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Paxos

Paxos

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Digital gold token backed by physical gold.

ethereumStablecoin IssuerCeFiCustody

About

PAX Gold (PAXG) is a digital token that represents ownership of physical gold bars stored in professional vaults. Each token is backed by one fine troy ounce of London Good Delivery gold, giving holders direct exposure to the real-time market value of gold with the speed and mobility of a blockchain asset. It enables fractional ownership and easy conversion between tokenized gold, allocated gold, unallocated gold, or fiat currency.

PAXG/USDT

No chart data available

Founded
2013 · 13y

History

2024
Oct 9, 2024partnershipmajor

Stripe partners with Paxos for stablecoin payments

Jun 5, 2024product launchmajor

Launch of Lift Dollar (USDL) in UAE

May 13, 2024acquisitionmajor

Paxos acquires Finnish EMI Membrane Finance

Jan 17, 2024chain expansionmajor

Paxos expands USDP stablecoin to Solana

2021
Apr 29, 2021funding

Series D Round

$300.00M

$300.00M · Coinbase Ventures, Raptor Group, Declaration Partners

2020
Dec 6, 2020funding

Series C Round

$142.00M

$142.00M

Oct 21, 2020partnershipmajor

PayPal partners with Paxos for crypto services

2019
Sep 5, 2019product launchmajor

Launch of PAX Gold (PAXG)

2018
Sep 10, 2018product launchmajor

Launch of Paxos Standard (PAX) stablecoin

May 30, 2018funding

Series B Round

$65.00M

$65.00M

2015
May 7, 2015funding

Series A Round

$25.00M

$25.00M

2013
Nov 11, 2013funding

Funding Round

$3.25M

$3.25M

Recent News