stellar: 771.552
Using a gold price of $4,046.86 per troy ounce, Matrixdock put the corresponding asset value at about $66.09 million.
XAGm added to the audit for the first time
The same audit also covered XAGm, Matrixdock’s tokenized silver product. As of the audit date, the review covered 66 silver bars representing 65,934 troy ounces of silver.
XAGm had a circulating supply of 65,998.551 tokens, split between:
- Ethereum: 33,004.219
- Sui: 32,990
The reported ozPerToken was 0.999021918. Using a silver price of $61.24 per troy ounce, Matrixdock said the corresponding asset value was about $4.04 million.
The audit found no discrepancies after matching all precious metal bars against records held by the relevant vaults. As of the audit date, XAUm reserve assets matched the number of circulating tokens. For XAGm, reserve assets matched circulating token supply after applying the stated ozPerToken figure.
Monthly disclosures and onchain reserve tools remain in place
Beyond the semiannual independent reserve audit, Matrixdock said it also publishes monthly reserve asset statements, onchain Proof of Reserves for its precious metal products, and a Gold Allocation Lookup tool. The company said holders can use these disclosures to check the mapping between specific gold bars and the related tokens, allowing continuing verification of the underlying assets instead of relying only on periodic audit results.
Matrixdock also said it will continue to assess potential cooperation with third-party global service providers to strengthen asset-level verification of offchain reserve assets while protecting client privacy.
Audit report link released
Matrixdock said that when underlying reserves remain continuously verifiable, those reserve assets can take part in more onchain financial use cases, including institutional treasury management, financial applications, and lending markets. It also said that as tokenized assets move from simple asset-mapping tools toward financial infrastructure, continuous verifiability of underlying reserves is becoming an important basis for assessing reserve asset quality. The company said this fourth consecutive semiannual independent reserve audit reflects its long-term commitment to building a Reserve Layer for onchain finance.
Audit report: https://2505056629-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZx9GNWaNV9JB3JZlW74D%2Fuploads%2FVaFEA9CzGKo22HcojuSO%2FMatrixdock%20Gold%20Bureau%20Veritas%20Audit%20Jul%202026.pdf?alt=media&token=54e9714e-c65f-4b0c-8bcf-c7869956dd20