PAXG token
Overview
PAXG (PAX Gold) is an ERC-20 token on the Ethereum blockchain, each representing one fine troy ounce of a 400 oz London Good Delivery gold bar. It is issued by Paxos Trust Company, a regulated financial institution, and is backed by physical gold stored in professional vaults. The token provides a way to hold and transfer gold ownership on-chain.
Within the DeFi Intel graph, PAXG connects to 5 tracked entities, most strongly to Paxos, Paxos Gold, Ethereum.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 5 of 5 total).
| Relation | Connected entity | Confidence |
|---|---|---|
issued_by | Paxos | 95% |
supports_token | Paxos Gold | 95% |
deployed_on | Ethereum | 90% |
attests_for | Withum Smith+Brown | 90% |
backed_by | Physical Gold | 90% |
Frequently asked questions
What is PAXG?
PAXG (PAX Gold) is an ERC-20 token on the Ethereum blockchain, each representing one fine troy ounce of a 400 oz London Good Delivery gold bar, backed by physical gold stored in professional vaults.
Who issues PAXG?
PAXG is issued by Paxos Trust Company, a regulated financial institution.
What backs PAXG?
PAXG is backed by physical gold, and its attestation is provided by Withum Smith+Brown.