Tokenized gold products have accumulated $5.19 billion in assets under management, positioning them as the 22nd largest category among all gold funds.

The $5.19 billion AUM represents 1.0 percent of the total $528 billion managed across 98 traditional gold exchange-traded funds and investment vehicles. On-chain gold assets provide direct ownership of physical gold through digital tokens, typically backed by fully reserved gold held by custodians, with tokens representing fractional ownership.

Blockchain-based gold enables 24/7 trading, fractionalization, and on-chain reserve verification, contrasting with traditional gold funds that operate within standard market hours and have varying redemption mechanics.

Tokenized gold's position at 22nd by AUM reflects growing capital flows into the on-chain RWA sector, signaling demand for digitally native investment options linked to tangible commodities.