Paxos Gold (PAXG)

PAX Gold (PAXG) is a token that is pegged to the price of one find troy ounce (t oz) of a 400 oz London Good Delivery gold bar, stored in Brink’s vaults. Users of PAXG own the underlying physical gold represented by the token and have the ability to redeem their token for the underlying should they choose. Users can track gold holdings by serial number along with other storage details by using the Paxos Lookup tool.