The market capitalization of tokenized gold has surpassed $4 billion, with Tether Gold (XAUt) accounting for approximately 50%.
data shows the market value of tokenized gold has exceeded 4 billion USD, nearly tripling from about 1.3 billion USD at the beginning of 2025. Among them, Tether Gold (XAUt) ranks first with a market value of about 2.2 billion USD, accounting for about 50% of the market, Paxos Gold (PAXG) ranks second with about 1.5 billion USD, and the two together occupy nearly 90% of the tokenized gold market share.
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