PAX Gold token
Overview
PAX Gold (PAXG) is an ERC-20 token issued by Paxos Trust Company, representing ownership of one fine troy ounce of a London Good Delivery gold bar held in professional vaults. It is a tokenized commodity that aims to combine the liquidity of a digital asset with the stability of physical gold, used for trading, transfers, and as a store of value on the Ethereum blockchain.
Within the DeFi Intel graph, PAX Gold connects to 2 tracked entities, most strongly to Ethereum, Paxos.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
issued_by | Paxos | 95% |
Frequently asked questions
What is PAX Gold?
PAX Gold (PAXG) is an ERC-20 token issued by Paxos Trust Company, representing ownership of one fine troy ounce of a London Good Delivery gold bar held in professional vaults.
What chain does PAX Gold run on?
PAX Gold is deployed on the Ethereum blockchain.
Who issues PAX Gold?
PAX Gold is issued by Paxos Trust Company.