#PAXG What is it?
PAXG is a gold-backed cryptocurrency. Each 1 PAXG represents exactly 1 troy ounce (31.1 grams) of physical gold. The gold is stored in professional vaults and managed by Paxos. Main Advantages: Backed 1:1 by real gold, transparent and regularly audited.
No storage issues like physical gold, can be traded 24/7.
Fractional purchases are possible, you can convert the token to real gold.
Reliable under NYDFS regulation.
Current (December 22, 2025):
Price is around ~4,350-4,450 USD (parallel to gold price). Market value is approximately ~1.5 billion USD. In short: The digital version of gold – ideal for a safe haven!
