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The tokenization zone for gold remained stable during market turbulence, with a market capitalization reaching a high of $3.09 billion.
Odaily News According to Coingecko data, the tokenization of gold zone has not fluctuated during market turmoil, with the current market capitalization reaching approximately $3.09 billion, setting a new record high, and a 24-hour rise of 0.7%. Among these, Tether Gold (XAUT) reached a market capitalization of $1.508 billion, and PAX Gold (PAXG) reached a market capitalization of $1.231 billion. Tokenized gold refers to physical gold presented in digital form on a blockchain platform, with these tokens supported by an equivalent amount of physical gold held by the issuing institution.