Let’s talk about gold tokens:
Gold tokens are a type of RWA (real-world asset) tokenization. PAXG launched in 2019.
Gold token prices track the price of gold because they can be redeemed according to set rules: when the price deviates too far from gold, arbitrageurs bring it back in line.
$PAXG 3999.16(-0.32%)
Just my personal opinion, not a basis for trading.
Gold tokens are a type of RWA (real-world asset) tokenization. PAXG launched in 2019.
Gold token prices track the price of gold because they can be redeemed according to set rules: when the price deviates too far from gold, arbitrageurs bring it back in line.
$PAXG 3999.16(-0.32%)
Just my personal opinion, not a basis for trading.