Wintermute Launches Institutional OTC Trading for Tokenized Gold
- Market Entry: On February 16, Wintermute launched its institutional OTC trading service for Pax Gold and Tether Gold, the two largest gold-backed tokens by market value, marking its entry into the digital commodities space to meet institutional demand for transparent and stable assets.
- Trading Flexibility: The new service allows professional investors to gain exposure to physical gold through blockchain products while maintaining crypto-style settlement and liquidity, enabling clients to settle trades in their preferred manner and reducing settlement risk.
- Market Growth: By mid-February 2026, the total value of tokenized gold surged to approximately $5.4 billion, an 80% increase in just three months, with projections suggesting the market could reach $15 billion by the end of 2026, nearly tripling its current size.
- Volume Increase: In Q4 2025, trading volumes for tokenized gold products exceeded $126 billion, surpassing several major gold ETFs, with 24-hour trading and transparent pricing being key growth drivers, as tokenized gold remains popular among investors despite recent downturns in the crypto market.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for PAXG
Technical Sentiment Analysis for PAX Gold (PAXG). As of , PAX Gold (PAXG) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 3 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for PAXG stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, PAXG is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
PAX Gold (PAXG) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 4577.545 | 4847.073 | 5060.945 | 5330.473 | 5544.345 | 5813.873 | 6027.745 |
| Fibonacci | 4847.073 | 5031.731 | 5145.814 | 5330.473 | 5515.131 | 5629.214 | 5813.873 |
About PAXG
About the author
