Last year, the real-world asset (RWA) tokenization market saw tokenized gold contribute about 25% to overall market growth, Cointelegraph reported citing a CEX.IO report. The market capitalization of tokenized gold rose from $1.6 billion to $4.4 billion, a 177% increase.
Additionally, the number of wallets for tokenized gold expanded by 115,000, and annual trading volume reached $178 billion, ranking it as the second-largest among global gold investment products. The report notes tokenized gold grew roughly 2.6x faster than the market cap of physical gold and outperformed most major physical gold ETFs, with liquidity in gold trading shifting to on-chain markets.
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