Paxos Gold token
Overview
Paxos Gold (PAXG) is an ERC-20 token on Ethereum that represents ownership of one fine troy ounce of a London Good Delivery gold bar held in custodial vaults. It is issued by Paxos Trust Company, a regulated financial institution. The token allows for fractional ownership and transfer of gold digitally.
Within the DeFi Intel graph, Paxos Gold connects to 4 tracked entities, most strongly to Paxos, NYDFS, Chainlink Labs.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 4 of 4 total).
| Relation | Connected entity | Confidence |
|---|---|---|
issued_by | Paxos | 95% |
regulated_by | NYDFS | 95% |
audited_by | Chainlink Labs | 95% |
deployed_on | Ethereum | 90% |
Frequently asked questions
What is Paxos Gold?
Paxos Gold (PAXG) is an ERC-20 token on Ethereum that represents ownership of one fine troy ounce of a London Good Delivery gold bar held in custodial vaults, issued by Paxos Trust Company.
Who regulates Paxos Gold?
Paxos Gold is regulated by the New York State Department of Financial Services (NYDFS).
What chain is Paxos Gold deployed on?
Paxos Gold is deployed on the Ethereum blockchain.