Cryptocurrency exchanges are becoming TradFi platforms amid the boom in tokenized goods

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Demand for tokenized goods is growing as investors seek protected exposure to cryptocurrency markets that trade around the clock, rather than just during customary market hours.

According to the data aggregator, the tokenized goods sector grew 10% over the past month to $7.69 billion in total market capitalization, while the number of holders increased 5.8% to 189,390 RWA.xyz.

Tether Gold (XAUT) takes the lion’s share with $2.96 billion in onchain commodities, while Paxos Gold (PAXG) is in second place with $2.56 billion.

This growth highlights how real-world assets are becoming a larger part of cryptocurrency market activity. Tokenized commodities allow investors to gain 24/7 blockchain-based exposure to assets including gold and silver, while offering the ability to transfer and trade them via digital asset infrastructure.

Related: The difference in Crypto’s profitability with TradFi decreases as staking occurs and RWA increases

Tokenized commodities, all-time chart. Source: RWA.xyz

Cryptocurrency exchanges are emerging as fresh TradFi venues

At the same time, cryptocurrency exchanges are enjoying greater interest from traders seeking exposure to customary assets through derivatives.

According to blockchain data platform CryptoQuant, this trend is especially noticeable during periods of forceful price trends, such as the recent rally in gold and silver.

“Activity has increased dramatically during periods of strong precious metal price increases,” Julio Moreno, CryptoQuant’s head of research, wrote in a research report report published on Tuesday.

He added that daily volume is overwhelmingly focused on 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’ with green lithe for DTCC tokenization

Binance perpetual trading activity is growing

Trade in these products developed rapidly. CryptoQuant said Binance’s TradFi perpetual futures has generated over $130 billion in cumulative trading volume and approximately 90 million transactions since its launch in January.

Binance: TradFi perpetual futures – cumulative trading volume and number of transactions. Source: CryptoQuant

CryptoQuant attributed the rising demand for tokenized goods and the rise in precious metal prices to tariff uncertainty, higher interest rates and stronger safe-haven demand.

Warehouse: Can Robinhood or Kraken tokenized stocks ever become truly decentralized?

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