The total market value of tokenized gold assets has surpassed 4.2 billion USD, with an approximate growth of 147% over the past six months. Among them, Tether's XAUT has a total market value of about 2.24 billion USD, and Paxos' PAXG has a total market value of about 1.5 billion USD, together accounting for about 89% of the market share. Each XAUT and PAXG token is backed by 1:1 physical gold reserves.
