Wintermute sees tokenized gold market tripling to $15B in 2026 – Here’s why!
Wintermute, one of many high crypto market makers, has jumped on the tokenized gold development and expects the market to develop threefold by the tip of the yr.
The agency unveiled assist for tokenized gold buying and selling, beginning with Tether Gold and Paxos Gold, on its over-the-counter (OTC) desk for institutional gamers. This marks the primary of its form, signaling rising traction within the section.
For Wintermute CEO Evgeny Gaevoy, the on-chain gold growth may observe the trail of the overseas alternate market growth.
“We’re watching gold bear the identical infrastructure evolution that turned overseas alternate into the world’s largest market.”
He added,
“Gold is now following that playbook, and we count on the tokenized gold market to achieve $15 billion in 2026 as institutional adoption accelerates.”
Will tokenized gold triple in 2026?
At the moment, the general market cap of the on-chain gold market is about $5 billion, in accordance with Coingecko data. At $15 billion, that may suggest a 3x market progress by the tip of the yr.
In response to the market maker, the section’s explosive traction is already evident. Wintermute believes that the tokenized gold market rivaled the highest 5 conventional ETFs monitoring bodily gold in buying and selling quantity in This fall 2025.
The section, led by Tether Gold [XAUT] and Paxos Gold [PAXG], hit $126 billion in buying and selling quantity within the final quarter, outpacing the highest 5 conventional gold ETFs for the primary time.
Supply: Wintermute
Will the momentum overshadow BTC?
Nonetheless, the expansion is now being questioned by some analysts. For the unfamiliar, tokenized gold is a token that enables one to realize publicity to bodily gold with extra benefits. It’s backed by bodily gold and helps 24/7 liquidity, on the spot settlement, and one can purchase even small quantities (divisible).
These options make it a welcome improve to the standard bullion storage or ETF wrappers. In response to a pseudonymous analyst, TXMC, the challenges of conventional gold are what makes BTC viable and engaging.
Therefore, the query – Will the tokenized gold growth dent BTC’s traction?
He implored,
“For ages now, a foremost story has been that BTC beats gold on divisibility, transportability, and being digital fairly than analog. What occurs to these benefits if totally backed, tokenized gold merchandise achieve traction and are extremely liquid?”
In actual fact, Gaevoy lately told CNBC that the present market weak point didn’t drive capital out of crypto. As an alternative, the cash “repositioned to tokenized gold.”
It stays to be seen whether or not BTC will commerce as a protected haven once more or if tokenized gold will derail it.
Closing Abstract
- Wintermute CEO projected that the on-chain gold market cap may develop 3x by the tip of the yr to $15 billion.
- Tokenized gold hit $126 billion in This fall 2025, rivaling main conventional gold ETFs for the primary time.
