By Isaac • May 13, 2026 7:55 pm •
Matrixdock announced Monday that its tokenized silver product, XAGm, is now live on Sui. The asset originally launched on Ethereum in March and is backed by fully allocated London Bullion Market Association accredited silver held in institutional vaults.
Expanding to Sui puts XAGm on a chain built for speed. Sui’s parallel execution engine and sub-second finality make it a credible layer for high-frequency DeFi use cases like lending, collateralization, and real-time trading of tokenized commodities. Ethereum gave XAGm issuance. Sui gives it execution.
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One detail from the announcement stands out: the Sui Foundation indicated plans to allocate a portion of its own treasury into XAGm. That is a foundation putting protocol money behind a tokenized physical
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