pax-gold PAX Gold (PAXG)

-0.27% (24H)
Market CapVolumeAvailable Supply
$281.72 M$8.36 M158,246 PAXG

PAX Gold current price is $1,779.00 with a marketcap of $281.72 M. Its price is -0.27% down in last 24 hours.

PAX Gold (PAXG) is an asset-backed token where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities. Anyone who owns PAXG has ownership rights to that gold under the custody of Paxos Trust Company. Since PAXG represents physical gold, its value is tied directly to the real-time market value of that physical gold. PAXG gives customers the benefits of actual physical ownership of specific gold bars with the speed and mobility of a digital asset. Customers are able to have fractional ownership of physical bars. On the Paxos platform, customers can convert their tokens to allocated gold, unallocated gold, or fiat currency (and vice versa) quickly and efficiently, reducing their exposure to settlement risk. PAXG is also available for trading on Paxos’ itBit exchange. PAXG will also be available on other crypto-asset exchanges, wallets, lending platforms and elsewhere within the crypto ecosystem. At any time, PAXG holders can lookup the serial number, value and physical characteristics of their vaulted gold just by entering their Ethereum wallet address on the PAXG lookup tool on
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10 PAX Gold (PAXG)

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Forbes noted in 2021 Fintech 50 list that Paxos CEO Charles Cascarilla has “quietly built a blockchain infrastructure firm valued at $2.4 billion that serves as the backbone for PayPal, Venmo and Revolut’s crypto services.”

Paxos CEO Charles Cascarilla isn't concerned about the #bitcoin price change: "Nothing goes up in a straight line. You can't have a transformative technology immediately shift to an end state. It happens in stages." Watch more on @SquawkCNBC.

[email protected] is a private, permissioned #blockchain solution allowing two parties to bilaterally settle securities trades with each other. CEO @G_Wedbush, said "Paxos is way out in front in the evolution, and we are thrilled to be on board with this exciting new platform.”

Hear from @GeorgiaQuinnEsq @Anchorage, Dan Burstein @PaxosGlobal, Tom Nath @BitOoda_Crypto and Victoria Guida (@vtg2) @POLITICO during the "Digital Asset Market Structure: Custody, Trading and Beyond" panel at our #SAL2021 Conference.


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