Introduction: A Structural Shift You May Have Missed

In January 2026, gold broke through the 5,000‑dollar mark and briefly spiked to almost 5,600 dollars an ounce, a new all‑time high. While global investors stared at the flashing price on their screens, few noticed a quiet migration happening behind this epic bull market – gold is moving.

Not from a London vault to a New York vault, but from the physical world onto the blockchain.

By February 2026, the total market cap of tokenized gold had exceeded 6 billion dollars, with roughly 2 billion added in just the first weeks of the year, backed by more than 1.2 million ounces of physical bullion locked away in vaults. Over the full year 2025, cumulative trading in tokenized gold reached…