Wintermute Launches Institutional Tokenized Gold Trading Desk
Wintermute, a leading crypto trading firm, has launched an institutional-grade OTC desk for tokenized gold assets, signaling growing institutional interest in real-world asset (RWA) tokenization. The platform supports confidential block trades for gold-pegged tokens like PAXG and XAUT, settling on-chain with USDT, USDC, fiat, or major cryptocurrencies.
The MOVE capitalizes on the $20 billion RWA market, where gold alone accounts for nearly $6 billion. Over 1.2 million ounces of physical gold now back these digital tokens, demonstrating accelerating adoption of blockchain-based commodity trading.
By offering 24/7 trading with reduced slippage, Wintermute's solution addresses liquidity fragmentation across exchanges—a key hurdle for hedge funds and corporates seeking efficient precious metal exposure.