PAX Gold

PAX Gold (PAXG) is a tokenized gold asset where each token represents one fine troy ounce of a London Good Delivery gold bar stored in professional vaults. It bridges the reliability of physical bullion with the portability of a crypto asset on Ethereum, letting holders gain gold exposure without ever handling a bar themselves. What sets PAXG apart is its direct link to specifically allocated gold held under the custody of Paxos Trust Company. Through a wallet lookup tool, holders can verify the serial number, weight, and physical characteristics of the exact bar backing their tokens. Fractional ownership is fully supported, which dramatically lowers the entry threshold compared with purchasing whole gold bars. PAXG is built for investors who want the stability of gold paired with the speed and flexibility of blockchain-based transfers. On the Paxos platform, tokens can be redeemed for allocated gold, unallocated gold, or fiat currency. Because its price tracks the gold market rather than typical crypto volatility, PAXG won't deliver the wild swings some traders chase — but that steady gold-price anchor is precisely what draws many holders to it.