Net new capital into tokenized assets surpasses $1B in 30 days

tokenized gold: Tokenized gold consists of blockchain-based instruments representing claims on physical gold, with Tether Gold and Paxos Gold among the major products in the category. It was one of the largest sources of new capital in the reported period, while recent market data also indicates that tokenized gold has remained comparatively active in secondary trading. tokenized Treasury funds: Tokenized Treasury funds represent interests in short-term U.S. government debt or related money-market assets on blockchain networks. They attracted substantial recent inflows and remain the largest clearly identified tokenized real-world-asset category, with holder counts continuing to rise across multiple funds. Liquidity trend: Tokenized gold has shown stronger trading activity than many other tokenized real-world assets, making it a notable exception to the broader pattern of rising ownership with limited trading. Product breadth: The latest Treasury-fund market includes offerings associated with Circle, Ondo, BlackRock, Franklin Templeton, OpenEden and other issuers. Market composition: Recent onchain data places tokenized Treasury funds ahead of tokenized credit and tokenized commodities by distributed value.