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.