Solana’s Gold Rush: Vaulted, Tokenized, and Overpriced!

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Finance

What to know: 🧾

  • Marketnode and Lion Global Investors, those paragons of financial innovation, have brought forth the LionGlobal Singapore Physical Gold Fund onchain on Solana. A marvel of modern alchemy, where gold is not just mined but tokenized! 🏦💰
  • The fund offers exposure to physical gold bars vaulted and insured in Singapore-because nothing says “trust” like a vault in a city that’s basically a giant ATM. 🇸🇬✨
  • The tokenized gold market is growing, with a market cap over $4.1 billion. A figure so large, it could buy a small country… or at least a few more crypto bros. 🧾💸

Marketnode and Singapore-based asset manager Lion Global Investors are bringing the latter’s Singapore Physical Gold Fund onchain on Solana, offering exposure to gold bars fully vaulted and insured in Singapore. A tale of modern treasure, where even the gold needs a digital passport. 📄🔐

The fund lets investors subscribe to and redeem units onchain through Marketnode’s distribution network while keeping traditional custody, full insurance on allocated bars, and an option for in-kind redemption. Because why trust a blockchain when you can have both? 🤷‍♂️

LionGlobal’s Enhanced Liquidity funds in SGD and USD will also be available through the same platform. Because why stop at gold when you can tokenize everything? 🧾💸

Tokenized gold’s market capitalization has now topped the $4.1 billion mark according to CoinGecko. A number so large, it’s practically a miracle! 🙏

Earlier this week, Bhutan unveiled TER, a sovereign-backed gold token on Solana tied to state reserves, following soon after Kyrgyzstan introduced USDKG, a gold-backed stablecoin pegged to the U.S. dollar. Because nothing says “economic stability” like a gold token from a country that’s basically a footnote in the global ledger. 🇧🇹🇰🇬

Rising gold prices, which hit a record $4,400 an ounce in October before correcting to $4,200, and clearer rules such as the U.S. GENIUS Act have provided a tailwind to the tokenized gold market, which is dominated Tether’s XAUT and Paxos’ PAXG. Because nothing says “regulation” like a law named after a genius (or a typo). 🧠

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2025-12-11 16:00