[Wintermute Launches Institutional-Grade Tokenized Gold Trading, Market Size Expected to Reach $15 Billion by 2026] According to Deep Tide TechFlow on February 17, as reported by The Block, cryptocurrency market maker Wintermute has launched an over-the-counter tokenized gold trading service aimed at institutional investors. The service currently supports the two largest market cap gold-backed tokens, Pax Gold (PAXG) and Tether Gold (XAUT). Wintermute will provide algorithm-optimized spot trading for institutional counterparties seeking gold exposure through blockchain settlement. The company's CEO, Evgeny Gaevoy, stated that the tokenized gold market size is expected to reach $15 billion by 2026.