Tokenization of Gold and Liquidity Dynamics on the Chain
Tokenized gold has become the cornerstone of the Real World Assets (RWA) sector, with its market value surging past $4.3 billion, capturing nearly 80% of the entire tokenized commodities market. This growth of 177% from previous levels truly reflects a shift towards on-chain transactions. Two major players, 'Tether Gold' (XAUt), backed by gold bullion in Swiss vaults, and 'Paxos Gold' (PAXG), regulated by the New York State Department of Financial Services (NYDFS), dominate around 90% of the total market. Reports from the International Monetary Fund highlight the growing institutional importance of these assets, as one issuer of these tokenized currencies has become one of the largest gold holders globally, surpassing reserves of several countries.
$XAUT
$BTC
#XAUTrends
#BTC走势分析
Tokenized gold has become the cornerstone of the Real World Assets (RWA) sector, with its market value surging past $4.3 billion, capturing nearly 80% of the entire tokenized commodities market. This growth of 177% from previous levels truly reflects a shift towards on-chain transactions. Two major players, 'Tether Gold' (XAUt), backed by gold bullion in Swiss vaults, and 'Paxos Gold' (PAXG), regulated by the New York State Department of Financial Services (NYDFS), dominate around 90% of the total market. Reports from the International Monetary Fund highlight the growing institutional importance of these assets, as one issuer of these tokenized currencies has become one of the largest gold holders globally, surpassing reserves of several countries.
$XAUT
$BTC
#XAUTrends
#BTC走势分析