The tokenized gold trade volume rose to a two-year high this week and exceeded $ 1 billion when investors performed with regard to Safe-Haven's assets under the worldwide uncertainty brought on by US President Donald Trump's import tariffs.
The weekly trading volume of tokenized gold for the primary time since March 2023 exceeded the 1 billion US dollar brand when a collapse of Silicon Valley Bank and the voluntary liquidation of Silvergate Bank suddenly exceeded the Silicon Valley Bank. Signature Bank needed to have accomplished the business activities from the New York supervisory authorities on March 12, two days after the liquidation of Silvergate.
Tokenized Gold has experienced a major increase in business interest because the starting of February when the fears of the worldwide trade war spread to digital markets, in response to a research report by CEX.IO.
Top tokenized gold assets, trading volume. Source: Coingecko, Cex.io
Since Trump's first tariff announcement on January 20, Paxos Gold (PAXG) has increased by over 900%, trading with Tether Gold (Xaut) has increased by greater than 83,000%.
Tokenized Gold has turn out to be among the finest crypto categories of Trump since Trump's inauguration and rose within the trade volume of over 21% and over 1,000%, while stable coins recorded 8% market capitalization in the identical period and an extension of the trade volume by 285%.
Tokenized gold, market capitalization. Source: Cex.io
Tokenized Gold is an element of the growing tokenization sector of the true asset (RWA), which refers to financial products and tangible assets comparable to real estate and visual arts which are shaped on the blockchain.
Gold prices reached recent heights
The increase within the tokenized gold coincides with a record performance in physical gold. On March 31, Gold achieved an all -time high of over $ 3,100 per ounce and acted over $ 3,118 on the time of writing.
BTC, gold, year-to-date diagram. Source: CoinTelegraph/Tradingview
Since the start of 2025, the gold price has increased by over 18%, which Bitcoin (BTC) exceeds, which has fallen by greater than 12% from 12 months to 12 months, as tradingview data show.
According to Illia Otychenko, senior analyst at Cex.io.
However, Tokenized Gold continues to be removed from being a physical gold competitor in the present “phase of RWA development”, the analyst told cointelegraph and added:
“Tokenized Gold presents a convincing alternative for crypto native investors who could otherwise see Bitcoin or stable coins.”
“In this context, tokenized gold primarily serves a diversification instrument and increasingly apply the investor portfolios with increasing market uncertainty,” he added
Geopolitical trade voltages brought on by Trump's import duties have inspired a flight to security amongst crypto investors, especially for stable coins and tokenized assets.
After the banking crisis of 2023, the Federal Reserve founded the banking period finance program and offers bank loans of up to at least one 12 months for the publication of “qualified assets” as collateral.
According to Bitmex co-founder and former CEO of Bitmex and former CEO Arthur Hayes, this emergency measure began in 2023.