Matrixdock's XAUm Token Grows from $5M to $40M AUM in Six Months
Matrixdock's XAUm Token Grows from $5M to $40M AUM in Six Months
🏆 Gold Token's 8x Growth
Matrixdock's gold-backed token XAUm has seen significant growth, reaching $40M in assets under management within six months. Each XAUm token represents one troy ounce of 99.99% pure gold, stored in Singapore and Hong Kong vaults.
Key features:
- Fully backed by LBMA-accredited gold
- Traceable and verifiable on-chain
- Physical redemption available
On Kinza Finance, users can:
- Create leveraged long positions
- Execute shorting strategies
- Trade BTC-gold correlations
The platform offers looped positions where a $100 USDT deposit can create a $300 XAUm position through borrowing.
Read a summary of our chat with @matrixdock for the Kinza Real Yield Vision podcast here 👉 medium.com/@kinzafinance/… We discussed $XAUm beginnings, current demand for gold, storing and redeeming on-chain gold, and strategies for putting $XAUm to work on Kinza ⚡️
Introducing the Kinza Real Yield Vision Podcast 🌅 Each episode, we chat with a Kinza Finance partner to learn more about what they have built, why they have built, and chat about current opportunities ⚡️ (1 of 2) 👇
SEC Commissioner Atkins Discusses DeFi Future at Roundtable
SEC Commissioner Paul Atkins delivered remarks at a DeFi roundtable, highlighting key regulatory perspectives on decentralized finance. - Emphasized need for balanced approach to DeFi regulation - Acknowledged potential for innovation while addressing risk concerns - Discussed framework for determining securities classification in DeFi protocols The Commissioner's stance suggests a more nuanced regulatory approach compared to previous SEC positions. Industry participants noted this could signal a gradual shift toward clearer DeFi guidelines. *View full speech*: [SEC.gov Official Remarks](https://www.sec.gov/newsroom/speeches-statements/atkins-remarks-defi-roundtable-060925)
Kinza Monad Testnet Paused for Mainnet Integration
Kinza Finance has temporarily paused their Monad testnet dApp as they prepare for integration with the upcoming Monad mainnet. Key updates: - Early adopters from the past 4 months will receive testnet MON tokens - Users will be awarded Kinza Airdrop Points - Previous distribution included 10 Airdrop Points to all users who engaged with the platform Check your airdrop status at [Kinza Finance Dashboard](https://app.kinza.finance/#/referral) *Further details about testnet MON distribution will be announced soon.*
kBTC Holders Receive BABY Airdrop, Redemption and Bridge Coming Soon
Babylon Labs has completed the initial $BABY airdrop distribution to eligible $kBTC holders. Those who haven't submitted their BBN addresses will have another opportunity to claim later. Upcoming milestones for $kBTC: - PancakeSwap pool seeding and redemption enablement - Bridging functionality to Babylon chain - Extension to additional chains The airdrop was based on a March 13, 2025 snapshot, with 90% of Kinza's earned $BABY tokens distributed to kBTC holders on a time-weighted basis.
Kinza Airdrop Points Season 2 Launches
Kinza Finance has launched Season 2 of their Airdrop Points system, running from April 11 to July 11, 2025. Following Season 1's success with $290M+ in deposits, the new season maintains the same point calculation: $100 TVL for 1 day = 1 point. Key updates: - Season 1 points are preserved and viewable on dashboard - Automatic point earning continues for existing depositors - 10% bonus points for referrals - New achievements system including Whale, OG, Degen categories Visit [Kinza Finance](https://app.kinza.finance) to start earning points for the upcoming KZA token launch. *No action needed for existing users - points accumulation begins automatically.*