Home / Business and Economy / Digital Gold Surges Past $4 Billion, Fuels Emerging Markets
Digital Gold Surges Past $4 Billion, Fuels Emerging Markets
13 Dec
Summary
- Tokenized gold market now exceeds $4 billion, with rapid growth.
- Emerging markets use digital gold as a financial lifeline amid uncertainty.
- GSX and Ubuntu Tribe partner to bring over $5 billion gold on-chain.

The tokenized gold market has experienced remarkable growth, now valued at over $4 billion according to CoinGecko data. This digital asset is becoming a crucial tool for wealth protection and investment, particularly in emerging economies grappling with currency devaluation, inflation, and economic instability. These regions are increasingly adopting tokenized gold as a stable store of value and a means to foster greater financial inclusion.
A significant development includes the partnership between Global Settlement Holdings Inc. (GSX) and Ubuntu Tribe. This collaboration aims to bring more than $5 billion worth of gold onto the blockchain using Ubuntu Tribe's MiCA-compliant GIFT token. The initiative focuses on expanding gold-backed savings and investment products across African markets and the European Union, promising to enhance settlement speeds and reduce foreign exchange friction.




