🏦 Tokenized gold just reached $5.1 billion, but it accounts for less than 0.02% of the global gold market ($30.1 trillion).
A race of dual leaders: Tether $USDT Gold (XAUt) has a market cap of $2.4–2.7 billion, Pax Gold (PAXG) is about $1.8–1.9 billion—two projects hold 89%–98% of the total supply. Market cap has grown more than 3x from the level below $1.5 billion at the end of 2024; in Q1 2026 alone, spot trading volume reached around $90.7 billion.
Why is it noteworthy?
Tokenized gold makes up over 99% of the on-chain commodities segment and around 11% of total tokenized real-world assets (RWA), and it can be integrated into DeFi lending protocols—something that physical gold and ETFs do not offer.
Simply put:
Tokenized gold is still very small compared to all the gold in the world, but it’s the biggest piece of the on-chain commodities market.
#DeFi #CryptoNews
🔗 Source: Crypto Briefing
⚠️ Information is for reference only and is not investment advice. Do your own research before deciding (DYOR).
A race of dual leaders: Tether $USDT Gold (XAUt) has a market cap of $2.4–2.7 billion, Pax Gold (PAXG) is about $1.8–1.9 billion—two projects hold 89%–98% of the total supply. Market cap has grown more than 3x from the level below $1.5 billion at the end of 2024; in Q1 2026 alone, spot trading volume reached around $90.7 billion.
Why is it noteworthy?
Tokenized gold makes up over 99% of the on-chain commodities segment and around 11% of total tokenized real-world assets (RWA), and it can be integrated into DeFi lending protocols—something that physical gold and ETFs do not offer.
Simply put:
Tokenized gold is still very small compared to all the gold in the world, but it’s the biggest piece of the on-chain commodities market.
#DeFi #CryptoNews
🔗 Source: Crypto Briefing
⚠️ Information is for reference only and is not investment advice. Do your own research before deciding (DYOR).