Tokenized commodities look beyond gold as lending and oil open new markets
Source: CoinDesk ·
From the source
Paxos Labs, Theo and Energy Substantiation execs see growth coming from putting physical assets to work, with precious metals leading and energy presenting a tougher test. Tokenized commodities could grow from a market dominated by gold into a broader system for financing metals, trading energy and borrowing against physical assets, according to executives at Paxos Labs, Theo and Energy Substantiation. Putting commodities on blockchain networks should do more than make them easier to buy, the executives say. It could connect investors seeking exposure and income with businesses that need inventory financing, opening markets traditionally reserved for large institutions. The starting point remains modest. Tokenized commodities’ market capitalization reached $5.55 billion at the end of March 2026, up from $1.43 billion at the beginning of 2025, according to CoinGecko. Gold-backed tokens from Paxos and Tether accounted for almost 90% of that growth. Tokenized commodities are…