February 11 News, the tokenized commodities market has increased by 53% in less than six weeks, with a market capitalization surpassing $6.1 billion, making it the fastest-growing vertical in the real-world asset tokenization market. This surge is mainly driven by more gold being onboarded.
According to data from the crypto analytics platform Token Terminal, at the beginning of this year, the market capitalization of tokenized commodities was slightly above $4 billion, meaning an increase of about $2 billion in just over a month. The market is primarily composed of gold products, with Tether’s gold-backed token Tether Gold (XAUt) growing 51.6% over the past month to a market cap of $3.6 billion; Paxos’s PAX Gold (PAXG) increased 33.2% during the same period to a market cap of $2.3 billion.
The tokenized commodities market has grown 360% year-over-year, outpacing the tokenized stock market (42%) and the tokenized fund market (3.6%). Its scale is close to one-third of the $17.2 billion tokenized fund market and far exceeds the $538 million market cap of tokenized stocks.
On Thursday, Tether acquired a $150 million stake in the precious metals platform Gold.com, further expanding its tokenized gold strategy. The plan is to integrate the XAUt token into the Gold.com platform and explore options for allowing customers to purchase physical gold with USDT.
While the price of tokenized gold has risen, spot gold prices have increased over 80% in the past year, reaching a record high of $5,600 on January 29. Earlier this month, prices slightly retreated to around $4,700 but have since rebounded to $5,050 as of press time. In contrast, Bitcoin has been sluggish since October last year, falling 52.4% from its high of $126,080, dropping to about $60,000 last Friday, but then rebounding to $69,050.
Industry commentators note that although Bitcoin exhibits characteristics of a hard currency, its recent trend resembles a high-risk growth asset rather than a traditional safe haven. Jack Mallers, CEO of Strike, and Grayscale both believe that Bitcoin’s positioning as “digital gold” is being tested by the market.
Overall, the enthusiasm for tokenized gold highlights market preferences for safe-haven assets and reflects a trend among investors to rebalance their portfolios between traditional precious metals and crypto assets.
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
JPMorgan Turns Bullish on Crypto for 2026 Despite Market Slump
_JPMorgan expects institutional inflows and clearer U.S. regulation to drive a broader crypto recovery starting in 2026._
The crypto market has been underwater for months, with asset prices falling and confidence fading. Blue-chip assets like Bitcoin remain under pressure, and many traders are w
LiveBTCNews1h ago
Spot gold and silver experience a sharp plunge in the short term
Odaily Planet Daily reports that Gate data shows the short-term decline in spot gold has expanded to $60, now at $5010 per ounce, while spot silver has fallen nearly $3 in the short term, now at $79.26 per ounce.
GateNewsBot3h ago
Nasdaq declines by more than 1%
ChainCatcher message: According to Gate market data, the Nasdaq Composite Index has fallen by more than 1%.
GateNewsBot3h ago
Franklin Templeton and SWIFT Push Tokenization Into Mainstream Finance
For Franklin Templeton, tokenization begins with familiar financial products rather than experimental assets. Chetan Karkhanis explained that the core idea is to take traditional instruments and make them “cheaper, better and faster” by placing them directly on blockchain networks. The firm’s
ICOHOIDER3h ago
Abandoning de-dollarization? Russia reportedly considers "returning to the US dollar settlement system" in exchange for economic cooperation with the US and peace between Russia and Ukraine
A leaked internal memo from the Kremlin reveals that Russia is considering reversing years of de-dollarization policies and is willing to re-enter the U.S. dollar settlement system in exchange for economic cooperation with the Trump administration and opportunities for peace in Ukraine. Could this signal a major shift in the geopolitical and global financial landscape?
(Background: Trump announced that U.S. tariffs on India will be "cut to 18%"! India agrees to stop purchasing Russian oil and to buy $500 billion worth of American goods)
(Additional context: The U.S. has deployed nuclear submarines threatening Russia! Trump: Medvedev's comments are too provocative, I just want to stop the Russia-Ukraine war)
Table of Contents
Core proposal details
Background and motivation analysis
International reactions and concerns
According to Walter Bloomberg, based on an internal Kremlin memo, Russia is considering engaging with U.S. President Donald Trump
動區BlockTempo3h ago
Nasdaq 100 Index turns downward, Dow Jones rises 0.37%, S&P 500 up 0.16%
ChainCatcher reports that, according to Gate market data, the Nasdaq 100 index has turned downward, while the Dow Jones Industrial Average has increased by 0.37%, and the S&P 500 index has risen by 0.16%.
GateNewsBot4h ago
