While the recent banking crisis in the USA has shifted the attention of investors to precious metals, the tokenized gold market has risen to over $1 billion again.
Soon in the USA crypto friendly Signature, Silicon valley And silvergate investors after bankruptcy tokenized to gold products busy One interest was shown. Total market value of tokenized gold products 1.02 billion reaching the dollar 1 billion your dollar over output was recorded. In addition, the trading volume of tokenized gold in the last 24-hour period 25.5 reached millions of dollars.
According to Coinecko data Pax Dollar (USDP) and recently discontinued Binance USD (BUSD) tokenized gold product of its issuer Paxos PAX Gold (PAXG), 524 million between current tokenized gold products with a market value of $ first place took place.
It ranks second in terms of market value. Tether’s has exported Tether Gold (XAUT) took. As of writing, Tether’s tokenized product 500 million dollars has market value was recorded.
Moreover Perth Mint Gold Token (PMGT) lagging far behind its competitors. 2.3 million with market value in dollars third place took place.
On the other hand, gold 13 months breaking the record your $2,000 rose to the top, and gram gold in Turkey is at an all-time high. 1,257 TL he saw.