PANews December 26 News, according to Cointelegraph, as global major precious metal prices hit all-time highs, the blockchain-based tokenized commodity market size is approaching $4 billion. Data aggregator RWA.xyz shows that within a month until Friday, the tokenized commodity market size has grown by 11%, reaching $3.93 billion. Tether Gold (XAUt) is the largest tokenized commodity, valued at $1.74 billion, followed by Paxos Gold (PAXG), valued at $1.61 billion. Tokenized precious metals can be transferred and traded on-chain outside traditional market trading hours, but pricing, liquidity, and redemption still relate to traditional infrastructure.
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Data: The tokenized goods market size is approximately $4 billion, with a 11% increase in the past month.
PANews December 26 News, according to Cointelegraph, as global major precious metal prices hit all-time highs, the blockchain-based tokenized commodity market size is approaching $4 billion. Data aggregator RWA.xyz shows that within a month until Friday, the tokenized commodity market size has grown by 11%, reaching $3.93 billion. Tether Gold (XAUt) is the largest tokenized commodity, valued at $1.74 billion, followed by Paxos Gold (PAXG), valued at $1.61 billion. Tokenized precious metals can be transferred and traded on-chain outside traditional market trading hours, but pricing, liquidity, and redemption still relate to traditional infrastructure.