Tokenized precious metals market cap exceeds $1 billion, with PAXG dominating

Odaily News RWA.xyz published an article on X that the tokenized precious metals market size has exceeded the $1 billion mark, of which: -Tether's XAUT market value rose from $384 million to $491 million, becoming one of the main driving forces, while Paxos' PAXG remains the largest product. -Global financial institutions such as HSBC not only provide tokenized gold to retail investors, but also support technological advances, including the development of post-quantum cryptography for tokenized gold. -Further experiments are underway, led by gold NFTs and tokenized gold-backed stablecoins.