Data: The tokenized commodities market size is approximately $4 billion, with an 11% growth in the past month.
PANews, December 26 – According to Cointelegraph, as global major precious metal prices hit record highs, the blockchain-based tokenized commodities market is approaching the $4 billion mark. According to data aggregator RWA.xyz, the tokenized commodities market grew by 11% in the month ending Friday, reaching $3.93 billion. Tether Gold (XAUt) is the largest tokenized commodity, valued at $1.74 billion, followed by Paxos Gold (PAXG) at $1.61 billion. Tokenized precious metals can be transferred and traded on-chain outside of traditional market trading hours, but pricing, liquidity, and redemption are still linked to traditional infrastructure.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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