Shigehiro Irie won the gold and the trophy.
On March 12, Westside Xtreme Wrestling (wXw) held the third night of the 16 Carat Gold Tournament 2023. In the finals, Shigehiro Irie defeated Axel Tischer to win the trophy and the wXw Unified World Wrestling Championship.
The results, courtesy of Cagematch, are as follows:
- 16 Carat Gold Tournament 2023 Semi Final Match: Shigehiro Irie def. Ahura
- 16 Carat Gold Tournament 2023 Semi Final Match: Axel Tischer def. Peter Tihanyi
- Amboss (Dover, Icarus & Robert Dreissker) def. Anil Marik, Massimo Pesca & Nick Schreier
- Elijah Blum def. Adam Priest
- wXw Unified World Wrestling Title #1 Contendership Four Way Match: Mike D defeats Francesco Akira and Levaniel and Tristan Archer
- Only Friends (Bobby Gunns & Michael Knight) defeat Davey Richards & Masha Slamovich
- Frenchadors (Aigle Blanc & Senza Volto) & Komander defeat Arez, Fuminori Abe & Trey Miguel
- wXw Unified World Wrestling Title/16 Carat Gold Tournament 2023 Finals: Shigehiro Irie defeats Axel Tischer to win the title.
Jonathan Gresham won the tournament in 2022, while Cara Noir emerged victorious in 2021. Previous winners include Lucky Kid, Absolute Andy, Zach Sabre Jr., Tommy End (Malakai Black), Ilja Dragunov, Chris Hero, El Generico (Sami Zayn), Walter, Sami Callihan, and Shingo Takagi.