Wintermute launches OTC tokenized gold trading for institutional clients
Wintermute has introduced an over-the-counter trading platform for tokenized gold (PAXG and XAUT) aimed at institutional investors. This marks a significant advancement in the digital assets space backed by precious metals.
Source The Block
The company believes the tokenized gold market could grow to $15 billion in 2024, nearly 2.8 times larger than current volumes. This projection highlights growing institutional interest in digitized assets with tangible backing.
This launch may serve as a catalyst for further expansion of the tokenized asset sector and encourage broader adoption of blockchain technologies within precious metals investment.
