隨著傳統黃金市場的升溫，加密貨幣投資者也效仿了貴金屬的令牌版本

諸如Paxos Gold（Paxg）和Tether Gold（XAUT）等金牌的加密貨幣分別增加了24.15％和23.7％，年齡在$ 3300 $ 3300以上的新歷史高峰

Crypto investors are flocking to tokenized versions of gold as traditional gold markets heat up, seeking both price exposure and digital flexibility.

加密投資者正在湧向代幣的黃金版本，因為傳統的黃金市場升溫，尋求價格敞口和數字靈活性。

Gold-backed cryptocurrencies like Paxos Gold (PAXG) and Tether Gold (XAUT) have risen 24.15% and 23.7% respectively year-to-date to new all-time highs above $3,300, roughly matching the performance of spot gold. Their prices have since receded slightly to $3,265 and $3,244, respectively.

諸如Paxos Gold（Paxg）和Tether Gold（XAUT）等黃金支持的加密貨幣分別上升了24.15％和23.7％，年齡在3,300美元以上的新歷史最高高點，大致與現貨黃金的性能相匹配。此後，他們的價格略有下降至3,265美元和3,244美元。

While gold-backed cryptocurrencies surged so far this year, the wider cryptocurrency market has been in a downtrend. Bitcoin (BTC) has lost more than 11% of its value so far this year, while the wider crypto market has fallen by a little over 30%, based on the CoinDesk 20 (CD20) index.

儘管今年到目前為止，金牌支持的加密貨幣飆升，但更廣泛的加密貨幣市場一直處於下降趨勢。基於Coindesk 20（CD20）指數，比特幣（BTC）今年迄今已損失了其價值的11％以上，而更廣泛的加密貨幣市場下跌了30％以上。

The tokens, which are backed by physical gold and track its price, experienced a surge in value as investors sought refuge from the uncertainty induced by the escalating U.S.-China trade war.

以實物黃金的支持並追踪其價格的代幣，由於投資者尋求避難所避難的避難所的不確定性，因此美國 - 中國貿易戰爭的不確定性越來越大。

The move echoes a broader return to gold as a safe-haven asset. Inflows into gold ETFs hit 226.5 tonnes in the first quarter of 2025, the highest level since early 2022, according to data from the World Gold Council. Nearly 60% of that demand came from North America.

作為避風港資產，此舉迴盪了更廣泛的黃金回歸。根據世界黃金委員會的數據，在2025年第一季度，黃金ETF的流入達到226.5噸，這是自2022年初以來的最高水平。近60％的需求來自北美。

Similarly, gold-backed cryptocurrencies saw net token minting of over $42.7 million in the first quarter of the year, according to data from RWA.xyz, helping along with gold’s price appreciation raise their total market capitalization near $1.4 billion.

同樣，根據rwa.xyz的數據，一年中第一季度的金牌加密貨幣在一年中的淨造幣銷售額超過4270萬美元，並幫助黃金的價格升值提高了其總市值接近14億美元。