Wu says that the total market capitalization of tokenized gold has surpassed $6 billion, with an increase of over $2 billion since the beginning of this year. Tether Gold (XAUT) and Paxos Gold (PAXG) together account for approximately 96.7% of the market share; over 1.2 million ounces of gold have been tokenized. The largest single-day minting occurred on January 31, when 192,700 XAUT tokens were minted, equivalent to $937 million.
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The total market capitalization of tokenized gold has surpassed $6 billion, with an increase of over $2 billion since the beginning of this year.
Wu says that the total market capitalization of tokenized gold has surpassed $6 billion, with an increase of over $2 billion since the beginning of this year. Tether Gold (XAUT) and Paxos Gold (PAXG) together account for approximately 96.7% of the market share; over 1.2 million ounces of gold have been tokenized. The largest single-day minting occurred on January 31, when 192,700 XAUT tokens were minted, equivalent to $937 million.