Crypto exchanges gain as tokenized commodity market climbs to $7.7B
Demand is surging for tokenized precious metals that offer more accessibility than their traditional counterparts, with investors seeking 24/7 safe-haven asset availability.
Demand for tokenized commodities is increasing as investors look for safe-haven exposure through crypto-native markets that trade around the clock, rather than only during traditional market hours.
The tokenized commodities sector grew 10% over the past month to $7.69 billion in cumulative market capitalization, while holders increased by 5.8% to 189,390, according to data aggregator RWA.xyz.
Tether Gold (XAUT) makes up the lion’s share with $2.96 billion of onchain commodities, while Paxos Gold (PAXG) is second with $2.56 billion.