[With the rise in spot gold prices, the tokenized gold market size once reached $2.5 billion] According to a report by Coingeek, the recent increase in gold prices has driven the tokenized gold market size to surpass $2.5 billion at one point. Currently, the tokenized gold market is primarily dominated by XAUT under Tether and PAXG under Paxos. In August alone, XAUT saw approximately $437 million in new issuance, while PAXG attracted around $141.5 million in June. As of now, the total market capitalization of PAXG has reached $985 million, ranking first, followed by XAUT with a market capitalization of approximately $859 million. Tokenized gold allows investors to gain exposure to physical gold without the need to purchase, transport, or store the physical asset.