Events

Tether and Elemental Royalty announced an option for investors to receive dividend payments in Tether Gold (XAU₮), a blockchain token backed by physical gold. This move makes Elemental Royalty the first publicly listed gold firm to offer cryptocurrency dividends directly linked to tokenized gold.

Wintermute has launched institution-grade OTC trading for tokenized gold like PAXG and XAUT, marking its entry into digital commodities amid rising demand. The service targets professional investors needing large-block execution, and Wintermute expects the tokenized-gold market could reach $15 billion by 2026.

Large investors, including major crypto whales, are moving heavily into tokenized gold tokens such as PAXG and XAUT as a stability play amid a sluggish crypto market. The shift has led to record inflows, rising volumes, brief premiums above spot gold, and multi-million-dollar whale accumulations facilitated by exchanges like Bybit.

Hang Seng Investment Management has introduced a physically backed gold ETF that issues tokenized units on the Ethereum blockchain, providing investors with direct bullion exposure while testing blockchain-based access. Secondary trading of the tokenized units and wider tokenization plans await regulatory clearance.

A bogus Christmas Eve press release claimed Circle had launched USDC-backed tokenized gold and silver products on a purported 'CircleMetals' platform. Circle denied the report, saying the announcement was fake and that it has no metals-trading or tokenized-metals offering.

At Binance Blockchain Week Dubai 2025, Binance founder Changpeng “CZ” Zhao and gold advocate Peter Schiff engaged in a fiery, anticipated onstage debate comparing Bitcoin, gold and tokenized gold as contenders for the future of money.

Binance founder Changpeng Zhao (CZ) criticizes economist Peter Schiff's tokenized gold product, arguing it's not equivalent to on-chain gold. Despite Schiff's aim to combine gold's stability with blockchain convenience, CZ remains skeptical of the concept.