PANews reported on December 26th, citing Cointelegraph, that the market size of blockchain-based tokenized commodities is approaching the $4 billion mark as global precious metal prices hit record highs. According to data aggregator RWA.xyz, the tokenized commodities market grew by 11% to $3.93 billion in the month ending Friday. Tether Gold (XAUt) is the largest tokenized commodity, valued at $1.74 billion, followed by Paxos Gold (PAXG) at $1.61 billion. Tokenized precious metals can be transferred and traded on-chain outside of traditional market trading hours, but pricing, liquidity, and redemption remain tied to traditional infrastructure.