PAX Gold
by Paxos
What problem does this service solve?
PAX Gold is designed to be a digital asset that is more accessible, redeemable, and flexible.
Company Details
- Paxos
- https://www.paxos.com/paxgold
- Founded 2012
- New York
- Gold Backed Stablecoin
Token Stats
About PAX Gold
PAX Gold is stablecoin backed by gold. Each PAX Gold token is backed by one troy ounce (t oz) of a 400 oz London Good Delivery gold bar that is stored in a physical vault. PAXG holders own the underlying physical gold that is held in custody by the Paxos Trust Company, which is a regulated financial institution. Paxos specializes in providing custody and infrastructure solutions that enable movement between physical and digital assets.
