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Forensic dossier

XAUm

XAUm · Matrixdock — Matrixport

UtilityDirect ownership title to allocated gold held in custody.

What the forensic review found

One XAUm represents one troy oz of 99.99 pct LBMA gold, fully allocated rather than pooled, with a token-to-bar lookup - per issuer launch materials.

This asset was researched forensically under the FORA-01 protocol — a review of issuer terms, custodians, audits, and liabilities — rather than through the whitepaper process.

Primary sources

Research status

Classification: Forensic dossier · Reviewed · The links above are the reviewed evidence.

Machine-readable summary →

👁️ Evidence dossier

Verification classClass BFORA-01 scale — verification, not a quality ranking
Claim type · Direct title (gold) · Forensic review
What does the holder own?

Title, redemption claim, fractional ownership, reserve exposure — or just narrative.

One XAUm represents one troy oz of 99.99 pct LBMA gold, fully allocated rather than pooled, with a token-to-bar lookup - per issuer launch materials.

high confidence
Verified
Who holds the underlying?

Needs an identifiable custodian or entity — not a wallet address or a label.

Brink's Hong Kong, Brink's Singapore and Malca-Amit Singapore named in issuer launch materials and a community listing proposal; custodian records not directly inspected.

high confidence
Partially verified
How are reserves checked?

Custodian records → inventory → third-party audit → supply reconciliation.

July 2026 Bureau Veritas bar-by-bar audit figures (508 bars / 16,331.184 oz vs 16,331.179 XAUm) via Matrixdock-placed press release; the auditor's direct report was not inspected.

high confidence
Partially verified
How does redemption work?

Eligibility, minimums, fees, KYC, settlement — and what happens to the token.

Physical redemption in Singapore or Hong Kong from 1 kg; atomic XAUm-to-USDC redemption reported - per issuer launch materials.

high confidence
Verified
Who is liable if redemption fails?

A legally accountable entity and jurisdiction — not a DAO label.

Matrixport-affiliated issuer with Appleby trustee and daily redemption rights - per issuer materials and listing proposal.

high confidence
Verified

❔ UNVERIFIED means not yet researched — not disproven. Rows marked “researched” were investigated and independent evidence was not found. Coverage expands as FORTUNA verifies. Method: FORA-01 Asset Claim Verification Protocol.

❔ Frequently asked questions

What is XAUm (XAUm)?

One XAUm represents one troy oz of 99.99 pct LBMA gold, fully allocated rather than pooled, with a token-to-bar lookup - per issuer launch materials.

What does the holder own?

One XAUm represents one troy oz of 99.99 pct LBMA gold, fully allocated rather than pooled, with a token-to-bar lookup - per issuer launch materials.

What is XAUm's verification status?

XAUm (XAUm) carries verification class B (Class B): a mix of VERIFIED and PARTIALLY VERIFIED with no UNVERIFIED and no CONTRADICTED findings. What would change it: Independent evidence closing the partially verified gaps would move it to Class A.

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