Tokenized Commodities Blows Past $6B on Gold Adoption

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The tokenized commodities market has risen 53% in less than six weeks to over $6.1 billion, making it the fastest-growing vertical in the real-world asset tokenization market as more gold moves onchain.

The tokenized commodities market was valued at just over $4 billion at the start of the year, meaning around $2 billion has been added to the market’s value since Jan. 1, according to data from crypto analytics platform Token Terminal.

Change in market cap for tokenized commodities since 2018. Source: Token Terminal

Data shows the tokenized…



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Tokenized Commodities Blows Past $6B on Gold Adoption


The tokenized commodities market has risen 53% in less than six weeks to over $6.1 billion, making it the fastest-growing vertical in the real-world asset tokenization market as more gold moves onchain.

The tokenized commodities market was valued at just over $4 billion at the start of the year, meaning around $2 billion has been added to the market’s value since Jan. 1, according to data from crypto analytics platform Token Terminal.

Change in market cap for tokenized commodities since 2018. Source: Token Terminal

Data shows the tokenized…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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