PAX Gold

PAX Gold (PAXG) is a cryptocurrency backed by physical gold, developed by the company Paxos. Each PAXG token represents ownership of an ounce of fine gold stored in secure vaults in London. This ERC-20 token gives investors easy access to physical gold while benefiting from the flexibility and speed of blockchain-based transactions. PAX Gold is part of the tokenised asset sector, offering an innovative solution for investing in gold in a transparent, secure and regulated way.