What backs on-chain gold tokens with real gold?
PAXG holders can redeem their tokens for physical gold bars or U.S. dollars according to the issuer’s rules. Redemption minimums and fees are subject to the issuer’s terms.
Gold tokens are a type of RWA (real-world asset) tokenization. PAXG launched in 2019.
When managing your position, the most important thing to remember is to check who the issuer is, where the gold bars are stored, and how often attestation reports are issued.
$PAXG 4063.29(+0.037%)

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