Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has made a groundbreaking move by integrating tokenized gold (XAUT) onto the TON (The Open Network) blockchain, as announced on August 29, 2025.
This integration, facilitated through XAUT0, allows users to deposit and withdraw tokenized gold with enhanced speed and lower transaction costs, marking a significant step in merging traditional assets with cutting-edge blockchain technology.
Expanding the Utility of Tokenized Gold
The addition of XAUT on the TON network offers seamless interoperability with one of the fastest-growing blockchain ecosystems, providing Bybit users with more flexibility in managing digital assets.
Tokenized gold, such as XAUT, represents physical gold held in reserve, offering investors a way to gain exposure to the precious metal without the logistical challenges of physical ownership.
Historical Context of Gold in Crypto
Gold has long been a symbol of stability in financial markets, and its tokenization in the crypto space—starting with projects like Tether Gold—has gained traction amid economic uncertainties and inflation concerns.
Bybit’s latest move builds on this trend, following earlier integrations of gold and forex trading on its platform, which hit record highs in trading volume earlier this year due to soaring gold prices.
Impact on Investors and Institutions
This development is poised to attract both retail and institutional investors seeking diversified portfolios by combining the stability of gold with the innovation of blockchain technology.
Moreover, Bybit is offering earn yields up to 100% on XAUT holdings, creating a lucrative opportunity for users to generate passive income from their tokenized gold investments.
Future Prospects for Tokenized Assets
Looking ahead, the integration of XAUT on TON could pave the way for more tokenized real-world assets (RWAs) to enter the crypto space, potentially transforming how traditional investments are accessed and traded.
Industry experts predict that as blockchain networks like TON continue to grow, partnerships with exchanges like Bybit will drive mainstream adoption of tokenized assets.
Bybit’s commitment to expanding the utility of digital assets positions it as a leader in bridging the gap between conventional finance and the Web3 ecosystem.
Alfred Lee
