Gold market valued at $30.1T, only $5B onchain
Summary
Gold maintains a market value of $30.1 trillion, yet only $5.1 billion, or 0.017%, of this is represented on blockchain platforms. Leading in this sector are Tether’s XAUT and Paxos’ PAXG, valued at $2.8 billion and $1.9 billion respectively. As the adoption of tokenized gold grows, partnerships with regional platforms are fostering education and incentivizing the acquisition of these digital assets, reflecting a broader integration of tokenized gold into decentralized finance markets.
Tokens
$XAUT$PAXG$KAU$PGOLD$XAUM
Analysis
Paxos: Paxos is a regulated trust company that issues the physically backed gold token PAXG. The news highlights PAXG as a top performer among onchain gold representations. Paxos has pursued expansions of PAXG to additional blockchains to enhance accessibility and utility for tokenized gold holders. Tether: Tether issues stablecoins and tokenized assets, including the gold-backed XAUT token. In this news, Tether’s XAUT is positioned as a leading onchain gold product amid broader discussions of gold tokenization. Recent collaborations, including with exchanges in Southeast Asia, emphasize education and user incentives around XAUT to support adoption. DeFi Utility: Tokenized gold is increasingly integrated into decentralized lending and collateral markets, expanding its role beyond simple ownership. Adoption Initiatives: Partnerships between tokenized gold issuers and regional platforms continue to promote education and holding incentives for gold tokens in emerging markets.
Categories
rwacrypto
Related sources
- https://x.com/tokenterminal/status/2094828795459223735
- https://www.youtube.com/watch?v=TwDo9DFKaOs
- https://www.paxos.com/blog/bringing-paxg-to-solana
- https://messari.io/project/tether-gold
- https://blockonomi.com/tokenized-gold-returns-as-xaut-drives-fresh-crypto-market-demand/
- https://www.goldrepublic.com/en-us/news/tether-more-gold-than-central-banks
- https://www.marketscreener.com/quote/cryptocurrency/TETHER-GOLD-XAUT-USD-195106062/graphics/
- https://www.coinbase.com/en-ca/price/pax-gold
- https://coinstats.app/ai/a/price-potential-pax-gold
- https://x.com/Paxos?lang=en
- https://www.marketscreener.com/quote/cryptocurrency/TETHER-GOLD-XAUT-USD-195106062/
- https://apespace.io/eth/0x45804880de22913dafe09f4980848ece6ecbaf78
- https://www.coinbase.com/en-ca/price/tether-gold-xaut-base-0x2314c3c39249048d609d4fffe8f2374a6c922fa6
- https://www.cryptotimes.io/2026/06/25/gold-goes-onchain-paxos-launches-paxg-on-solana/