Odaily Planet Daily reports that crypto market maker Wintermute has announced the official launch of its OTC desk offering tokenized gold trading services for institutional clients, supporting the two major gold-pegged tokens Pax Gold (PAXG) and Tether Gold (XAUT), marking the company’s entry into the tokenized commodities market.
Wintermute stated that it will provide algorithm-optimized spot execution services to offer institutional investors blockchain-settled gold trading exposure. CEO Evgeny Gaevoy expects that as institutional demand grows, the tokenized gold market size could expand to $15 billion by 2026, approximately 2.8 times the current size.
Data shows that in Q4 2025, tokenized gold trading volume surpassed that of five major gold ETFs for the first time, reaching a total of $126 billion. During the same period, on-chain gold market capitalization increased by over 80% in three months, rising from approximately $2.99 billion to $5.4 billion, reflecting rising market demand for 24/7 liquidity and instant settlement.
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
Weekly Report: Gold Breaks Below $4,500! Crude Oil Surges Past $110, But Bitcoin Rallies and Outperforms Gold
Escalating tensions in the Middle East and the Federal Reserve's hawkish stance have impacted global financial markets. Gold plummeted more than 10% this week, marking its worst performance since 1983, while oil prices surged to historic highs. In contrast, Bitcoin rose against the trend, indicating a flow of capital toward crypto assets. The market continues to face uncertainty, and volatility in risk assets may persist.
動區BlockTempo1h ago
Yesterday, the US XRP spot ETF experienced a single-day net inflow of $1,978,200.
On March 20, the US XRP spot ETF recorded a single-day net inflow of $1.9782 million, with Canary XRP ETF being the only product achieving net inflows. Total net inflows have reached $421 million. Currently, the total net asset value of XRP spot ETFs stands at $1.006 billion, with historical cumulative net inflows reaching $1.209 billion.
GateNews5h ago
GameFi sector market cap $4.515 billion, FLOKI ranks first with $286 million
As of March 21, the GameFi sector has a market cap of $4.515 billion, with FLOKI, The Sandbox, and Undeads Games ranking at the top. The Solana Foundation chairperson believes blockchain gaming performance has fallen short of expectations, and multiple institutions have previously invested substantial capital in this sector.
GateNews6h ago
Today the cryptocurrency fear and greed index rose to 12, with the market in a state of extreme panic.
Gate News Update: On March 21st, according to Alternative.me data, the Cryptocurrency Fear and Greed Index rose to 12 today (the index was 11 yesterday), with the market in an "extreme panic state."
GateNews7h ago
Ondo Finance Issues Tokenized Securities in IBIT and GLXY
The essay discusses the recent entry of large companies and ETFs into the tokenized securities market, highlighting growth driven by regulatory support and increasing institutional demand, with Ondo Global Markets managing over 250 tokenized instruments valued at nearly $2.6 billion.
CryptoBreaking14h ago
Gemini Faces Class-Action Suit Over Prediction Market Pivot, Plummeting Stock Price
Gemini faces a class action lawsuit from shareholders alleging that the company misled investors about its business viability and concealed its shift to prediction markets, contributing to a significant decline in stock value.
Decrypt14h ago