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 Freezes $3.29M USDT Linked to Rhea Finance Exploit
Tether froze $3.29 million in USDT linked to Rhea Finance exploit, ensuring user protection and ecosystem trust. Blockchain tracking enabled this action against suspicious wallets after attackers moved funds to evade detection.
GateNews6h ago
Tether 挹注 150M美元救援 Drift Protocol，反觀 Circle 因疏失遭集體訴訟
Drift Protocol faced a $280 million loss due to a hack, prompting Tether to launch a $150 million recovery plan, switching settlement assets to USDT. Meanwhile, Circle faces a lawsuit for failing to freeze stolen funds, highlighting regulatory ambiguities in the crypto industry.
ChainNewsAbmedia10h ago
Former Treasury Secretary Paulson: Contingency plan for a U.S. debt crisis must be prepared in advance; consequences will be very severe
Former U.S. Treasury Secretary Henry Paulson urged U.S. authorities to draw up contingency plans to address a potential collapse in demand for U.S. national debt when he was interviewed by Bloomberg on April 17, 2026 (Thursday). He said that once a crisis erupts, the consequences would be extremely severe. On the same day, the U.S. Department of the Treasury completed the largest debt buyback in a single transaction in history, accepting approximately $15 billion in old bonds maturing from 2026 to 2028.
MarketWhisper11h ago
Drift Protocol Secures $147.5M Funding from Tether to Relaunch as USDT-Based Exchange
Drift Protocol, a Solana-based decentralized derivatives exchange, plans to relaunch as a USDT-based perpetual futures exchange after a $270 million exploit, securing up to $147.5 million in funding from Tether and partners for recovery and operations.
GateNews15h ago
