Bitfinex report: Tokenized commodities market capitalization surpasses $7 billion, stablecoin infrastructure upgrades accelerate.

A report released by Bitfinex points out that tokenized commodities are moving from early experiments to practical applications, becoming a significant manifestation of the reconstruction of real-world assets (RWAs) on the blockchain. Its core is not creating new demand, but rather reshaping existing market infrastructure. Data shows that the total market capitalization of tokenized commodities has reached approximately $7 billion, growing by nearly 600% since the beginning of 2025. Current major participants include crypto-native investors and high-net-worth individuals. Against the backdrop of escalating geopolitical volatility, tokenization is improving asset liquidity and risk management flexibility. Gold remains the primary entry point, with Tether Gold holding nearly 40% market share. The report points out that on-chain gold possesses characteristics such as real-time transfer and global auditability, making it more suitable as collateral than physical gold, and can overcome traditional transaction time and settlement limitations. In addition to gold, tokenized commodities have expanded to oil, natural gas, and agricultural products, with soybeans and soybean oil each valued at approximately $400 million, and green finance-related exposure reaching approximately $850 million, demonstrating the potential for cross-category expansion. Meanwhile, blockchain's traceability enhances supply chain transparency and meets regulatory and ESG requirements. Bitfinex believes that future tokenization will shift its focus from precious metals to industrial commodities such as copper and oil, achieving a transformation from "product innovation" to "market infrastructure upgrades" by improving collateral efficiency, asset turnover speed, and transparency.