Market Data
About PAX Gold
PAX Gold (PAXG) is an asset-backed ERC-20 token where each token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities. Issued by Paxos Trust Company, PAXG provides holders with ownership rights to physical gold with the liquidity and speed of a digital asset. It is the only gold token redeemable for LBMA-accredited Good Delivery gold bullion bars. Its value is tied directly to the real-time market value of physical gold, allowing for fractional ownership and efficient trading within the crypto ecosystem.
Recent PAX Gold news
See all →THE BLOCK: Cosmos-based Gravity Bridge drained of $5.4 million in suspected key compromise, researchers say
DECRYPT: Paxos Secures SEC Registration as Clearing Agency
THE BLOCK: 'First and only': Paxos secures SEC registration as clearing and settlement agency
COINTELEGRAPH: SEC approves Paxos as 'blockchain-native' clearing agency
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