According to Coingecko data, the total market value of the tokenized gold sector has exceeded US$4 billion, currently reaching US$4,077,159,278, setting a new historical high and a 24-hour increase of 3.6%. Among them, the market value of Tether Gold (XAUT) reached approximately US$2.267 billion, and the market value of PAX Gold (PAXG) was approximately US$1.437 billion.
Tokenized gold refers to physical gold presented in digital form on a blockchain platform. These tokens are backed by physical gold of equivalent value held in custody by the issuing institution. According to historical data, the total market value of the tokenized gold sector exceeded US$3 billion on October 6, which means that the increase in the past two weeks has exceeded 30%.

