Mega Matrix Inc. Partners to Launch Shariah-Compliant Gold-Backed Stablecoin and Digital Bullion Exchange
Mega Matrix Inc. has entered a strategic partnership in the Middle East to develop a gold-backed stablecoin and a regulated digital bullion exchange. The initiative leverages blockchain technology to create a Shariah-compliant financial instrument, targeting institutional Islamic finance markets.
The gold-backed token will be pegged to physical gold reserves, ensuring transparency and compliance with Islamic finance principles. Mega Matrix will oversee technical development, including blockchain architecture and security protocols, while also advising on capital structuring and fundraising.
The partnership aligns with broader regional efforts to expand fintech and blockchain infrastructure, particularly in Saudi Arabia and neighboring markets. This MOVE underscores the growing institutional interest in tokenized real-world assets and compliant digital payment solutions.
