"Political turmoil fuels growth in tokenized gold"
Summary
- DL News reported that rising gold prices and geopolitical uncertainty are driving rapid growth in the tokenized gold market.
- According to DefiLlama data, Tether Gold (XAUT) recorded a market capitalization of $3.7 billion, up 62%, while PAX Gold (PAXG) came in at $2.4 billion, up 48%.
- Industry experts said that amid political turmoil, funds are shifting from Bitcoin to tokenized assets linked to physical gold.
Forecast Trend Report by Period
An analysis finds that rising gold prices and geopolitical uncertainty are driving rapid growth in the tokenized gold market.
On the 26th (local time), crypto industry outlet DL News, citing DefiLlama data, reported that Tether Gold (XAUT) has posted a market capitalization of $3.7 billion, up 62% so far this year.
PAX Gold (PAXG) was also tallied at $2.4 billion, up 48%.
Industry experts said that political turmoil—such as U.S. tariff measures and the possibility of an invasion of Iran—has heightened risk-off sentiment, lifting demand for tokenized gold.
By contrast, Bitcoin has given back most of the gains it logged after Donald Trump’s re-election as president in 2024.
As a result, some see funds recently shifting away from Bitcoin—often dubbed “digital gold”—and toward tokenized assets linked to physical gold.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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