Top Tokenized Gold Tokens by Market Capitalization

Question 1

How does Tokenized Gold work?

Answer

Tokenized Gold works by using blockchain technology to create a digital representation of physical gold. Each token is backed by a certain amount of gold, which is stored in a secure location. When a person buys a gold token, they are essentially buying a claim to a certain amount of gold. These tokens can be bought, sold, and traded just like any other digital asset. The underlying gold can also be redeemed by the token holder, if they wish to do so.

Question 2

What are the benefits of Tokenized Gold?

Answer

There are several benefits to Tokenized Gold. Firstly, it allows for fractional ownership of gold, which can make it more affordable and accessible to a wider range of investors. Secondly, it provides a way to invest in gold without having to worry about storage or security, as the physical gold is stored in a secure vault. Thirdly, it offers the potential for increased liquidity, as the tokens can be easily bought, sold, and traded. Lastly, it provides a way to invest in gold that is transparent and easily verifiable, thanks to the use of blockchain technology.

Question 3

What are the risks of Tokenized Gold?

Answer

While Tokenized Gold offers many benefits, it also comes with certain risks. One of the main risks is that the company issuing the tokens could go bankrupt, which could make it difficult for token holders to redeem their gold. There is also the risk that the gold backing the tokens could be stolen or lost. Additionally, while blockchain technology is generally secure, there is always the risk of hacking. Lastly, the value of gold can fluctuate, which means that the value of the tokens can also fluctuate. As with any investment, it's important to do your own research before investing in Tokenized Gold.

#	Name	Price	1h %	24h %	7d %	Market Cap	Volume(24h)	Circulating Supply
87	PAX Gold PAXG	$3,352.92	0.07%	0.17%	0.10%	$944.71M$944,708,424	$33,543,463 10.00K	281.75K PAXG
95	Tether Gold XAUt	$3,346.74	0.04%	0.14%	0.37%	$825.05M$825,053,019	$8,940,843 2.67K	246.52K XAUt
612	Matrixdock Gold XAUM	$3,366.57	0.06%	0.06%	0.55%	$44.27M$44,269,805	$700,546 208.08	13.14K XAUM
934	GOLDAO GOLDAO	$0.02399	0.50%	1.12%	0.48%	$16.97M$16,974,566	$7,365 306.93K	707.44M GOLDAO
973	Comtech Gold CGO	$107.54	0.24%	0.16%	0.67%	$15.16M$15,163,429	$1,630,220 15.15K	141K CGO
1639	VNX Gold VNXAU	$107.46	0.36%	0.05%	0.84%	$3.02M$3,019,637	$49,927 464.60	28.1K VNXAU
1734	Tether Gold Tokens XAUT0	$3,333.54	0.01%	0.50%	1.32%	$2.37M$2,370,315	$258,736 77.61	711.04 XAUT0
2805	Nugget Trap Gold Token NGTG$$	$0.0003980	4.59%	37.97%	25.51%	$97,831.16$97,831	$16 39.02K	245.75M NGTG$$
3243	UGOLD Inc. UGOLD	$3,535.63	0.03%	0.11%	0.13%	$11.37B$11,367,330,201	$75,504,932 21.35K	3.21M UGOLD
4149	Quorium QGOLD	$3,348.16	0.10%	0.09%	0.35%	$1.92B$1,919,255,127	$93,671 27.97	573.22K QGOLD
	Kinesis GoldKAU	$108.24
	GoldPro TokenGPRO	$16.41
	GLDTGLDT	$1.12
	Gold Token (Novem)NNN	$129.55
	Digix Gold TokenDGX	$--
	Perth Mint Gold TokenPMGT	$--
	VeraOneVRO	$--
	tGOLDTXAU	$--
	AUX CoinAUX	$--
	Collective FinanceCGLD	$--
	KinkaXNK	$--
	Gold (Meld )MCAU	$--
	Gram GoldGRAMG	$--
	SPDR Gold Shares tokenized ETF (Dinari)GLD.D	$--

Top Tokenized Gold Tokens by Market Capitalization

Frequently Asked Questions (FAQ)

What is Tokenized Gold?

How does Tokenized Gold work?

What are the benefits of Tokenized Gold?

What are the risks of Tokenized Gold?