Tokenized commodities move beyond gold as lending and oil open new markets
- —Tokenized commodities market cap rose to $5.55 billion from $1.43 billion at the start of 2025
- —Gold tokens from Paxos and Tether accounted for almost 90% of that growth
- —Paxos Labs launched PAXGy, backed by PAXG, with reserves lent to institutional borrowers
- —EnSub expanded its WTIC oil token to Solana and is developing natural gas and Brent tokens
Why it matters: Tokenization could turn a gold-dominated market into a system for financing metals and energy, though borrower risk and logistics remain hurdles.
Source: CoinDesk