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Tokenized Gold Market Cap Surpasses $4.2 Billion, XAUT and PAXG Hold 89% Share

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XAUT
$4,408.421.44%
This is the logo of the coin.
PAXG
$4,419.351.5%
The **crypto market** saw tokenized gold hit a $4.2 billion market cap, up 147% in six months. XAUT and PAXG dominate with $22.4 billion and $15 billion, or 89% of the total. Each token is 1:1 backed by physical gold. Spot gold rose 1.1% to $4,326.5 per ounce, up 65% since early 2025. Morgan Stanley forecasts $4,800 per ounce by late 2026, citing rate cuts and a weak dollar. The **fear and greed index** remains skewed toward risk-on assets.
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