Bybit has added tokenized gold (XAUT) to the TON blockchain, allowing deposits and withdrawals via XAUT0. The integration promises faster and lower-cost transactions, giving traders, investors, and institutions more ways to manage digital gold.
Faster, Cheaper, and Flexible Transactions
According to the exchange, the TON network integration reduces fees and accelerates settlements for XAUT users. “By enabling this new channel for deposits and withdrawals, Bybit is expanding the utility of tokenized gold (XAUT) and offering traders, investors, and institutions more flexibility in how they engage with digital assets,” the exchange explained.
The addition aims to also support interoperability with the TON ecosystem, one of the fastest-growing blockchains in the market. To coincide with the launch, Bybit is running a limited-time Earn campaign through September 26, 2025.
New users reportedly depositing at least 0.02 XAUT qualify for exclusive staking rates. Existing users who deposit 0.04 XAUT or more are also eligible, while VIP users receive enhanced rewards and higher staking caps. Rewards are distributed on a first-come, first-served basis, highlighting the opportunity’s scarcity.
The campaign underscores Bybit’s push to make digital assets more accessible and rewarding. By merging tokenized gold with TON’sblockchain infrastructure, the exchange offers users a chance to earn yields while exploring new opportunities in its growing product suite.
Rising Interest in Tokenized Gold
The concept of tokenized gold is on the rise, with Finvasia backing UGold’s issuer as the asset’s market capitalization reaches $11.5 billion, FinanceMagnates.com reported. Last month, Finvasia confirmed that it will integrate UGold across several of its regulated entities and support the token with infrastructure and introductions.
Read more: Finvasia Backs UGold’s Issuer as Market Cap of the Token Hits $11.5 Billion
Distribution will take place through the group’s network spanning Europe, the United Arab Emirates, South Africa, the United Kingdom, and Australia. Last month, after several months of passive support, Finvasia took a stake in Genius Digital Partners, the developer of UGold.
UGold has reportedly experienced sharp growth, with its market capitalization nearly doubling from $6 billion two and a half years ago to $11.5 billion today. Daily trading volumes have also surpassed $100 million, underscoring the increasing demand for tokenized gold as a digital investment vehicle.
This article was written by Jared Kirui at www.financemagnates.com.
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments