RWA.xyz said in a statement that the size of the tokenized precious metals market broke through the 1 billion dollar mark, among which:
Tether's XAUT market cap rose from $384 million to $491 million becoming one of the main driving forces, while Paxos' PAXG remains the largest offering.
Global Financial Institutions Groups such as HSBC not only offer tokenized gold to retail investors, but also support technological advancements, including the development of post-quantum cryptography for tokenized gold.
Led by gold NFTs and tokenized gold-backed stablecoins, further experiments are underway.
Tokenized precious metals market cap tops $1 billion, PAXG still dominates
2024-09-24 04:47:27
Rwa xyz posting tokenization precious metals market scale breakthroughdesk3cryptocurrencydesktopCrypto News
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