Major Crypto Players Allocate $18.94 Million to Gold-Backed Digital Assets

TrustlessMaximalist · 2026-02-14T07:03:14+00:00

Three major cryptocurrency investors invested $18.94 million in gold-pegged tokens as gold prices surpassed $5,000 per ounce, indicating a trend of transitioning to tokenized precious metals for wealth preservation amid strong market conditions.

TrustlessMaximalist

2026-02-14 07:03:14

Abstract generation in progress

In a significant move reflecting growing institutional interest in precious metal-linked investments, three prominent cryptocurrency investors have channeled a combined $18.94 million into gold-pegged tokens. The move coincided with gold spot prices breaking through the $5,000 per ounce threshold, signaling strong market momentum for alternative asset hedges.

According to blockchain analytics from NS3.AI, the capital deployment involved strategic conversions of major stablecoins and wrapped cryptocurrencies. The investors exchanged holdings of USDC, WBTC, and USDT alongside stETH positions to accumulate XAUT and PAXG tokens—two of the most widely recognized gold-backed digital assets in the crypto market.

This $18.94 million allocation underscores a notable trend: as traditional commodities strengthen, cryptocurrency investors are increasingly exploring tokenized precious metals as a bridge between digital finance and tangible asset security. The convergence of record-high gold prices and substantial capital flows into gold-pegged tokens suggests these instruments are gaining traction as credible alternatives for wealth preservation within the blockchain ecosystem.

USDC-0.01%

WBTC0.84%

STETH1.33%

XAUT-0.39%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.