The gold token market has grown to $3.9 billion, with industry figure CZ describing it as a “trust me bro” asset. This development highlights the increasing interest and investment in digital gold-backed tokens. CZ’s comment reflects a dynamic in the market where trust in such assets is questioned by some investors. The term “trust me bro” suggests skepticism regarding the value and security of these tokens, raising concerns among potential buyers. Investors are weighing the risks and benefits as they navigate a space characterized by rapid change and uncertainty.
