🎉【Gate Singapore Flagship Event · Square Fun Quiz Challenge Day 1】
#TOKEN2049# is just around the corner, and Gate is bringing the heat to Singapore!
Token of Love Music Festival, Gate x Oracle Red Bull Racing Reception, and the F1 Race Viewing are all set to roll out!
Join Square Fun Quiz Challenge now, test how much you know about the events and share $100 BTC in rewards!
To join: Comment your answers (format: 1B 2A 3B 4C)
🎁 Rewards: 3 lucky winners each day → $10 BTC each
👑 Bonus: Answer all questions correctly for 3 days → Extra $10 BTC for Super Quiz King!
📖 Day 1 · Quiz (Single Choic
The tokenization of the gold market has surpassed $2.5 billion, with two major projects leading the rise.
On September 4th, the crazy rise in gold prices pushed the tokenization gold market size to surpass 2.5 billion USD. Tokenization gold allows investors to gain exposure to physical gold without the need to purchase, transport, and store the physical asset.
Currently, the tokenization gold market is mainly dominated by two major projects. In August alone, one project issued approximately $437 million, while the other project attracted about $141.5 million in June.
As of now, a project's total market capitalization has reached $985 million, ranking first, followed by another project with a market capitalization of approximately $859 million. This trend not only highlights the wave of asset tokenization but also means that in the future, when discussing the gold market (and other precious metals or assets), it will be increasingly necessary to consider the performance of its tokenized corresponding market.