The tokenized gold market has surpassed a $3 billion market cap, driven by growing institutional and central bank interest. Trading volumes have reached $16.9 billion, with major entities like Tether, MKS PAMP, and PAXOS spearheading the sector. Central banks, including Kyrgyzstan, are participating with gold-backed stablecoins, highlighting the asset's appeal in digital finance. The global gold market is valued at approximately $29 trillion, and tokenized gold is increasingly favored for its enhanced accessibility and liquidity.