Gold has been on a tear lately—six straight months climbing with momentum still going strong. But here's the thing: despite its massive market size, physical gold sits mostly idle, much like Bitcoin in its early days. Huge value locked up, minimal movement.

That's where tokenization enters the picture. Products like PAXG and emerging solutions such as thGLD aim to crack this puzzle—bringing real-world assets onto the blockchain to unlock liquidity and accessibility. By converting physical gold into on-chain representations, these protocols enable fractional ownership, faster settlement, and integration with the broader DeFi ecosystem. It's essentially turning a dormant asset class into something that can actually move and work harder within digital markets.