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Tokenized gold market grows $362M in 30 days, led by Tether Gold's $237M surge.

Market News
16 Aug 2026
Crypto Briefing
View Source
Bullish
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The tokenized gold market expanded by over $362 million in the past 30 days, driven mainly by Tether Gold (XAUT), which added $237 million to its market cap. XAUT now holds about $2.48 billion in market value, backed by physical gold stored in Swiss vaults, and tracks the spot gold price closely. Tokenized gold offers advantages over traditional gold ownership, including 24/7 trading and use in decentralized finance, attracting new capital beyond price gains. Regulatory clarity in major markets may further boost institutional investment in these on-chain gold assets.

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