RWA Report 2026: Tokenized Gold Trading Volume

CoinGecko's annual RWA report highlights the inflection point reached in early 2026. Spot trading of tokenized gold reached $90.7 billion during the first quarter of 2026, eclipsing the $84.6 billion logged across all of 2025, with PAX Gold and Tether Gold together driving 89.1% of the expansion in tokenized commodities, which climbed 289% to $5.55 billion in market capitalization. Demonstrates the accelerating institutional and retail adoption of tokenized gold.