Record-Breaking Year for Tokenized Gold
BTCC exchange concluded 2025 with substantial achievements in its tokenized gold trading, processing over $5.7 billion in volume throughout the year. The final quarter of 2025 marked a period of exceptional growth, with trading volume surging by 809% compared to the first quarter. This explosive growth contributed significantly to the platform's overall expansion.
The cryptocurrency exchange, established in 2011, recorded $2.74 billion in trading volume during the fourth quarter alone. This figure represented 48% of its annual activity and demonstrated a remarkable 130% quarter-over-quarter increase.
Performance of Tokenized Gold in 2025
Tokenized gold experienced a landmark year in 2025, with its market capitalization growing by an impressive 177%. Data from CEX.IO indicates that the market capitalization rose from $1.6 billion to $4.4 billion.
The expansion of tokenized gold also accounted for approximately 25% of the net growth observed in real-world assets (RWAs).
Global trading volume for tokenized gold reached $178 billion in 2025, with the fourth quarter seeing activity peak above $126 billion. The category attracted over 115,000 new wallet addresses, a fourteenfold increase compared to the previous year.
Notably, tokenized gold outperformed physical gold in terms of market growth, expanding its market size by over 2.6 times.
The increased trading activity in tokenized gold is partly attributed to its availability on crypto platforms like BTCC. These platforms offer features such as 24-hour trading without the limitations found on traditional exchanges, alongside relatively faster transaction speeds.
Based on trading volume, tokenized gold would rank as the second-largest gold investment product globally, surpassed only by SPDR Gold Shares.
Market forecasts suggest continued activity, with central banks expected to purchase an additional 755 tonnes of gold in 2026. JP Morgan has projected gold prices to approach $5,000 per ounce by the end of 2026. As of the time of writing, gold is trading at over $4,611 per ounce.
"The 809% surge from Q1 to Q4 reflects gold’s rally driven by geopolitical tensions and policy uncertainty," stated Marcus Chen, Product Manager at BTCC Exchange.
Chen further elaborated that BTCC's tokenized products provide users with direct access to trade using cryptocurrency while gold continues to reach record highs.
Demand for Tether and Paxos Gold Products
BTCC currently offers three distinct tokenized gold perpetual futures products designed to meet varied trader needs.
The GOLDUSDT product tracks spot gold prices, offering direct exposure and hedging capabilities. PAXGUSDT, backed by PAX Gold, is an Ethereum-based token regulated by the New York Department of Financial Services (NYDFS). Each PAXG token is backed by one troy ounce of physical gold.
XAUTUSDT, issued by Tether, is available for circulation within the cryptocurrency market. It is also backed by physical gold and supports on-chain transferability for integration with decentralized finance (DeFi) ecosystems.
The $5.72 billion in annual tokenized gold trading constitutes approximately 10.7% of BTCC's total tokenized futures volume of $53.1 billion for 2025, as detailed in the exchange's fourth-quarter growth report.
BTCC to Expand Tokenized Product Offerings
BTCC exchange has strategically positioned itself at the confluence of crypto trading and tokenized real-world assets, anticipating the growing institutional adoption of blockchain-based financial products.
"Gold is just the beginning," Chen remarked when discussing plans to meet the projected demand for tokenized assets in 2026. He added, "We’re actively working on expanding into other commodities and traditional finance products. With what we’ve built here, BTCC is ready to bring tokenization to a much wider range of assets and make them accessible to traders everywhere."

