Tokenized Gold Market Cap Surpasses $4.2 Billion, with XAUT and PAXG Holding Approximately 89% Market Share
BlockBeats News, December 17th, according to Coingecko data, the total market capitalization of tokenized gold assets has exceeded 4.2 billion US dollars, with a growth of approximately 147% in the past six months. Tether's XAUT has a total market value of approximately 2.24 billion US dollars, while Paxos's PAXG has a total market value of approximately 1.5 billion US dollars, with the two accounting for approximately 89% of the market share. Each XAUT and PAXG token is backed by a 1:1 physical reserve of gold.
According to market data, the intraday increase in spot gold is approximately 1.1%, currently at 4326.5 US dollars per ounce. At the beginning of 2025, spot gold was at 2624 US dollars per ounce, marking an increase of nearly 65% during the year. A recent analysis by Morgan Stanley stated that with continued rate cut expectations and a resurgence in the weakening of the US dollar index, the price of gold is predicted to rise to $4800 per ounce by the fourth quarter of 2026.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

JPMorgan Raises HashKey Target Price to HKD 4.20, Maintains Overweight Rating

Important News from Last Night and This Morning (September 2 - September 3)

Which Altcoins Benefit from the Popularity of Robinhood Chain Without Issuing Tokens?

Last Night, Silicon Valley Experienced a Battle of AI Titans

Arthur Hayes: ETH Expected to Rise to $10,000 This Year, Fed's Balance Sheet Expansion Will Inject Liquidity into Crypto Market

Industry Day: CABA lost 17,000 jobs in the sector in 2 years and warns that the decline continues
Leverage, Ferraris, and the Law of Attraction: Carl Moon’s "First Life" | WE TALK by WEEX
From a supermarket clerk in Northern Europe to a trader, racer, and musician who dictates his own destiny, Carl Moon’s story isn’t a simple get-rich-quick fantasy. It’s a long-term, self-driven game of goals, discipline, and risk control.

What is 'Red September'? The Bitcoin Curse and Why Wall Street Can't Escape It

Fixed Term in Dollars: A Bank Updated Its Rates, Reaching Up to 4.5%

A New Study Refutes the 'Bank Collapse Theory' in the Crypto Circle

U.S. Treasury Becomes a 'Shadow Central Bank', Eroding the Independence of Federal Reserve Monetary Policy

Three Public Chains Halt Operations in Four Days: Who Has the Power to Press the Pause Button?

HYPE First Adopted in US Cryptocurrency Index ETF, Following SOL

An AI Training Data Startup Just Became Y Combinator's Fastest-Ever Unicorn

Magalu on Mercado Livre: What the Partnership Reveals About E-commerce

Fairshake enters US elections with $122M war chest

USDC may be only as quantum-safe as its slowest wallet, bridge or blockchain

Kraken IPO delayed until Q2 2027: report

Giertych Wanted to Extort Information Regarding Zondacrypto? Suszka's Sister Reveals the Background

CLARITY Act could advance within weeks, Atkins says

Solana inflation cut is premature, SOL Strategies CEO says

XRP Ledger order-book volume jumps 79% as traders fall

Fed's Beige Book: U.S. Economy Shows Modest Growth, Inflation Pressures Persist

BCRA Reform Could Be One of the Most Restrictive in the Region, According to an International Banking Association

Saudi Arabia Confirms Death of Two Filipino Sailors in Iranian Attack on Oil Tanker

Wholesale Dollar Falls but Remains Above $1.510 as Market Anticipates Greater Pressures

AI Investment and Strong Corporate Profits: Positive Signals for the U.S. Economy Identified by Fed Chair - Bloomberg

Tracking Cryptocurrency May Be Included in Exporters' Currency Revenue Control

The Best Decentralized AI Platforms in 2026










