Tokenized commodities reached $5.55 billion at end-March as Paxos and Theo pitch lending
Gold-backed tokens from Paxos and Tether accounted for almost 90% of that growth, and the executives describe financing metals and inventory as the next markets.
CFTC issues interim swap definition and proposes folding event contracts into swaps
The interim final rule becomes policy immediately and stays open to public input, while an event-contracts proposal carries a 30-day comment period amid state litigation over sports betting.