Gold has emerged as one of many best-performing property of 2025, lifted by geopolitical uncertainty, file central financial institution shopping for and skepticism over policymakers’ capacity to rein in inflation as fiscal deficits widen.
While Bitcoin (BTC) is commonly dubbed “digital gold,” the normal safe-haven asset is drawing renewed consideration from traders. Gold has gained about 35% year-to-date, climbing to recent all-time highs above $3,600 an oz..
US retirement planners have a brand new strategy to entry the metallic by way of blockchain-based tokenization, following a partnership between Chintai Nexus and SensibleGold. The initiative provides momentum to the broader tokenization pattern, which is attracting rising institutional curiosity in digital property.
This week’s Crypto Biz explores gold’s rally, the rise of decentralized finance (DeFi) lending and the newest public providing from a crypto firm.
US IRAs achieve entry to tokenized gold
IRA supplier SensibleGold has partnered with tokenization platform Chintai Nexus to permit traders to convey their vaulted gold onchain, the place it may be used to earn yield by way of DeFi lending platforms similar to Morpho and Kamino.
For these opting in, SensibleGold’s IRA-held bullion is tokenized on a one-to-one foundation through Chintai, making a digital illustration of the underlying bodily gold, whereas preserving the self-directed IRA’s tax-deferred standing.
Gold’s tokenization pattern is accelerating. International Precious Metals Bullion Group not too long ago launched tokenized merchandise throughout its provide chain, whereas Tether’s gold-backed stablecoin, XAUT, has elevated previous $1.3 billion in market worth.
DeFi lending surges on real-world asset increase
Decentralized finance lending is gaining traction amongst establishments, with the speedy rise of stablecoins and real-world property (RWAs) driving recent community exercise.
According to Binance Research, whole worth locked in DeFi lending protocols has climbed 72% thus far this yr, to $127 billion from $53 billion.
“As stablecoin and tokenized asset adoption accelerates, DeFi lending protocols are more and more positioned to facilitate institutional participation,” Binance Research famous in a report.
Tokenized RWAs have emerged as one among crypto’s fastest-growing use circumstances in 2025. Industry knowledge exhibits the market has expanded to almost $28 billion, led by tokenized personal credit score and US Treasury bonds, with tokenized equities additionally gaining floor.
Figure Technology eyes $526 million IPO
Figure Technology Solutions has change into the newest crypto-focused firm to pursue a US preliminary public providing (IPO), aiming to boost as much as $526 million at a valuation of greater than $4 billion.
According to regulatory filings, the corporate plans to promote 21.5 million shares priced between $18 and $20. Figure had beforehand signaled its intention to go public, and if the deal proceeds as anticipated, the IPO might be priced as early as Wednesday.
Figure, greatest recognized for providing monetary merchandise on the Provenance Blockchain, reported $191 million in income in the course of the first half of the yr. While the focused valuation might seem bold, the corporate was valued at $3.2 billion in 2021.
Several crypto corporations have not too long ago gone public or indicated plans to take action. As Cointelegraph reported, crypto change Gemini is pursuing an inventory that might elevate as much as $317 million, whereas separate reviews recommend Kraken is looking for to boost about $500 million.
Gryphon finalizes merger with American Bitcoin
Shareholders of Gryphon Digital Mining have permitted a merger with American Bitcoin, a mining firm linked to the household of US President Donald Trump. The mixed entity will commerce underneath the ticker image “ABTC.”
As a part of the deal, a reverse inventory break up decreased Gryphon’s excellent shares to about 16.6 million from 82.8 million. The transfer follows an preliminary settlement introduced in May, when American Bitcoin outlined its intention to go public by way of a merger with Gryphon.
American Bitcoin itself is a rebrand of American Data Center, launched in March by Trump’s sons, and is affiliated with mining firm Hut 8. At its debut, the corporate described itself as a “pure-play” Bitcoin miner with plans to build up important holdings of the cryptocurrency.
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