Institutions: As the World Gold Council promotes market standardization, tokenized gold is expected to grow further.
2026-04-28 11:17:59
In terms of the core logic of industry development, the gold market does not suffer from insufficient demand. The real key factor limiting the large-scale development of tokenized gold lies in the industry's long-standing structural flaws and operational inefficiencies. Hemek stated that the market demand for gold has remained stable, and the core issue hindering industry development lies in the imperfect market structure.
While growth figures are impressive, industry pain points remain prominent.
Industry statistics show that gold tokens built on blockchain technology are developing at a much faster pace than traditional physical gold, growing at 2.6 times the rate. In the first quarter of this year, the global market capitalization of tokenized gold successfully exceeded $5 billion, demonstrating a remarkable rate of expansion.

Despite significant industry growth, various development challenges remain unresolved. Hemek stated that the tokenized gold market is currently highly fragmented, with different products exhibiting varying standards in asset custody models, legal compliance frameworks, and physical redemption rules. This lack of unified industry norms continuously lowers market credibility and asset liquidity, hindering the formation of a systematic and integrated mature asset class for digital gold. Furthermore, the underlying architecture and operational quality of different digital gold products also exhibit significant differences.
Market demand is stable, and institutional investors have a strong willingness to invest.
Riding the wave of digitalization of physical assets, market attention on digital gold continues to rise. Since relevant companies restarted their gold token businesses, the global market's acceptance of digital products of real assets has increased significantly, and gold has consistently maintained its core position in this sector. Even with periodic market fluctuations, capital's enthusiasm for allocating to digital gold has not diminished.
Hemek stated that institutional investors generally remain optimistic and are actively entering the digital gold market. He added that despite the strong institutional interest, significant questions and concerns remain regarding key aspects such as asset custody, token issuance, physical redemption, and territorial regulatory boundaries.
Unified industry reforms implemented, solving core development challenges
To resolve existing industry conflicts, the World Gold Council has launched a "Gold as a Service" development model, which connects the physical and digital gold ecosystems by building shared public infrastructure. This system will unify core rules for custody management, token issuance, account reconciliation, and physical redemption, helping issuing institutions access common systems and reducing redundant construction costs.
This standardized system streamlines the industry's underlying operational logic, connects physical gold custody with the full lifecycle management of digital assets, effectively reduces operational complexity, and enhances asset security and cross-scenario interoperability. Its core value lies in breaking down the circulation barriers of various gold tokens, achieving equivalent asset exchange, emulating the standardized trading model of physical gold, and eliminating reliance on the credit of a single issuer.
Standardization empowers upgrades and opens up a long-term development pattern
Unified industry standards and shared infrastructure can comprehensively enhance the liquidity and practical value of tokenized gold, promoting the implementation of diverse functions such as cross-platform asset transfer, collateralized financing, and integration into financial products. The World Gold Council has clearly stated that standardization will change the fragmented state of digital gold, integrating it into the modern financial system and making it a standardized and high-quality asset class.
For leading gold companies, standardization eliminates the need to rebuild basic systems, allowing them to focus more on industry expansion and business model innovation. Unified circulation rules can improve the market ecosystem, continuously expand the industry's size, foster more innovative financial applications, and lay a solid foundation for the long-term, stable development of tokenized gold.
Summarize
In summary, tokenized gold has a solid foundation for growth and stable long-term demand. Although it is constrained in the short term by issues such as market fragmentation and inconsistent regulations, these pain points will gradually be resolved as the World Gold Council's standardization reforms progress. With the dual support of continuous institutional investment and the ongoing improvement of the regulatory system, tokenized gold will usher in a new cycle of standardized and large-scale development.
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