PAX Gold

Pax Gold (PAXG) is a blockchain-based cryptocurrency backed by physical gold, with each token representing one troy ounce of gold securely stored in regulated vaults. Created by Paxos, the project aims to make gold ownership more accessible, transparent, and globally efficient. Built on Ethereum, PAXG is compatible with various wallets and DeFi protocols, enabling its use as collateral, a store of value, and an investment tool. Regulated by the New York State Department of Financial Services and supported by regular third-party audits, PAXG offers a trusted hedge against inflation. While its visibility among retail users is still growing, PAXG stands as a strong example of real-world asset tokenization.