Tokenized Gold Sector Total Market Cap Breaks $5 Billion, Setting New All-Time High

Odaily According to Coingecko data, the total market capitalization of the tokenized gold sector has surpassed $5 billion, currently reaching $5,184,957,415, setting a new all-time high. Among them: Tether Gold (XAUT) market cap reached approximately $2.598 billion, up 1% in 24H; PAX Gold (PAXG) market cap reached $2.02 billion, up 1.1% in 24H. Tokenized gold refers to physical gold represented in digital form on a blockchain platform, with these tokens backed by equivalent physical gold held in custody by the issuing institution.