Tokenized Gold Ranks 22nd by AUM Among Global Gold Funds

Tokenized gold ranks 22nd globally with $5.19B AUM. This reflects growing interest in gold-backed assets — here's why it matters. Tokenized gold has reached a significant milestone, ranking 22nd by assets under management (AUM) among gold funds, according to a tweet by the CryptoTwitter commentator @tokenterminal. With $5.19 billion, it represents 1.0% of the $528 billion AUM in 98 gold ETFs and funds. This development underscores the increasing interest in gold-backed digital assets in the broader financial landscape. The broader crypto market is currently displaying mixed signals, with varying momentum across major assets.