Rising precious metal prices fuel demand for onchain access to real-world assets
Tokenized commodities are gaining momentum as investors seek onchain exposure to traditional assets, coinciding with a powerful rally in global precious metals markets. With gold, silver, and platinum reaching new records, blockchain-based representations of commodities are nearing a significant valuation milestone.
Gold surged to a new all-time high above $4,500 per ounce, while silver briefly touched levels near $75 per ounce, reflecting strong demand amid macroeconomic uncertainty. This rally has directly supported the expansion of tokenized commodities, which grew by 11% over the past month, reaching approximately $3.9 billion in total value.
Among these assets, tokenized gold dominates the sector, accounting for the majority of market capitalization. These products allow investors to trade and transfer exposure onchain, offering greater accessibility and flexibility compared to traditional commodity markets, even though pricing and redemption remain linked to legacy financial systems.
Tokenized commodities form part of the expanding real-world asset (RWA) category, which brings traditional financial instruments onto blockchains. This model enables fractional ownership, faster settlement, and broader global participation. Projections suggest that tokenized RWAs could grow into the trillions of dollars within the next few years, with commodities playing a key role alongside private equity and credit markets.
Most tokenized RWAs are issued on Ethereum, which hosts the majority of asset value in this category. While tokenization activity contributes to network usage, it still represents a smaller share of overall onchain activity compared to stablecoins and retail trading.
As precious metals continue their historic rally, tokenized commodities are emerging as a bridge between traditional value stores and blockchain-based finance, signaling growing investor appetite for regulated, asset-backed digital products.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.