The tokenized commodities market rose 53% in under six weeks to $6.1B, driven mainly by tokenized gold. Tether Gold (XAUt) expanded to a $3.6B market cap (up 51.6% in a month) and Paxos’s PAX Gold (PAXG) reached $2.3B (up 33.2%), pushing the segment 360% year‑on‑year. Tether also bought a $150M stake in Gold.com to integrate XAUt and explore USDT purchases of physical gold. The tokenized gold rally coincides with an ~80% year rally in spot gold and contrasts with recent Bitcoin weakness.

Market-cap and percentage moves cited in the summary: overall tokenized commodities up 53% to $6.1B; XAUt $3.6B (+51.6% month); PAXG $2.3B (+33.2% month); segment +360% y/y. Tether’s $150M Gold.com stake and the ~80% rally in spot gold are factual drivers noted in the summary.