Tokenized gold XAUa launches on Sui
According to Odaily, the Hong Kong-regulated tokenized gold XAUa has been launched on Sui. This token is minted based on Sui's Permissioned Asset Standard (PAS), issued by AlphaToken, with TBook responsible for distributing it to on-chain users. Each XAUa is backed by physical gold stored in Hong Kong, and holding or purchasing the token requires meeting eligibility criteria. According to PAS rules, the issuer programs compliance rules into the policy, and each transfer must pass verification before settlement; transfers that do not pass will be rejected and balances remain unchanged. TBook has migrated and rebuilt its vault issuance platform to PAS. In the future, RWA issuers can directly issue vaults with the same compliance controls on Sui.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AI drives "light" merger and acquisition: Marvell Technology (MRVL.US) seeks to acquire Lumentum (LITE.US), potentially entering the top ten largest tech deals in history
Marvell is in talks to acquire optical device maker Lumentum, which currently has a market value of 8.3 billion dollars. The transaction may be announced next week.
Australian Dollar holds above 0.7050 as hot CPI boosts RBA hike bets
Commodity cost headwinds increase to 2.5 billions USD, Ford Motor (F.US) sees core profit edge up 4% against the trend in Q3 and raises its annual guidance lower limit
Ford's Q3 adjusted EPS exceeded expectations by 20%, and the company raised the lower end of its full-year profit guidance to $10.5 billion; however, revenue slightly missed expectations, causing shares to fall nearly 2% after hours.
Crypto prices
More
