Pax Gold

About Pax Gold

PAX Gold (PAXG) is a digital asset backed by physical gold, where each token represents one fine troy ounce of a London Good Delivery gold bar held in secure professional vaults. Issued by Paxos Trust Company, PAXG gives holders verifiable ownership rights to specific gold bars, with the ability to look up serial numbers and physical details on-chain. Tokens can be redeemed for allocated gold, unallocated gold, or fiat currency. Built on Ethereum, PAXG combines the stability of physical gold with the liquidity and transferability of a blockchain-based asset.