Tokenized commodities market expands from gold and silver to oil

The tokenized commodities market, long centered on gold, is expanding into silver and oil, CoinDesk reported. According to CoinGecko, the sector’s market capitalization rose from $1.43 billion at the start of 2025 to $5.55 billion at the end of March 2026. About 90% of that increase came from gold-backed tokens issued by Paxos and Tether. Iggy Ippolito, chief investment officer at Theia, projected the tokenized commodities market could reach tens of billions of dollars within five years and exceed $100 billion within 10 years. Still, physical asset custody and transportation were cited as challenges to broader market growth.

Source: Coinness