PAXG

PAX Gold (PAXG) is a digital asset designed to provide investors with a way to own physical gold through the blockchain. Each PAXG token is backed by one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities. By tokenizing physical gold, PAXG bridges the gap between traditional precious metals markets and the efficiency of digital asset trading, allowing for fractional ownership and near-instant settlement without the logistical burdens of physical storage, insurance, or transportation.