Ethereum on-chain RWA surpasses $15 billion, with tokenized gold contributing over $4 billion

ETH-2,19%
XAUT-3,66%
PAXG-3,7%

According to ChainCatcher reports and ARKM Research data, the on-chain real-world asset (RWA) market on Ethereum has surpassed $15 billion, accounting for 58% of the global RWA market. The growth is mainly driven by tokenized gold.

Currently, the tokenized gold market exceeds $4 billion, with two main products: Tether Gold (XAUT) and Paxos Gold (PAXG). XAUT is backed by physical gold stored in Swiss vaults and is the leading tokenized gold by market value; PAXG is regulated by the New York Department of Financial Services (NYDFS), with each token representing one troy ounce of physical gold.

ARKM Research notes that tokenized gold combines the security of physical gold with the liquidity of digital assets, gradually moving away from niche status and directly competing with mainstream crypto derivatives. Additionally, on-chain perpetual contracts trading platforms for gold and silver have recently recorded record-breaking trading volumes.

View Original
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

Ethereum validators queue reaches a record high, with large investors choosing to stake rather than sell

Currently, approximately 3.4 million ETH are waiting to join the Ethereum validator set, with a queue time of 60 days. The demand mainly comes from large enterprises and exchanges, which earn stable returns through staking. This trend indicates that institutional investors prefer long-term holdings, which is related to increased market confidence.

MarketWhisper2m ago

Middle East conflict impacts Asian stock markets, Bitcoin holds at $67,000, Ethereum and Solana come under pressure and retreat

Middle Eastern geopolitical tensions continue, and risk aversion in Asian financial markets intensifies, leading to significant declines in major stock indices. Bitcoin experiences a slight dip but remains within a key range, with market focus on institutional funding and ETF inflows. Mainstream cryptocurrencies like Ethereum and Solana pull back as risk appetite contracts. Uncertainty in the macro environment and volatility in the energy markets increase market pressure.

GateNews13m ago

Yesterday, US Bitcoin spot ETF saw a net inflow of $225 million, while Ethereum ETF experienced a net outflow of $10.8 million.

On March 4th, the US Bitcoin spot ETF saw a net inflow of $225.2 million, with BlackRock's IBIT experiencing the largest inflow and Fidelity's FBTC experiencing significant outflows; the Ethereum spot ETF had a net outflow of $10.8 million, with Fidelity's FETH experiencing the largest outflow.

GateNews37m ago

Vitalik Buterin Urges Ethereum to Broaden Its Mission Beyond Finance

In brief Vitalik Buterin said Ethereum should build a full-stack ecosystem beyond decentralized finance. He urged developers to support privacy tools, decentralized coordination, and open infrastructure. Some observers say Ethereum should stay focused on DeFi, while others back the

Decrypt54m ago

Data: If ETH breaks through $2,060, the total liquidation strength of mainstream CEX short positions will reach $890 million.

ChainCatcher reports that, according to Coinglass data, if ETH breaks above $2,060, the total liquidation strength of mainstream CEX short positions will reach $890 million. Conversely, if ETH drops below $1,866, the total liquidation strength of mainstream CEX long positions will reach $796 million.

GateNews1h ago

ETH drops below 1950 USDT

Gate News bot message, Gate market display, ETH drops below 1950 USDT, current price 1949.45 USDT.

CryptoRadar1h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)