February 13 News: Despite recent significant fluctuations in physical gold prices, the tokenized gold market continues to show strong growth, with a total market capitalization surpassing $6 billion. According to Dune data, since the beginning of the year, the market cap of tokenized gold has increased by over $2 billion, currently reaching $6.12 billion, with more than 1.2 million ounces of physical gold locked in, indicating sustained investor demand for blockchain-backed gold tokens.
Tether Gold (XAUT) remains the leading market cap, reaching $3.5 billion, accounting for more than half of the total tokenized gold market. Tether CEO Paolo Ardoino stated that the company plans to increase its gold allocation to 10% to 15% of its overall portfolio and to add 27 metric tons of gold in Q4 2025 to accelerate its gold accumulation strategy. Tether also made a strategic investment of approximately $150 million in precious metals platform Gold.com, acquiring a 12% stake, and plans to integrate XAUT into its platform to expand access to gold through both digital and traditional channels. Additionally, Tether launched the Scudo measurement unit, with each unit representing 1/1000 of an XAUT.
Paxos-issued PAX Gold (PAXG) has a market cap of $2.3 billion, growing 33.2% in the past month, ranking second in the tokenized gold market. XAUT and PAXG together account for most trading volume, driving overall ecosystem activity.
It is noteworthy that gold prices recently hit record highs before experiencing fluctuations. On January 29, gold reached a high of $5,602 per ounce, then fell to a low of $4,402 on February 2. The current price is approximately $4,967 per ounce, up 1.21% in the past 24 hours. Despite short-term volatility in gold prices, the tokenized gold market continues to grow, demonstrating that investor confidence in digital gold remains strong.
This market cap breakthrough reflects a new trend of combining digital assets with traditional hard assets. Companies like Tether and Paxos are reshaping the global gold investment ecosystem through tokenization and innovative channels, providing investors with 24/7, highly liquid digital gold opportunities.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Tether mints an additional 50 million USDT on the Plasma chain
Gate News Report, March 10th, according to Whale Alert monitoring, Tether issued an additional 50,000,000 USDT on the Plasma blockchain, worth approximately $50.01 million at current prices.
GateNews10h ago
Tether's BrainWhisperer brain signal decoding accuracy reaches 98.3%, ranking fourth in the Kaggle competition.
The BrainWhisperer project under Tether achieved an accuracy of 98.3% in converting brain signals to text, ranking fourth in the Brain-to-Text '25 competition. The system combines the OpenAI Whisper model and LoRA technology and is currently developing cross-individual signal decoding and non-invasive brain-computer interfaces.
GateNews14h ago
Tether accelerates investment: Where is the $6 billion in annual profits flowing?
Tether, with an estimated annual revenue of nearly $6 billion, is evolving from being the largest stablecoin issuer to a major investor in crypto and fintech. The company is actively reinvesting in blockchain infrastructure, payments, and alternative assets, exemplified by 10 recent investments aimed at building the digital economy's infrastructure.
TapChiBitcoin19h ago
Tether CEO Paolo Ardoino Highlights USDT’s Broad Global User Base
Tether CEO Paolo Ardoino highlighted USDT's strength in having a low sender concentration, with the largest sender accounting for under 5% of volume, which contrasts with other stablecoins at 23%. USDT serves over 550 million users, promoting financial access in emerging markets.
CryptoFrontNews03-09 20:41
USDT Manipulation Case Upgraded! Tether and Bitfinex Collective Lawsuit Approved by New York Court
The U.S. court partially approved the class-action lawsuit against Tether and Bitfinex, narrowing the scope of plaintiffs to include investors who purchased crypto commodity futures between 2017 and 2019. The core allegations of the case involve the manipulation of the market through USDT that was not fully backed by reserves, resulting in investor losses. This class-action lawsuit is still ongoing and will strengthen the plaintiffs' bargaining position.
MarketWhisper03-09 06:16
Tether CEO Frames USDT As a “Digital Dollar for the People” After New Concentration Data
Paolo Ardoino, the CEO of Tether, went on X today with a short, proud message: USDT, he wrote, “is unique.” He backed that claim with a single, sharp statistic: over the past year, the biggest sender of USDT accounted for less than 5% of all USD send volume, while for other stablecoins, one
BlockChainReporter03-09 06:04
