Coin Metrics' September 2024 report on Real World Asset tokenization offers valuable insights, especially in the commodities sector. As specialists in gold and silver tokenization, we're particularly intrigued by the findings.

Key Takeaways on Commodities:

1. Tokenized commodities market estimated at $800 Million - $1 Billion.Gold-backed tokens like Paxos Gold (PAXG) and Tether Gold (XAUT) leading the charge.

2. XAUT's market cap reached $645M, backed by 644 gold bars weighing 7667 Kilograms.

3. Potential for tokenization in other commodities like silver, copper, oil, and agricultural products.