In accordance with AMBCrypto, tokenized gold is gaining momentum as a key asset in the digital finance transformation. With a market cap exceeding $3 billion and trading volume reaching $16.9 billion, major players like Tether, MKS PAMP, and PAXOS are leading the charge. Central banks, including Kyrgyzstan, have also entered the space with gold-backed stablecoins. The total value of gold is now estimated at $29 trillion, and institutions are increasingly adopting tokenized gold for its accessibility and liquidity.
Tokenized Gold Market Surpasses $3 Billion as Institutions and Central Banks Join the Rush
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