{"id":126884,"date":"2025-04-10T12:15:29","date_gmt":"2025-04-10T12:15:29","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=126884"},"modified":"2025-04-10T12:15:29","modified_gmt":"2025-04-10T12:15:29","slug":"tokenized-gold-volume-hits-1b-first-time-since-2023-us-banking-crisis","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=126884","title":{"rendered":"Tokenized gold volume hits $1B first time since 2023 US banking crisis"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsTokenized 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\u2019s import tariffs.<br \/>\nThe 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 collapse of Silicon Valley Bank and the voluntary liquidation of Silvergate Bank. Signature Bank was also forced to close operations by New York regulators on March 12, two days after Silvergate\u2019s liquidation.<br \/>\nTokenized gold has experienced a significant surge in trading interest since early February, when global trade war fears started spreading to digital markets, according to a CEX.io research report shared with Cointelegraph.<br \/>\nTop tokenized gold assets, trading volume. Source: CoinGecko, Cex.ioSince Trump\u2019s first tariff announcement on Jan. 20, Paxos Gold (PAXG) trading volume has surged by over 900%, Tether Gold (XAUT) trading rose over 300% and Kinesis Gold (KAU) volume increased by more than 83,000%.<br \/>\nTokenized gold has become one of the best-performing crypto categories since Trump\u2019s inauguration, surging over 21% in market cap and over 1,000% in trading volume, while stablecoins saw an 8% market cap increase and a 285% trading volume expansion during the same period.<br \/>\nTokenized gold, market cap. Source: Cex.ioTokenized gold is part of the growing real-world asset (RWA) tokenization sector, which refers to financial products and tangible assets such as real estate and fine art minted on the blockchain.<br \/>\nRelated: BlackRock \u2018BUIDL\u2019 tokenized fund triples in 3 weeks as Bitcoin stalls<br \/>\nGold prices hit new highs<br \/>\nThe surge in tokenized gold coincides with a record-setting performance in physical gold. On March 31, gold hit an all-time high of over $3,100 per ounce and was trading above $3,118 at the time of writing.<br \/>\nBTC, gold, year-to-date chart. Source: Cointelegraph\/TradingViewSince the beginning of 2025, the price of gold has risen over 18%, outperforming Bitcoin (BTC), which has fallen by more than 12% year-to-date,\u00a0TradingView\u00a0data shows.<br \/>\nGold\u2019s robust price performance after key tariff-related events highlights a growing appetite for safe-haven assets, according to Illia Otychenko, lead analyst at Cex.io.<br \/>\nHowever, tokenized gold remains far from being a physical gold competitor at the current \u201cstage of RWA development,\u201d the analyst told Cointelegraph, adding:<br \/>\n\u201cTokenized gold presents a compelling alternative for crypto-native investors who might otherwise look to Bitcoin or stablecoins.\u201d<br \/>\n\u201cIn this context, tokenized gold has primarily served as a diversification tool, gaining increasing traction in investor portfolios as market uncertainty deepens,\u201d he added<br \/>\nRelated: Stablecoins, tokenized assets gain as Trump tariffs loom<br \/>\nGeopolitical trade tensions caused by Trump\u2019s import tariffs have inspired a flight to safety among crypto investors, specifically toward stablecoins and tokenized assets.<br \/>\nFollowing the 2023 banking crisis, the Federal Reserve created the Bank Term Funding Program, offering banking loans of up to a year in return for posting \u201cqualifying assets\u201d as collateral.<br \/>\nThis emergency measure was what started the Bitcoin bull run in 2023, according to BitMEX co-founder and former CEO Arthur Hayes.<br \/>\nMagazine: Ripple says SEC lawsuit \u2018over,\u2019 Trump at DAS, and more: Hodler\u2019s Digest, March 16 \u2013 22<a href=\"https:\/\/cointelegraph.com\/news\/tokenized-gold-hits-1-b-high-first-2023-us-banking-crisis?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsTokenized 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&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126884"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=126884"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126884\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126884"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}