Data: The total market value of the tokenized gold sector has surpassed 5 billion USD, setting a new historical high

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 historical high. Among them: Tether Gold (XAUT) has a market capitalization of approximately $2.598 billion, with a 24H increase of 1%; PAX Gold (PAXG) has a market capitalization of $2.02 billion, with a 24H increase of 1.1%.

Tokenized gold refers to physical gold represented in digital form on blockchain platforms, with these tokens backed by an equivalent amount of physical gold held in custody by the issuing institution.