XAUH vs XAUm
Herculis Gold Coin and Matrixdock Gold are both gold tokens, so this page compares them. XAUH is issued by Herculis Tokens SA on TON, TRON, 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, chains. A dash is a field the issuer page does not state. The reverse URL redirects to this alphabetical pair.
All RWA tokens · Herculis Gold Coin · Matrixdock Gold
| Field | Herculis Gold Coin | Matrixdock Gold |
|---|---|---|
| Ticker | XAUH | XAUm |
| Asset class | Gold | Gold |
| Issuer | Herculis Tokens SA | 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 | Panama | — |
| Regulator | — | — |
| Token type | Payment token backed by 1 gram of 999.9 LBMA fine gold. The terms say this label is not itself a regulatory classification. | 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 | Herculis House, BRINKS and LOOMIS (named in the white paper as the vault and custody providers; gold stored in Switzerland) | 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 | KPMG (factual findings reports on physical gold and gold certificates) | 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 | TON, TRON, Ethereum | Ethereum |
| Fees | No ongoing custody or insurance fee. Direct tokenization fee 0.30%. Physical redemption fee 3% at 500 grams and 1% at 1 kilogram or more, plus delivery, insurance, customs, taxes and third-party charges. | 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 | KYC-verified customers can request physical redemption from 500 XAUH (500 grams of fine gold). A secondary-market holder is not automatically eligible. | 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 XAUH = 1 gram of LBMA 999.9 fine gold. Divisible to 0.01 gram. | 1 XAUm = 1 troy ounce, as stated on the documented 1 kg redemption (32.148 troy ounces). |
| Launched | — | — |
| Website | https://xauh.gold/ | https://www.matrixdock.com/ |
| CoinGecko id | herculis-gold-coin | — |
| Market cap | — | — |
| Supply | — | — |
Eligibility and redemption read from the issuer on 31 Oct 2026
How to buy XAUH
The issuer site lists these venues. Debit or credit card at https://xauh.gold/buy/card through Wert. Cryptocurrency at https://xauh.gold/buy/crypto through ChangeNOW, which the site index calls the default, or Changelly. Exchange and DEX markets the same index links: Biconomy XAUH/USDT, BTSE XAUH/USDT, Capital DEX on TON, Capital DEX on Tron, and STON.fi on TON. It also describes an x402 purchase that pays at least 1 unit of USDC, USDT, or USDS on Base, or USDT on TON, and delivers XAUH to a TON wallet. Separately, a KYC-verified customer can tokenize LBMA 999.9 gold produced by PX Precinox S.A. in Neuchâtel at one gram to one XAUH. The site index says to treat the venue list as access methods, not a recommendation.
Primary-market tokenization and physical redemption are only for a KYC-verified customer Herculis has accepted. Herculis may require identity, beneficial ownership, source of funds and source of wealth, tax information, proof of address, and proof of wallet ownership. The card and crypto purchase pages linked from the site index do not restate that checklist.
Who can and cannot hold XAUH
Herculis Gold Coin is issued from Panama.
The terms say the project is structured to follow Panamanian AML/CFT requirements and guidance of the Unidad de Análisis Financiero (UAF), and that this is not a statement that the UAF or any authority has approved, licensed, endorsed, or supervises XAUH. Herculis does not identify a current license on that page. The homepage comparison table prints the label FIU in a regulated row and does not name a license either.
The terms say a person must not use the services if they are sanctioned or under an asset freeze, if they act for a sanctioned person, if they are located, resident, or organized in a Restricted Jurisdiction, or if the use would make Herculis or a custodian break the law. A Restricted Jurisdictions Policy may name jurisdictions, investor categories, or channels. The terms do not list those countries. XAUH is not offered where the law would require a license, registration, or prospectus Herculis has not obtained. A listing on an exchange or a DEX does not mean Herculis has authorized an offer in that jurisdiction. A person who holds XAUH on a secondary market is not automatically a customer.
What redemption actually means in practice for XAUH
The terms set the standard minimum physical redemption at 500 XAUH, which is 500 grams of fine gold, in a denomination the custodian can deliver. The homepage states the same 500 XAUH floor.
Reserve gold is held at vault facilities in Switzerland. The homepage says physical gold can be delivered to any address globally. The terms say the customer arranges lawful import, transport, and receipt in the destination jurisdiction unless Herculis agrees otherwise in writing, and that title and risk pass at the point named in the redemption confirmation.
Physical redemption is 3% at 500 grams and 1% at 1 kilogram or more, plus delivery, insurance, customs, taxes, and third-party charges unless a written quote includes them. The white paper states a 0.3% tokenization fee when a KYC-verified customer mints XAUH from accepted bullion. The homepage states a one-time 0.30% fee for institutional direct tokenization.
The issuer does not publish a redemption settlement time for Herculis Gold Coin.
The homepage says there is no ongoing custody or insurance fee. It states a one-time 0.30% transaction fee for institutional investors on direct tokenization of bullion with Herculis Tokens SA.
Direct purchase minimum: The homepage comparison table states a minimum purchase of 0.01 gram. The same cell prints an approximate dollar figure beside that gram amount. This catalog stores the gram minimum only. The dollar print is a spot illustration, not a standing fee.
Reserve report: The homepage says Herculis Tokens SA publishes XAUH gold bullion audit reports each quarter. The site index lists KPMG factual findings reports on physical gold and gold certificates dated 21 January 2026, 13 May 2026, 1 July 2026, and 28 August 2026. The terms do not name an assurance standard for those reports.
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.
Herculis Gold Coin sources
Matrixdock Gold sources
Questions
Yes. Both are gold. RWA Leads does not publish a comparison across asset classes.
Herculis Gold Coin: Herculis Tokens SA. 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..
XAUH fees: No ongoing custody or insurance fee. Direct tokenization fee 0.30%. Physical redemption fee 3% at 500 grams and 1% at 1 kilogram or more, plus delivery, insurance, customs, taxes and third-party charges.. 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.. XAUH redemption: KYC-verified customers can request physical redemption from 500 XAUH (500 grams of fine gold). A secondary-market holder is not automatically eligible.. 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/xauh-vs-xaum. The other order is a permanent redirect.
Herculis Gold Coin: The issuer site lists these venues. Debit or credit card at https://xauh.gold/buy/card through Wert. Cryptocurrency at https://xauh.gold/buy/crypto through ChangeNOW, which the site index calls the default, or Changelly. Exchange and DEX markets the same index links: Biconomy XAUH/USDT, BTSE XAUH/USDT, Capital DEX on TON, Capital DEX on Tron, and STON.fi on TON. It also describes an x402 purchase that pays at least 1 unit of USDC, USDT, or USDS on Base, or USDT on TON, and delivers XAUH to a TON wallet. Separately, a KYC-verified customer can tokenize LBMA 999.9 gold produced by PX Precinox S.A. in Neuchâtel at one gram to one XAUH. The site index says to treat the venue list as access methods, not a recommendation. Primary-market tokenization and physical redemption are only for a KYC-verified customer Herculis has accepted. Herculis may require identity, beneficial ownership, source of funds and source of wealth, tax information, proof of address, and proof of wallet ownership. The card and crypto purchase pages linked from the site index do not restate that checklist. Matrixdock Gold: The cited catalog does not include an official how-to-buy path for Matrixdock Gold.
Herculis Gold Coin is issued from Panama. The terms say the project is structured to follow Panamanian AML/CFT requirements and guidance of the Unidad de Análisis Financiero (UAF), and that this is not a statement that the UAF or any authority has approved, licensed, endorsed, or supervises XAUH. Herculis does not identify a current license on that page. The homepage comparison table prints the label FIU in a regulated row and does not name a license either. The terms say a person must not use the services if they are sanctioned or under an asset freeze, if they act for a sanctioned person, if they are located, resident, or organized in a Restricted Jurisdiction, or if the use would make Herculis or a custodian break the law. A Restricted Jurisdictions Policy may name jurisdictions, investor categories, or channels. The terms do not list those countries. XAUH is not offered where the law would require a license, registration, or prospectus Herculis has not obtained. A listing on an exchange or a DEX does not mean Herculis has authorized an offer in that jurisdiction. A person who holds XAUH on a secondary market is not automatically a customer. 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.
Herculis Gold Coin: The terms set the standard minimum physical redemption at 500 XAUH, which is 500 grams of fine gold, in a denomination the custodian can deliver. The homepage states the same 500 XAUH floor. Reserve gold is held at vault facilities in Switzerland. The homepage says physical gold can be delivered to any address globally. The terms say the customer arranges lawful import, transport, and receipt in the destination jurisdiction unless Herculis agrees otherwise in writing, and that title and risk pass at the point named in the redemption confirmation. Physical redemption is 3% at 500 grams and 1% at 1 kilogram or more, plus delivery, insurance, customs, taxes, and third-party charges unless a written quote includes them. The white paper states a 0.3% tokenization fee when a KYC-verified customer mints XAUH from accepted bullion. The homepage states a one-time 0.30% fee for institutional direct tokenization. The issuer does not publish a redemption settlement time for Herculis Gold Coin. The homepage says there is no ongoing custody or insurance fee. It states a one-time 0.30% transaction fee for institutional investors on direct tokenization of bullion with Herculis Tokens SA. Direct purchase minimum: The homepage comparison table states a minimum purchase of 0.01 gram. The same cell prints an approximate dollar figure beside that gram amount. This catalog stores the gram minimum only. The dollar print is a spot illustration, not a standing fee. Reserve report: The homepage says Herculis Tokens SA publishes XAUH gold bullion audit reports each quarter. The site index lists KPMG factual findings reports on physical gold and gold certificates dated 21 January 2026, 13 May 2026, 1 July 2026, and 28 August 2026. The terms do not name an assurance standard for those reports. 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.