Tokenized gold on the Ethereum blockchain has reached a significant milestone, with a total value of $2.7 billion. This development highlights the growing adoption of real-world assets (RWA) in the decentralized finance (DeFi) space. Gold-backed tokens like PAX Gold (PAXG) and Tether Gold (XAUT) are gaining traction as they offer a digital representation of physical gold reserves. Ethereum's robust smart contract capabilities and mature ecosystem have positioned it as the leading platform for asset tokenization. Both institutional and retail investors are increasingly turning to these digital gold tokens, bridging the gap between traditional finance and the burgeoning DeFi sector.