PAX Gold (PAXG), issued by Paxos Trust Company, NA (Paxos), is a regulated, fully backed tokenized gold product. Each PAXG token represents one fine troy ounce of London Good Delivery gold, held in LBMA-accredited vaults in London on a segregated basis for the benefit of PAXG holders. PAXG offers fractional gold ownership with no custody or storage fees, and is always fully redeemable from Paxos on a one-to-one basis for physical gold. PAXG trades 24/7 on secondary markets and is available on multiple blockchains, making it easy to integrate with the most widely used exchanges, wallets, and dApps.
See the Paxos Developer Guides to buy, sell, or transfer PAXG on the Paxos platform.
Questions? Contact the PAXG Team.