From Safe-Haven Assets to On-Chain Underlying: The Role of Precious Metals in the RWA Cycle

CN
2 hours ago

Over the past year, global financial markets have been undergoing a process of re-evaluation that is not dramatic, yet extremely profound. High interest rates, geopolitical conflicts, fiscal deficits, and sovereign debt issues have intertwined, prompting investors to reassess a seemingly "old-fashioned" question—what truly constitutes a reliable value anchor?

The answer is not new, but the trend is clear: precious metals like gold and silver are returning to a central position in asset allocation.

Unlike the phase-based increases seen in traditional inflation cycles, this round of precious metal trends exhibits more pronounced structural characteristics. Gold has risen against the trend in a high-interest-rate environment, while silver has continuously reached new highs amid significant volatility. This reflects not a single market factor, but rather a long-term concern of global capital regarding the fiat currency credit system. When "holding cash" no longer signifies safety, physical assets with non-sovereign credit attributes naturally become one of the destinations for funds.

From "Physical Hedging" to "On-Chain Assets": The Transformation of Precious Metals

It is noteworthy that this round of precious metal resurgence has not remained confined within the traditional financial system. With the maturation of blockchain infrastructure, the on-chaining of Real World Assets (RWA) has begun to enter a substantive phase, and precious metals are among the first types of assets accepted by the market.

Gold and silver themselves have not changed; what has changed is their "mode of existence." Through tokenization, precious metals can enter the on-chain trading system in a 1:1 anchored physical form, breaking through the limitations of trading time, geography, and account systems, transforming from "hedging tools for specific markets" to digital assets that can circulate globally 24/7.

This change brings not only trading convenience but, more importantly, a reconstruction of price discovery mechanisms and liquidity. Tokenized precious metals are no longer confined to a single exchange or market period but form closer relationships with crypto assets, stablecoins, derivatives, and gradually become an important bridge connecting traditional finance and the crypto market.

With RWA Heating Up, Precious Metals Become the Most Realistic Landing Spot

Among various types of RWA assets, precious metals are generally regarded as a category with relatively controllable risks and the lowest cognitive costs. On one hand, the value logic of gold and silver has long been validated by the market; on the other hand, their high standardization, mature reserve, and auditing systems make them easier to integrate with on-chain mapping mechanisms.

This also makes precious metals one of the first categories to achieve scaled trading in the development of TradeFi (tokenized trading of traditional financial assets). Compared to assets like stocks and bonds that are highly dependent on regulatory and clearing systems, the tokenization of precious metals has inherent advantages in compliance and structural design.

Against this backdrop, more and more trading platforms are beginning to view precious metals as a foundational module of the "full asset trading system," rather than merely a supplementary category.

BitMart: Positioning Precious Metal Trading Ahead of the Full Asset Era

As a digital asset trading platform that continuously advances its TradeFi layout, BitMart does not view the tokenization of precious metals as a short-term trend but incorporates it into a long-term full asset strategy. Currently, the platform has launched various precious metal token spot and contract trading options, including PAXG, XAUT, and KAG, providing users with diverse ways to participate in the price fluctuations of gold and silver.

Compared to traditional precious metal investments, the advantage of on-chain trading lies in its higher flexibility. A unified trading interface and a market mechanism that operates around the clock allow users to complete the allocation and switching of precious metals and other assets within the same account system, without the need to frequently move funds between different financial systems.

More importantly, the positioning of precious metals on BitMart is not isolated; rather, it serves as a part of "cross-asset allocation," forming a dynamically adjustable portfolio structure together with stock tokens and crypto assets. This design philosophy, centered on user allocation efficiency, is also key to the TradeFi narrative.

Not Just a Trading Category, but an Evolution of Infrastructure

From a longer-term perspective, the significance of precious metal tokenization may not lie in short-term trading activity but in its "stress testing" of the entire financial infrastructure. As real assets begin to trade continuously in on-chain form, the platform's liquidity management, risk control capabilities, and system stability will all be subjected to higher standards of scrutiny.

In this process, the role of trading platforms is changing—from mere asset listing providers to infrastructure providers connecting different financial systems. BitMart's continuous expansion of tokenized trading for traditional assets like precious metals is a proactive response to this trend.

As global asset allocation gradually moves towards borderlessness, precious metals are no longer just "old friends remembered only in times of hedging," but have become a stable and important part of the digital financial system. The trading infrastructure built around these assets will also determine the depth and breadth of market competition in the next phase.

In the early stages of the full asset era, those who can better accommodate these "slow and steady" assets may be the true long-term variables.

About BitMart

BitMart is a leading global digital asset trading platform with over 13 million users worldwide. BitMart consistently ranks among the top on CoinGecko, offering over 1,700 trading pairs with competitive fees. BitMart adheres to the principles of continuous innovation and financial inclusivity, dedicated to providing a seamless trading experience for global users. For more information about BitMart, please visit the website, follow us on X (Twitter), or join our Telegram for updates, news, and promotions. Download the BitMart App to trade anytime, anywhere.

Risk Warning:

Users must bear all risks associated with using BitMart services. All cryptocurrency investments, including financial management, are highly speculative and involve significant risk of loss. Past, hypothetical, or simulated performance does not guarantee future results.

The above information is for reference only and should not be considered as advice to buy, sell, or hold any financial assets. All information is provided in good faith. However, we make no express or implied representations or warranties regarding the accuracy, adequacy, effectiveness, reliability, availability, or completeness of such information.

All cryptocurrency investments (including financial management) are inherently highly speculative and carry significant risk of loss. Past performance, hypothetical results, or simulated data do not necessarily represent future results. The value of digital currencies may rise or fall, and buying, holding, or trading digital currencies may involve significant risks. Before trading or holding digital currencies, you should carefully assess whether participating in such investments is suitable for you based on your investment goals, financial situation, and risk tolerance. BitMart does not provide any investment, legal, or tax advice.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink