The digital gold market has expanded to approximately $55 billion, a 2.5 to 3-fold increase since early 2025, representing about 8% of global gold ETF holdings, the World Gold Council (WGC) stated on Monday. The WGC projects the market size could reach $170 billion by 2031, driven by the proliferation of tokenized investment products. A Boston Consulting Group report indicates that cumulative spot trading volume for tokenized gold surpassed $90 billion in Q1 2026, exceeding the total for all of 2025. Among these, Tether's tokenized gold product, Tether Gold, has seen its market capitalization rise to $3.3 billion.