PAXG up 74% this year: A new option for tokenized physical gold

robot
Abstract generation in progress

【Crypto World】The gold stablecoin PAXG has performed remarkably this year, with a gain of 74%, fully tracking the price trend of physical gold. Each PAXG token is pegged to one ounce of real gold stored in a London vault, fully custodized by Paxos Trust Company, which means you hold a genuine gold exposure.

Currently, PAXG’s market capitalization has surpassed $1.6 billion. For investors, this opens a new door—no longer limited to traditional gold ETFs, but allowing direct ownership of gold-backed digital assets via blockchain. Trading is more flexible, settlement is faster, and the entire process is completely transparent and auditable. For portfolios focused on gold preservation, PAXG offers a more Web3-oriented path.

PAXG0,29%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
ImpermanentPhobiavip
· 13h ago
The thing about gold going on the blockchain feels like traditional finance and the crypto world are compromising with each other.
View OriginalReply0
GasFeeCryBabyvip
· 13h ago
A 74% surge is outrageous. Is it really reliable to put this gold on the blockchain?
View OriginalReply0
NewPumpamentalsvip
· 13h ago
Putting gold on the blockchain is truly awesome. It's much more flexible than traditional gold bars, with a 74% increase in value—absolutely incredible.
View OriginalReply0
rekt_but_not_brokevip
· 13h ago
Putting gold on the blockchain is indeed attractive, but it depends on who is manipulating the market behind the scenes.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)