Tokenized Gold Gains Ground as Crypto Markets Wobble

Source: CryptoNewsNet Original Title: Tokenized Gold Gains Ground as Crypto Markets Wobble Original Link: While the broader cryptocurrency market struggles, the tokenized gold market continues to grow, offering investors a safe haven amid high volatility.

As of December 2025, the total market capitalization of tokenized commodities stands at $3.63 billion, up 5% from a month ago, according to RWA.xyz. The number of holders also rose modestly to 167,400, an increase of nearly 3% over the same period.

Gold-backed tokens remain the leading commodity, giving crypto investors on-chain access to a traditional safe-haven asset. Spot gold is currently trading above $4,200 per ounce, up 5% over the past month.

The top two tokenized commodities by market capitalization are Tether Gold at $1.6 billion, up 4.68% over the past 30 days, and Paxos Gold at $1.4 billion, up 6.6% over the past 30 days.

Justoken, representing tokenized soybean oil, takes third place at $501.2 million, up 1.24% for the month. The fourth-largest, Matrixdock, also represents gold and is valued at $57.5 million.

By comparison, the total on-chain real-world asset (RWA) market stands at $36.07 billion, relatively flat over the past month.

The steady growth of tokenized commodities, especially gold, underscores their appeal as a safe option amid turbulence in the wider decentralized finance (DeFi) sector. Total value locked (TVL) in DeFi has dropped from $177 billion in mid-October to $118 billion today.

Both the Ethereum and Solana blockchains, often seen as key measures of DeFi activity, have experienced TVL declines of 34% and 38%, respectively, since mid-October. Meanwhile, Bitcoin, the world’s largest cryptocurrency with a market capitalization of over $1.7 trillion, is trading at $83,550 – down 24% over the past month.

Earlier this year, Kevin Rusher, founder of RWA lending and borrowing ecosystem RAAC, told The Defiant that in times of uncertainty, “gold is always the go-to safe haven asset.”

“Today, we are lucky enough to have tokenized gold, which means crypto natives can access the yellow metal in a way they trust and can dampen volatility in their portfolios,” Rusher said.