Crypto Exchanges Drive Tokenized TradFi Market to $6.6 Billion
Tokenized real-world assets, or RWAs, give investors blockchain-based exposure to traditional instruments such as equities, commodities and foreign exchange, often through round-the-clock markets. CoinGecko said regulatory advances, a growing roster of token issuers and improved distribution infrastructure are encouraging crypto exchanges to broaden their remit, turning platforms built for digital assets into multi-asset venues that increasingly compete with brokerages and established derivatives exchanges.
CoinGecko said in a July 2026 report that the market for tokenized traditional assets expanded to $6.59 billion from $1.41 billion over 18 months, an almost fivefold increase. Trading volume reached $1.45 trillion in the first half of 2026, roughly 10 times the total recorded for all of 2025. US-stock perpetual contracts overtook precious metals as the leading growth driver as exchanges accelerated listings tied to conventional financial markets.
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The history behind this eventCrypto Exchanges Gain as Tokenized Commodity Market Grows to $7.7 Billion
Tokenized commodities bring ownership interests in physical assets such as gold onto blockchains, allowing investors to trade beyond traditional market hours. Tether Gold (XAUT) and Paxos Gold (PAXG), both backed by physical gold, have become major hedging instruments. They are also helping integrate real-world assets (RWAs) into crypto-market infrastructure.
As of July 2026, the total market capitalization of tokenized commodities had risen to $7.69 billion, or about $7.7 billion. As demand grows for assets such as XAUT and PAXG, crypto exchanges are not only facilitating round-the-clock spot trading but are also gradually becoming new venues for investors to trade traditional commodities and related derivatives.
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