Odaily Planet Daily reports that crypto market maker Wintermute has announced the official launch of its OTC desk offering tokenized gold trading services for institutional clients, supporting the two major gold-pegged tokens Pax Gold (PAXG) and Tether Gold (XAUT), marking the company’s entry into the tokenized commodities market.
Wintermute stated that it will provide algorithm-optimized spot execution services to offer institutional investors blockchain-settled gold trading exposure. CEO Evgeny Gaevoy expects that as institutional demand grows, the tokenized gold market size could expand to $15 billion by 2026, approximately 2.8 times the current size.
Data shows that in Q4 2025, tokenized gold trading volume surpassed that of five major gold ETFs for the first time, reaching a total of $126 billion. During the same period, on-chain gold market capitalization increased by over 80% in three months, rising from approximately $2.99 billion to $5.4 billion, reflecting rising market demand for 24/7 liquidity and instant settlement.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
SUI (Sui) up 7.01% in the last 24 hours
Gate News Report, March 10 — According to Gate market data, at the time of press, SUI (Sui) is trading at $0.96, up 7.01% in the past 24 hours. The price reached a high of $0.99 and a low of $0.87, with a 24-hour trading volume of $632 million. The current market capitalization is approximately $3.726 billion, an increase of $244 million compared to yesterday.
Sui is a modular decentralized infrastructure platform dedicated to integrating assets, data, permissions ownership, programming, and verification into a complete tech stack. Sui Stack provides developers with a native suite of tools, including asset and service coordination, a trusted data layer, data security, verifiable off-chain computation, liquidity management, and identity management. The platform supports the Move smart contract language,
GateNews22m ago
Bitcoin surpasses 70,000 USDT, with an intraday increase of 2.33%
Gate News Report, March 10th, according to market data, Bitcoin broke through 70,000 USDT, currently trading at 70,031.93 USDT, with a daily increase of 2.33%.
GateNews36m ago
SOL (Solana) increased by 4.60% in the last 24 hours
Gate News Report, March 10th, according to Gate market data, as of press time, SOL (Solana) is trading at $85.65, up 4.60% in the past 24 hours, with a high of $93.83 and a low of $80.71. The 24-hour trading volume reached $4.095 billion. The current market capitalization is approximately $48.886 billion, an increase of $2.148 billion compared to yesterday.
Solana is a leading high-performance network powering internet capital markets, payments, and crypto applications. As the world's largest startup and enterprise platform, it has the most users, the most developers, the highest trading activity, and the highest real TPS. Major companies such as Western Union, Visa, Worldpay, Circle, PayPal, and Fiserv are among the top global players.
GateNews46m ago
The crypto market is broadly up, with the DeFi sector rising 4.55% in the past 24 hours, and BTC approaching $70,000.
On March 10th, the overall crypto market rose, with DeFi performing particularly well, up by 4.55%. Bitcoin approached $70,000, and Ethereum broke through $2,000. Multiple sectors saw gains, notably Hyperliquid and Pudgy Penguins with significant increases. The overall crypto index also performed well.
GateNews47m ago
DENT (Dent) increased by 27.47% in the last 24 hours
Gate News Report, March 10th, according to Gate market data, as of press time, DENT (Dent) is currently trading at $0.00026869, up 27.47% in the past 24 hours, reaching a high of $0.00030909 and a low of $0.00019837. The current market capitalization is approximately $26.9 million, an increase of $5.79 million from yesterday.
DENT is a global eSIM mobile data ecosystem that provides convenient digital mobile data solutions for users and enterprises through the Tunz platform. The project supports eSIM data plans in over 150 countries and regions worldwide. Users can quickly activate local or international data plans via the DENT app, avoiding international roaming charges. The Tunz platform serves telecom operators, the tourism industry,
GateNews1h ago