AZG vs XAUm
AZ Gold Reserve and Matrixdock Gold are both gold tokens, so this page compares them. AZG is issued by AZ Reserves Ltd on Ethereum. XAUm is issued by Matrixdock, under a special purpose trust. Appleby Global Services is the trustee and Hamilton Services is the enforcer. The custody page does not publish a separate issuer company number. on Ethereum. The cited pages differ on issuer, custodian, fees, redemption, minimum size. A dash is a field the issuer page does not state. The reverse URL redirects to this alphabetical pair.
All RWA tokens · AZ Gold Reserve · Matrixdock Gold
| Field | AZ Gold Reserve | Matrixdock Gold |
|---|---|---|
| Ticker | AZG | XAUm |
| Asset class | Gold | Gold |
| Issuer | AZ Reserves Ltd | Matrixdock, under a special purpose trust. Appleby Global Services is the trustee and Hamilton Services is the enforcer. The custody page does not publish a separate issuer company number. |
| Issuer jurisdiction | — | — |
| Regulator | — | — |
| Token type | Reserve-backed digital asset linked to pledged bullion, in-ground resources and above-ground resources. | Tokenized allocated gold. A documented redemption burned 32.148 XAUm for one 1 kg LBMA bar and described 1 XAUm as 1 troy ounce. Reserves are described as LBMA-accredited gold with a stated 1:1 backing. |
| Custodian | — | Brink's manages the vaults in Singapore and Hong Kong. The custody page also names Malca-Amit as a storage provider and as a backup still being discussed. A 22 Apr 2025 redemption was collected at Malca-Amit vaults, Le Freeport, Singapore. |
| Auditor | Hashlock (smart-contract audit of the AZ Reserves Ltd token contracts, final report v2). This is a code audit, not a reserve attestation. | Bureau Veritas performs quarterly audits of the quantity and quality of the reserves. Matrixdock also points to monthly asset statements and LBMA refinery invoices. |
| Chains | Ethereum | Ethereum |
| Fees | — | The mint and redeem docs say stablecoin redemption includes redemption fees and currency fees, without a standing schedule on that page. A documented 1 kg physical redemption transferred 32.22837 XAUm, which Matrixdock says included a 0.25% redemption fee, for 32.148 XAUm burned. |
| Redemption | Arizore terms say the operator does not guarantee liquidity, market access, convertibility or a redemption pathway. | KYC is required. Stablecoin redemption runs on working days from 6:00 pm to 5:00 pm the next day, New York time, and stablecoins are sent within T+3. Physical LBMA gold redemption starts at 32.148 XAUm, described as a 1 kg bar, by pickup or secured delivery in Singapore or Hong Kong. The April 2025 collection was within T+3 of the request. |
| Minimum unit | — | 1 XAUm = 1 troy ounce, as stated on the documented 1 kg redemption (32.148 troy ounces). |
| Launched | — | — |
| Website | https://arizore.io/ | https://www.matrixdock.com/ |
| CoinGecko id | — | — |
| Market cap | — | — |
| Supply | — | — |
How to buy AZG
The cited catalog does not include an official how-to-buy path for AZ Gold Reserve.
Who can and cannot hold AZG
The issuer does not publish a jurisdiction for AZ Gold Reserve.
The issuer does not publish a regulator for AZ Gold Reserve.
The cited catalog does not include a restricted-holder statement for AZ Gold Reserve.
What redemption actually means in practice for AZG
Redemption, as published: Arizore terms say the operator does not guarantee liquidity, market access, convertibility or a redemption pathway.
The issuer does not publish a minimum size for AZ Gold Reserve.
The issuer does not publish an issuer fee for AZ Gold Reserve.
How to buy XAUm
The cited catalog does not include an official how-to-buy path for Matrixdock Gold.
Who can and cannot hold XAUm
The issuer does not publish a jurisdiction for Matrixdock Gold.
The issuer does not publish a regulator for Matrixdock Gold.
The cited catalog does not include a restricted-holder statement for Matrixdock Gold.
What redemption actually means in practice for XAUm
Redemption, as published: KYC is required. Stablecoin redemption runs on working days from 6:00 pm to 5:00 pm the next day, New York time, and stablecoins are sent within T+3. Physical LBMA gold redemption starts at 32.148 XAUm, described as a 1 kg bar, by pickup or secured delivery in Singapore or Hong Kong. The April 2025 collection was within T+3 of the request.
Minimum size, as published: 1 XAUm = 1 troy ounce, as stated on the documented 1 kg redemption (32.148 troy ounces).
Fees, as published: The mint and redeem docs say stablecoin redemption includes redemption fees and currency fees, without a standing schedule on that page. A documented 1 kg physical redemption transferred 32.22837 XAUm, which Matrixdock says included a 0.25% redemption fee, for 32.148 XAUm burned.
AZ Gold Reserve sources
Matrixdock Gold sources
Questions
Yes. Both are gold. RWA Leads does not publish a comparison across asset classes.
AZ Gold Reserve: AZ Reserves Ltd. Matrixdock Gold: Matrixdock, under a special purpose trust. Appleby Global Services is the trustee and Hamilton Services is the enforcer. The custody page does not publish a separate issuer company number..
AZG fees: not stated. XAUm fees: The mint and redeem docs say stablecoin redemption includes redemption fees and currency fees, without a standing schedule on that page. A documented 1 kg physical redemption transferred 32.22837 XAUm, which Matrixdock says included a 0.25% redemption fee, for 32.148 XAUm burned.. AZG redemption: Arizore terms say the operator does not guarantee liquidity, market access, convertibility or a redemption pathway.. XAUm redemption: KYC is required. Stablecoin redemption runs on working days from 6:00 pm to 5:00 pm the next day, New York time, and stablecoins are sent within T+3. Physical LBMA gold redemption starts at 32.148 XAUm, described as a 1 kg bar, by pickup or secured delivery in Singapore or Hong Kong. The April 2025 collection was within T+3 of the request..
The slugs in alphabetical order: /compare/azg-vs-xaum. The other order is a permanent redirect.
AZ Gold Reserve: The cited catalog does not include an official how-to-buy path for AZ Gold Reserve. Matrixdock Gold: The cited catalog does not include an official how-to-buy path for Matrixdock Gold.
The issuer does not publish a jurisdiction for AZ Gold Reserve. The issuer does not publish a regulator for AZ Gold Reserve. The cited catalog does not include a restricted-holder statement for AZ Gold Reserve. The issuer does not publish a jurisdiction for Matrixdock Gold. The issuer does not publish a regulator for Matrixdock Gold. The cited catalog does not include a restricted-holder statement for Matrixdock Gold.
AZ Gold Reserve: Redemption, as published: Arizore terms say the operator does not guarantee liquidity, market access, convertibility or a redemption pathway. The issuer does not publish a minimum size for AZ Gold Reserve. The issuer does not publish an issuer fee for AZ Gold Reserve. Matrixdock Gold: Redemption, as published: KYC is required. Stablecoin redemption runs on working days from 6:00 pm to 5:00 pm the next day, New York time, and stablecoins are sent within T+3. Physical LBMA gold redemption starts at 32.148 XAUm, described as a 1 kg bar, by pickup or secured delivery in Singapore or Hong Kong. The April 2025 collection was within T+3 of the request. Minimum size, as published: 1 XAUm = 1 troy ounce, as stated on the documented 1 kg redemption (32.148 troy ounces). Fees, as published: The mint and redeem docs say stablecoin redemption includes redemption fees and currency fees, without a standing schedule on that page. A documented 1 kg physical redemption transferred 32.22837 XAUm, which Matrixdock says included a 0.25% redemption fee, for 32.148 XAUm burned.