TechFlow News, February 17: According to The Block, cryptocurrency market maker Wintermute has launched an over-the-counter (OTC) tokenized gold trading service for institutional investors, currently supporting Pax Gold (PAXG) and Tether Gold (XAUT)—the two largest gold-backed tokens by market capitalization.
Wintermute will provide algorithmically optimized spot trading for institutional counterparties seeking gold exposure via blockchain settlement. Evgeny Gaevoy, the company’s CEO, stated that the tokenized gold market is expected to reach $15 billion by 2026.




