Search results for PAXG
Crypto
Tokenised gold demand returns in crypto market
Tokenised gold drew strong demand again in the crypto market in August, as traders increased trading in tokenised gold and gold perpetual futures. Spot gold recently rose to around $4,600 before easing to about $4,480. Tether’s gold-linked token XAUT traded at $4,474.72 on Sept. 4 and continued to lead on-chain activity, with its market value at $3.15 billion and $59 million of inflows that day.
Crypto
Tokenised real-world assets stay strong despite DeFi slowdown as use expands
Deposits in tokenised real-world assets (RWA) rose to $7.4 billion in the second quarter of 2026, more than tripling from a year earlier, despite a broader slowdown in decentralised finance, a report said. Over the same period, total DeFi deposits fell about 15 percent, while RWA spot trading volume rose about 220 percent. CoinShares and Token Terminal said tokenised traditional assets are being used in on-chain finance as collateral, yield products and trading assets.
Crypto
Tokenised gold market cap tops $4 billion as gold price jumps
As physical gold prices hit a record, the blockchain-based tokenised gold market is growing quickly. DeFiLlama data cited by The Defiant show Tether Gold (XAUT) at about $2.5 billion and Paxos Gold (PAXG) at about $1.99 billion in assets. RWA.xyz said the tokenised commodities market totals about $4.88 billion, up more than 22 percent in 30 days, with monthly transfers above $7 billion. XAUT and PAXG account for 86 percent.