Tokenized gold market cap surpasses $6B

The total market capitalization of tokenized gold has exceeded $6 billion, rising by more than $2 billion since the start of the year. #TetherGold $XAUT and #PaxosGold $PAXG account for about 96.7% of the sector’s market share. In total, tokenized gold products are backed by more than 1.2 million ounces of physical gold.