First-quarter spot trading for tokenized gold products exceeded the full-year 2025 volume by $6.1 billion.
Tokenized gold products saw $90.7 billion in spot trading volume during the first quarter of 2026, outpacing the $84.6 billion recorded for all of 2025. The surge reflects growing investor interest in blockchain-based gold assets.
The 2025 total marked a record at the time, with steady growth throughout the year. Leading the market are PAX Gold (PAXG) and Tether Gold (XAUT), which dominate tokenized gold offerings.
No immediate market reaction data was provided, but the volume spike signals expanding adoption of digital gold products.