$XAU

🪙 1. Market Leadership & Size
Tether Gold (XAU₮) continues to dominate the tokenized gold market, holding about 60% of total supply among gold-backed digital assets as investor and institutional interest grows.
The tokenized gold segment (including XAU₮, PAXG, etc.) has seen rapid expansion as a real-world asset (RWA) category with rising trading volumes and adoption.
🌍 2. Exchange & Infrastructure Developments
Major players in crypto infrastructure, such as Bybit, have expanded support for XAU₮ deposits and withdrawals, broadening access across blockchain ecosystems like Mantle.
Tokenized gold is being integrated into DeFi platforms (e.g., staking vaults and collateral systems), which increases utility beyond just holding or trading.
📌 Key Takeaways
✔ XAU₮ remains the primary tokenized gold leader, capturing most of the market share among gold-backed digital assets.
✔ Exchange integrations and DeFi use cases are expanding, increasing liquidity and real-world utility.
✔ Tokenized gold’s growth trajectory continues to outpace many traditional gold products.