Tokenized Commodity Holders Surge Past 450,000 Worldwide

AI summary of the source article

Wallets holding tokenized commodities have expanded past 452,000, roughly 3.6 times the number recorded a year earlier, according to rwa.xyz. Total distributed market capitalization reached about $5.2 billion, with Ethereum securing 95% of the total. Gold-backed assets dominate the space, accounting for approximately 90% of all commodity holders, led by Tether Gold (XAUT) and Paxos Gold (PAXG). Retail-focused tokenized offerings across platforms like Robinhood and Ondo Finance have also accelerated growth, lifting their sector share to 23%. However, wallet metrics reflect addresses rather than unique investors, meaning the actual user count is likely smaller.

Why it matters

A 79% jump in holders over nine weeks indicates tokenized commodities are expanding beyond early adopters, positioning gold-backed tokens as the second-largest real-world asset class after tokenized Treasuries.

Key facts

• Tokenized commodity holders grew past 452,000, adding around 200,000 wallets since early August.
• The sector's market capitalization stands at roughly $5.2 billion, with Ethereum holding $4.92 billion of that total.
• Gold-backed tokens account for roughly 90% of commodity holders, led by Tether Gold with 143,973 addresses.