PANews reported on October 7th that, according to Coingecko data, as gold prices rise, the market capitalization of tokenized gold, Tether Gold (XAUT), has exceeded $1.5 billion, currently trading at $1,501,095,477, a record high. (Note: Tokenized gold refers to physical gold represented digitally on a blockchain platform. These tokens are backed by an equivalent amount of physical gold held in custody by the issuing institution. )