Tokenized Assets Lead Crypto Growth Despite Market Declines

CryptoRank's latest report reveals that tokenized assets are the only growing sector in crypto, expanding by 267% over the past year. This growth is primarily driven by new issuances rather than rising prices.

The increase in tokenized gold holdings from 524,000 ounces to over 1 million ounces more than offsets a 20% rise in gold prices. Tokenized equities and ETFs have also made significant gains, accounting for 23% of the sector after starting from zero just 12 months ago.

The report notes that the growth in tokenized assets comes mainly from new issuances, with gold tokens and equity tokens making up nearly all of the expansion. This trend is expected to continue, as tokenized assets remain the most-listed category on centralized exchanges, with a pipeline suggesting further issuance ahead.