
Paxos Gold
PAXG offers investors a cost-effective way to own investment-grade physical gold with all the benefits of the blockchain. Each Pax Gold (PAXG) token is backed by one fine troy ounce of gold, stored in LBMA vaults in London. If you own PAXG, you own the underlying physical gold, h
## Overview Paxos Gold (PAXG) is an ERC-20 token issued on the Ethereum blockchain that represents fractional ownership of physical, investment-grade gold. Each PAXG token corresponds to exactly one fine troy ounce of gold stored in LBMA (London Bullion Market Association) certified vaults located in London. The token exists to bridge traditional commodity ownership with blockchain technology, allowing investors to hold gold without managing physical storage, insurance, or logistics while maintaining the certainty that actual gold backing exists. The product addresses a specific market gap: tr
