Tokenized gold has had a busy year and a quiet one at the same time. Spot trading volume reached $90.7 billion in the first quarter as gold futures rallied above $5,600 per troy ounce, but on
Tokenized gold has had a busy year and a quiet one at the same time. Spot trading volume reached $90.7 billion in the first quarter as gold futures rallied above $5,600 per troy ounce, but only about $63 million of the roughly $4.2 billion in circulation is being used inside decentralized finance, according to a new report from oracle provider RedStone.
That is 1.5% of the market doing anything beyond sitting in a wallet.
