Tokenized gold volume hits $1B first time since 2023 US banking crisis

2 months ago

Tokenized golden trading measurement surged to a two-year precocious this week, topping $1 cardinal arsenic investors pivoted toward safe-haven assets amid planetary uncertainty triggered by US President Donald Trump’s import tariffs.

The play trading measurement of tokenized golden surpassed the $1 cardinal people for the archetypal clip since March 2023, erstwhile a US banking situation saw the abrupt collapse of Silicon Valley Bank and the voluntary liquidation of Silvergate Bank. Signature Bank was besides forced to close operations by New York regulators connected March 12, 2 days aft Silvergate’s liquidation.

Tokenized golden has experienced a important surge successful trading involvement since aboriginal February, erstwhile planetary commercialized warfare fears started spreading to integer markets, according to a CEX.io probe study shared with Cointelegraph.

Since Trump’s archetypal tariff announcement connected Jan. 20, Paxos Gold (PAXG) trading measurement has surged by implicit 900%, Tether Gold (XAUT) trading roseate implicit 300% and Kinesis Gold (KAU) measurement accrued by much than 83,000%.

Tokenized golden has go 1 of the best-performing crypto categories since Trump’s inauguration, surging implicit 21% successful marketplace headdress and implicit 1,000% successful trading volume, portion stablecoins saw an 8% marketplace headdress summation and a 285% trading measurement enlargement during the aforesaid period.

Tokenized golden is portion of the increasing real-world plus (RWA) tokenization sector, which refers to fiscal products and tangible assets specified arsenic existent property and good creation minted connected the blockchain.

Gold prices deed caller highs

The surge successful tokenized golden coincides with a record-setting show successful carnal gold. On March 31, golden deed an all-time precocious of implicit $3,100 per ounce and was trading supra $3,118 astatine the clip of writing.

Since the opening of 2025, the terms of golden has risen implicit 18%, outperforming Bitcoin (BTC), which has fallen by much than 12% year-to-date, TradingView data shows.

Gold’s robust terms show aft cardinal tariff-related events highlights a increasing appetite for safe-haven assets, according to Illia Otychenko, pb expert astatine Cex.io.

However, tokenized golden remains acold from being a carnal golden rival astatine the existent “stage of RWA development,” the expert told Cointelegraph, adding:

“Tokenized golden presents a compelling alternate for crypto-native investors who mightiness different look to Bitcoin oregon stablecoins.”

“In this context, tokenized golden has chiefly served arsenic a diversification tool, gaining expanding traction successful capitalist portfolios arsenic marketplace uncertainty deepens,” helium added

Geopolitical commercialized tensions caused by Trump’s import tariffs person inspired a formation to information among crypto investors, specifically toward stablecoins and tokenized assets.

Following the 2023 banking crisis, the Federal Reserve created the Bank Term Funding Program, offering banking loans of up to a twelvemonth successful instrumentality for posting “qualifying assets” arsenic collateral.

This exigency measurement was what started the Bitcoin bull tally successful 2023, according to BitMEX co-founder and erstwhile CEO Arthur Hayes.