Tokenized gold is close to the $ 2B market cap while the tariff spark Safe Haven Trade is afraid
As with risk of risk including cryptocurrencies that struggle on Thursday amidst tariff uncertainty, the tokenized gold reappeared as an outperformer in death.
Capitalization of the gold -supported tokens market worsening just under $ 2 billion on Wednesday, up to 5.7% in the past 24 hours, according to Co ringecko Data. The increase in conjunction with the yellow metal briefly handle a fresh all-time above the $ 3,170/oz, showing the tradingview.
Besides the price rally, gold tokens have experienced a frenzy activity and demand in recent weeks, which has been —fuel through greater market disturbance. The weekly tokenized volume of gold trading exceeded $ 1 billion, the highest since the US banking riot in March 2023, according to a report by the digital asset platform CEX.IO.
The two largest tokens, Paxos Gold (PAXG), Tether Gold (XAut), forming most of the tokenized gold market, saw their weekly trading volumes exploding more than 900% and 300%, respectively, since January 20, according to a report citing coingecko data. PAXG also experienced continuing flow of $ 63 million during this time, Data of Defillrama Shut up.
The rally monitors greater gains to physical gold, posting a double digit increase in 2025 amid geopolitical uncertainty and inflation concerns. However, even the gold was not rescued throughout the market-off market triggered by US tariffs, with prices that were short 6% before recovering to record highs.
Since Trump’s inauguration, the tokenized gold became one of the leading crypto sectors, with a market cap up to 21%, the report was mentioned. By contrast, Stablecoins gained a more modest 8% in the market cap, while Bitcoin refused 19% and the total crypto market lost 26%.
“The tokenized gold is emerging as one of the main strategies for varying to crypto-native users, along with Bitcoin,” Alexandr Kcerya, VP of the product management of the CEX.io. “It provides a safer and more stable approach to portfolio management, which gives users to stay within the crypto ecosystem while benefiting from the value and stability of the underlying physical possession.”
“At the same time, the broader RWA narrative helps make the gold exposure more accessible and easy to understand for users who may not have been treated before,” Kagery added.
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