The wave of tokenization of commodities has indeed been gaining momentum recently. According to data from the RWA xyz platform, as gold and silver prices hit new highs, the entire tokenized commodities market has expanded to $3.9 billion. It has grown by 11.5% over the past month and has surged by nearly $3 billion since the beginning of the year.
In this sector, tokenized gold dominates—accounting for over 80% of the market share. Among them, Tether Gold is the leader, with a market cap of $1.7 billion, followed closely by Paxos Gold with a market cap of $1.6 billion. These two flagship products almost monopolize the tokenized gold market.
From the data, it seems that the path of RWA is becoming wider and wider. Physical assets are no longer just on paper; they are truly transferring and circulating in real gold and silver. As a traditional safe-haven asset, gold is naturally suitable for tokenization, which also explains why it has quickly become the main player in the RWA market.
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AirdropChaser
· 9h ago
Gold tokenization is so aggressive, I feel like it's another sign of a coming harvest...
Tether and Paxos take up 80%? This pattern is a bit oppressive, do other projects still have a chance?
39 billion just says RWA exploded? I don't think so, traditional finance is far from being so easily exploited.
Wait, is this data increase being exaggerated again... Is it real or not?
Gold on the chain for hedging? Come on, the risks on the chain are even greater than spot.
To be honest, I don't see anything revolutionary about this, isn't it just turning gold into tokens?
It's the same narrative again... Every time they say they want to change the world, but what’s the result?
In the end, this thing is just a tool for institutions to cut leeks.
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FlatlineTrader
· 11h ago
The wave of gold tokenization has really taken off, but it seems like USDT Gold and Paxos are already done for, and there's no real chance for others.
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RumbleValidator
· 11h ago
80% of the market share is eaten up by gold, this data is a bit suspicious... It feels like only the USDT and Paxos nodes are looping themselves.
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SelfStaking
· 11h ago
Gold tokenization is taking off, but do these two giants really want to monopolize everything?
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$3.9 billion does look impressive, but with such low diversification, I feel a bit uneasy.
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Tether Gold has $1.7 billion... If something goes wrong, the impact could be huge.
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The RWA track is hot, but I'm just worried it might become another scheme to cut leeks.
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An 11.5% monthly increase sounds good, but compared to other crypto projects, this growth rate is quite modest.
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Physical assets on the blockchain have been talked about for three years; finally, is there data to support it?
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Gold tokenization is basically just another way to hedge against fiat currency risks, nothing new.
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Two products monopolize 80%? Whoever wants to take that risk, go ahead.
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It still depends on whether it can truly reach traditional finance; right now, it's just hype in the crypto circle.
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This growth rate... I feel like the ones taking over later will have quite a story to tell.
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SchrödingersNode
· 11h ago
1. Speaking of which, 80% being eaten up by gold, how disappointed must the other RWA products be?
2. Tether and PAXOS are back to monopolize... I wonder when a dark horse will emerge.
3. 3.9 billion is indeed not small, but compared to traditional finance, it's just a drop in the bucket.
4. Tokenized gold becoming so popular shows that everyone still prefers the chain.
5. Yet another winner in the USDT ecosystem, I don't quite understand this game but I'm truly amazed.
The wave of tokenization of commodities has indeed been gaining momentum recently. According to data from the RWA xyz platform, as gold and silver prices hit new highs, the entire tokenized commodities market has expanded to $3.9 billion. It has grown by 11.5% over the past month and has surged by nearly $3 billion since the beginning of the year.
In this sector, tokenized gold dominates—accounting for over 80% of the market share. Among them, Tether Gold is the leader, with a market cap of $1.7 billion, followed closely by Paxos Gold with a market cap of $1.6 billion. These two flagship products almost monopolize the tokenized gold market.
From the data, it seems that the path of RWA is becoming wider and wider. Physical assets are no longer just on paper; they are truly transferring and circulating in real gold and silver. As a traditional safe-haven asset, gold is naturally suitable for tokenization, which also explains why it has quickly become the main player in the RWA market.