The tokenized assets market excluding stablecoins has tripled in one year, growing from 2 to 2.7 billion USD in mid-2025 to 7.5 billion USD by July 2026. Gold represents the bulk of this capitalization with over 6 billion USD tokenized by February 2026, primarily through Tether Gold (XAUT) and Pax Gold (PAXG). Industrial metals such as copper, lithium, nickel and uranium are following this trend with still modest capitalizations but rapidly developing infrastructure. Citi forecasts a total market of 5 trillion USD by 2030, showing the scale of the phenomenon beyond commodities alone.
Source: Read the original article
