Demand for tokenized products is increasing as investors seek secure exposure through crypto-native markets that trade around the clock, not just during traditional market hours.
The tokenized products sector has grown 10% over the past month to a cumulative market capitalization of $7.69 billion, and the number of holders has increased 5.8% to 189,390, according to data aggregator RWA.xyz.
Tether Gold (XAUT) has the largest share of on-chain products with $2.96 billion, followed by Paxos Gold (PAXG) in second place with $2.56 billion.
This growth highlights that real-world assets are becoming a larger part of crypto market activity. Tokenized products allow investors 24/7 blockchain-based exposure to assets, including gold and silver, while also providing the ability to transfer and trade assets through digital asset infrastructure.
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Tokenized products, historical charts. Source: RWA.xyz
Cryptocurrency exchanges emerge as new TradFi venues
At the same time, cryptocurrency exchanges are attracting more interest from traders seeking exposure to traditional assets through derivatives.
According to blockchain data platform CryptoQuant, this trend is especially evident during periods of strong prices, such as the recent rallies in gold and silver.
“The spike in activity occurred during a period of strong momentum in precious metal prices,” Julio Moreno, head of research at CryptoQuant, said in a research report released on Tuesday.
He added that daily volume was overwhelmingly concentrated in gold and silver contracts, which reached $3.77 billion and $3.75 billion, respectively, on Tuesday.
Related: US financial markets ‘ready to go on-chain’ amid DTCC tokenization green light
Binance perpetual trading activity is on the rise
Trade in these products expanded rapidly. According to CryptoQuant, Binance’s TradFi Perpetual Futures has generated more than $130 billion in cumulative trading volume and approximately 90 million trades since its launch in January.
Binance: Cumulative trading volume and number of trades for TradFi Perpetual Futures. Source: CryptoQuant
CryptoQuant believes that the rising demand for tokenized products and the soaring price of precious metals is due to tariff-related uncertainty, rising interest rates, and strong demand for safe-haven assets.
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