Tokenized Gold Market Cap Surges 51.6% to $3.6B as XAUt0 Enables Cross-Chain Access
**Gold-backed tokens see significant growth**
The market capitalization of XAUt, a tokenized gold asset, has increased 51.6% over the past month, reaching $3.6 billion. This growth reflects renewed interest in gold as a store of value.
**Cross-chain accessibility expands**
XAUt0 enables users to access this tokenized gold across multiple blockchain networks, including:
- Ethereum
- Avalanche
- Hyperliquid
The protocol uses LayerZero to facilitate cross-chain transfers, currently supporting 13 different chains. This infrastructure allows users to interact with gold-backed tokens without being limited to a single blockchain ecosystem.
**Market context**
Tokenized gold represents a growing segment of digital assets, combining traditional store-of-value properties with blockchain-based liquidity and accessibility. The recent price movement in gold markets has translated into increased activity in tokenized versions of the asset.