Top 10 Platforms Tokenizing Precious Metals

Gold is effective partly as a result of it’s troublesome to supply. Unfortunately, it will also be troublesome to maneuver.

Owning bodily bullion sometimes entails managing storage, insurance coverage, transportation, and settlement. Tokenization is altering that equation by representing possession of actual treasured metals on a blockchain, permitting gold and silver to maneuver between wallets virtually as simply as different digital property.

The sector has expanded quickly. According to CoinGecko, over the previous 9 months, the market cap of commodity tokens has elevated by 289%, from $1.43 billion to $5.55 billion within the first quarter of 2026. Most of that progress was from tokenized gold, with spot buying and selling quantity hitting $90.7 billion within the quarter, greater than the $84.64 billion for all of 2025.

The market stays closely concentrated round its largest issuers, however a rising group of platforms is bringing gold, silver, platinum and palladium onto totally different blockchain networks.

Tether Gold

Tether has constructed the biggest identify in tokenized gold by Tether Gold, or XAU₮. Each token represents possession of 1 nice troy ounce of bodily gold contained in a London Good Delivery bar, with the bullion held in Switzerland. 

Tether’s March 31, 2026 reserves report confirmed 707,747.139 nice troy ounces of gold in opposition to 707,747.09 XAU₮ tokens, giving the reserves a reported worth of about $3.3 billion on the time. XAU₮ has since expanded past Ethereum to BNB Chain, whereas July introduced two notable developments: recognition as an Accepted Spot Commodity inside Abu Dhabi Global Market and Shariah certification from Amanah Advisors.

Paxos

Paxos gives PAX Gold, or PAXG, one other heavyweight within the digital bullion market. One PAXG represents one nice troy ounce of bodily gold saved in London Bullion Market Association vaults. Unlike merely monitoring gold’s worth, possession of PAXG provides the holder rights to the underlying allotted metallic held by Paxos Trust Company. 

Holders utilizing supported on-chain wallets may even search for details about their allotted gold. Paxos publishes month-to-month attestations and says it at the moment expenses no storage charge. The firm additionally introduced PAXG natively to Solana in 2026 as the start of a broader multichain technique.

Kinesis

Kinesis takes the concept additional by treating treasured metals virtually like spendable currencies. Kinesis Gold, or KAU, represents one gram of allotted bodily gold, whereas Kinesis Silver, or KAG, represents one troy ounce of silver. The underlying bullion is held throughout a worldwide vaulting community and undergoes impartial bodily audits twice a yr. Kinesis additionally permits qualifying customers to redeem the digital property for bodily bullion. 

Its scale is important exterior the 2 market leaders. CoinGecko’s 2026 RWA report put KAG at roughly $350 million and KAU at about $270 million on the finish of the primary quarter. Kinesis moreover permits eligible bodily bullion to be introduced into its vault community and transformed into KAU or KAG.

Matrixdock

Matrixdock is popping tokenized treasured metals into property that may do greater than sit inside a pockets. Its XAUm token represents one troy ounce of 99.99% pure, LBMA-accredited gold held with custodians in Asia. The firm has additionally launched XAGm for tokenized silver. Matrixdock publishes underlying asset info and makes use of impartial bodily audits alongside on-chain proof-of-reserve infrastructure. 

XAUm has expanded throughout networks together with Ethereum, BNB Chain, Sui and Solana. More importantly, it’s shifting into DeFi. In June 2026, XAUm turned the primary real-world asset accepted as collateral in Venus Protocol’s Fixed-Term Vault on BNB Chain.

Meld Gold

Meld Gold has constructed its platform round making gold and silver digitally transferable whereas sustaining a direct hyperlink to bodily metallic. Its GOLD$ and SILVER$ tokens are every backed by one gram of the corresponding treasured metallic held inside Meld’s community of vaults and amenities. The tokens are designed to be redeemable for the underlying metallic somewhat than merely providing artificial worth publicity. 

Meld has notably sturdy roots within the Algorand ecosystem and has been growing a multichain strategy involving the XRP Ledger. Its broader ambition can be fascinating: the corporate needs blockchain to attach members all through the gold provide chain, together with miners, refiners and retailers.

Aurus

Aurus stands out as a result of it isn’t limiting its tokenization mannequin to gold. Its tGOLD token represents one gram of bodily gold, whereas tSILVER supplies one-gram publicity to silver. The wider Aurus mannequin has additionally prolonged to platinum, giving the platform one of many broader precious-metal choices within the sector. 

Physical reserves are held by bullion-industry companions somewhat than a single centralized storage location, and Aurus says its metallic is stored in audited and insured vaults. The firm can be working with Chainlink on proof-of-reserves infrastructure supposed to attach the amount of bodily metallic held off-chain with token provide on-chain.

VNX

VNX combines tokenized treasured metals with a wider real-world-asset and stablecoin infrastructure. VNX Gold, or VNXAU, represents one gram of bodily gold saved in skilled vaults, with the platform describing the underlying holdings as absolutely allotted and independently audited. VNX has additionally broadened its precious-metal providing towards silver and platinum. 

One benefit is blockchain attain. VNXAU has been deployed throughout networks together with Ethereum, Polygon, Solana, Stellar, Base, Tezos and Q. The firm says its property may also transfer into DeFi purposes for actions similar to lending, borrowing and liquidity provision. VNX Global operates beneath a Bermuda Monetary Authority digital-assets licence.

ComTech Gold

ComTech Gold takes a Middle East-focused strategy to placing bullion on-chain. Its CGO token runs on the XDC Network, with every token representing one gram of bodily gold. The underlying bullion is saved with safe vault operators within the UAE, whereas the challenge publishes reserve info and periodic custody reviews. 

Its transparency web page confirmed 39,000 grams of tokenized gold and included a February 2026 audit report. ComTech additionally obtained an up to date Shariah pronouncement in March 2026 overlaying the construction of CGO. The mixture of fractional gold possession, XDC settlement and Shariah compliance provides the challenge a definite place amongst smaller tokenized-metal issuers.

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VeraOne has taken the multi-metal route even additional. Its platform gives VeraOne for gold alongside SilverOne, PallaOne and PlatiOne, offering digital representations of gold, silver, palladium and platinum. The property are issued as Ethereum-based tokens, and the corporate says they’re backed by bodily treasured metals saved in safe amenities, together with Geneva free ports. 

Tokens are designed to be redeemable in opposition to LBMA-accredited metallic, topic to the platform’s circumstances. Covering 4 main treasured metals provides VeraOne a broader scope than the various platforms constructed solely round gold and opens the door to industrial-metal publicity alongside the extra acquainted store-of-value use case.

Tokenized Metals Are Becoming Financial Building Blocks

The subsequent stage of precious-metal tokenization is about greater than making gold simpler to purchase. Platforms are starting to show bullion into programmable collateral that may be transferred globally, borrowed in opposition to, traded across the clock or built-in into decentralized monetary purposes.

That doesn’t take away the dangers. A blockchain can show what number of tokens exist, however traders nonetheless rely upon issuers, custodians, auditors, authorized possession constructions and dependable redemption mechanisms to make sure the metallic behind these tokens is basically there and accessible.

Those particulars might finally separate enduring tokenized precious-metal platforms from easy gold-pegged cryptocurrencies. As the market grows, transparency about custody and reserves will matter simply as a lot as liquidity, blockchain velocity or token design.

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