PAX Gold (PAXG) is a digital asset where each token is backed by one fine troy ounce of a London Good Delivery gold bar, stored in Brink’s vaults. Paxos Trust Company, a New York State-regulated trust, issues PAXG under the oversight of the NYDFS.
Each token = 1 oz London Good Delivery gold. Regulated by NYDFS.
PAX Gold (PAXG) is a digital asset where each token is backed by one fine troy ounce of a London Good Delivery gold bar, stored in Brink’s vaults. Paxos Trust Company, a New York State-regulated trust, issues PAXG under the oversight of the NYDFS.
| Underlying Asset | London Good Delivery Gold Bars (LBMA accredited) |
| Asset Class | Commodities |
| Tokenization Type | Native Token |
| Pegged Asset | Gold (XAU) (1 troy ounce) |
| Total Supply | 205.0K |
| Circulating Supply | 205.0K |
| 24h Volume | $18.00M |
| Networks | |
| Token Standard | ERC-20 |
| Transferability | Permissionless |
| Redemption | Redeem for physical gold (min 430 oz) or instant fiat. T+1 settlement. |
| Ethereum | 0x45804880de22913dafe09f4980848ECe6EcbAf78 |