How do gold tokens track the price of gold instead of following the crypto market?
Gold tokens are a type of RWA (real-world asset) tokenization. PAXG launched in 2019.
Here’s the key point: gold token prices generally move with the price of gold, and gold prices can fluctuate significantly. Don’t mistake gold tokens for stablecoins.
$PAXG Each token represents 1 troy ounce of physical gold held in a London vault.
Every potential return comes with risk. First, consider how much you could lose in the worst-case scenario.
Gold tokens are a type of RWA (real-world asset) tokenization. PAXG launched in 2019.
Here’s the key point: gold token prices generally move with the price of gold, and gold prices can fluctuate significantly. Don’t mistake gold tokens for stablecoins.
$PAXG Each token represents 1 troy ounce of physical gold held in a London vault.
Every potential return comes with risk. First, consider how much you could lose in the worst-case scenario.