Paxos Gold
Pax Gold (PAXG) is physical gold on the blockchain: each token backed 1:1 by LBMA gold in London vaults, fully redeemable and transferable with zero storage fees.
Total Value lock 
$0
Tokens issued
-Blockchains
1Exchanges
-Partners
-Licenses
2Founded
2019Total Value Locked by Chains
| # | Chain name | % | Distribution |
|---|---|---|---|
 Not found Sorry, there are no related tokens. | |||
Licenses & Compliance
Platform Profile
Type
RWA Tokenization PlatformWebsite
https://paxos.com/pa...
Issuer
Paxos Trust Company, N.A.Address
Paxos Trust Company, N.A., New York, United StatesDocumentation
https://help.paxos.c...Jurisdiction
United StatesAPI available
trueStatus
RegulatedAbout Paxos GoldPax Gold (PAXG) is an asset-backed token where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities. Anyone who owns PAXG has ownership rights to that gold under the custody of Paxos Trust Company. Since PAXG represents physical gold, its value is tied directly to the real-time market value of that physical gold. PAXG gives customers the benefits of actual physical ownership of specific gold bars with the speed and mobility of a digital asset. Customers are able to have fractional ownership of physical bars. On the Paxos platform, customers can convert their tokens to allocated gold, unallocated gold, or fiat currency (and vice versa) quickly and efficiently, reducing their exposure to settlement risk. PAXG is also available for trading on major exchanges, wallets, lending platforms and elsewhere within the crypto ecosystem. At any time, PAXG holders can lookup the serial number, value and physical characteristics of their vaulted gold just by entering their Ethereum wallet address.