Tokenized gold trading volume surged to a two-year high this week, topping $1 billion as investors pivoted toward safe-haven assets amid global uncertainty triggered by US President Donald Trump’s import tariffs.
The weekly trading volume of tokenized gold surpassed the $1 billion mark for the first time since March 2023, when a US banking crisis saw the sudden data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/silicon-valley-bank-collapse-everything-that-s-happened-until-now” rel=”null” target=”null” text=”null” title=”null”>collapse of Silicon Valley Bank and the voluntary data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/silvergate-downfall-sparks-debate-over-whose-fault-it-actually-was” rel=”null” target=”null” text=”null” title=”null”>liquidation of Silvergate Bank. Signature Bank was also forced to data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/signature-bank-closed-by-new-york-banking-authorities” rel=”null” target=”null” text=”null” title=”null”>close operations by New York regulators on March 12, two days after…
