PAX GoldPAXG#42

PAXG is an asset-backed token that represents one fine troy ounce of London Good Delivery gold stored in professional vault facilities. When you hold PAXG, you own direct custody rights to physical gold managed by Paxos Trust Company. The token's value moves in real-time with the spot price of gold, so you get exposure to physical gold without the logistics of storing bars yourself. The main benefit here is flexibility. You can hold fractional amounts of actual gold bars, convert your tokens to allocated or unallocated gold, or swap back to fiat currency directly on the Paxos platform. This reduces settlement friction and gives you the speed of a digital asset paired with tangible physical ownership. You're not trading promises — you're trading gold that sits in vaults. On X4T, trade PAXG without KYC requirements. Access the gold market with the same ease you'd use for any other token, but with the underlying security of physical metal backing every unit you hold.