Matrixdock launched the institutional-grade silver token XAGm on March 17, bringing physical silver into on-chain finance. The token is backed by silver ingots that comply with LBMA standards and utilizes Matrixdock's FRS issuance framework, ensuring a verifiable relationship between on-chain tokens and underlying assets, with initial deployment on the Ethereum network. This marks a further expansion of the on-chain precious metals reserve asset system.