Gold Rally Lifts Tokenized Commodities Market Cap to Nearly $3.94 Billion

Blockchain-based tokenized commodities have climbed to a combined market value of $3.94 billion, supported by record-breaking moves in gold and other precious metals. Gold-backed tokens such as Tether Gold and Paxos Gold dominate the segment, while Ethereum remains the leading network for real-world asset tokenization by onchain value.