The total market capitalization of the tokenized gold sector surpasses $5 billion, setting a new all-time high.

According to Odaily, citing Coingecko data, the total market capitalization of the tokenized gold sector has surpassed $5 billion, currently reaching $5,184,957,415, setting a new all-time high. Among them: Tether Gold (XAUT) has a market capitalization of approximately $2.598 billion, with a 24-hour increase of 1%; PAX Gold (PAXG) has a market capitalization of $2.02 billion, with a 24-hour increase of 1.1%. Tokenized gold refers to physical gold represented in digital form on blockchain platforms, with these tokens backed by an equivalent amount of physical gold held in custody by the issuing institution.