PAX Gold

24h change: -1.78%. From $4,698.97 to $4,615.53.

• The tokenized gold market capitalization has crossed $6 billion, backed by 1.2 million ounces of physical gold. PAXG and XAUT together control 96 percent of the sector. Cumulative trading volume stands at $178 billion, with projections to reach $15 billion by year-end due to rising RWA adoption.
• Market makers Wintermute and Flow Traders have launched OTC desks offering 24/7 trading in PAXG. These moves cater to institutional demand for tokenized assets. Enhanced liquidity supports the sector's growth toward $15 billion in 2026.
• The World Gold Council is developing a framework to standardize tokenized gold, challenging issuers like Paxos. This aims to boost adoption of gold-backed tokens. It follows surging interest in the sector amid high gold prices.

24h change: +0.01%. From $4,694.04 to $4,694.65.

• PAX Gold has increased nearly 10% so far this year with a market cap reaching $2.3 billion. It leads tokenized gold assets by offering steady growth tied to physical gold prices. This performance draws interest from investors seeking long-term stability in crypto portfolios.
• Tokenized gold assets like PAXG surge in value alongside physical gold price increases. New projects entering the space highlight growing interest in digital gold for liquidity and blockchain integration. This trend provides crypto users convenient exposure to traditional safe-haven assets.

24h change: -0.14%. From $4,699.20 to $4,692.60.

• OKX announced the removal of PAXG from its XAUUSDT perpetual gold index effective April 23, 2026. This change may affect trading dynamics for gold perpetuals on the platform. Tokenized gold exposure remains available through spot markets.
• Demand for gold-backed tokens like PAXG increases as physical gold prices climb, drawing new projects into the space. A DOGE-themed company joins the tokenized gold rush, highlighting broader interest. These assets provide blockchain-based access to gold reserves.

24h change: +0.25%. From $4,695.80 to $4,707.58.

• OKX announced the removal of PAXG from its XAUUSDT perpetual gold index effective April 23, 2026. This change may affect trading dynamics for gold perpetuals on the platform. Tokenized gold exposure remains available through spot markets.
• Demand for gold-backed tokens like PAXG increases as physical gold prices climb, drawing new projects into the space. A DOGE-themed company joins the tokenized gold rush, highlighting broader interest. These assets provide blockchain-based access to gold reserves.

24h change: +0.76%. From $4,664.78 to $4,700.32.

• Firms like Wintermute and Flow Traders launched OTC desks offering 24/7 execution for PAXG and other tokenized gold. This caters to institutional demand for seamless on-chain gold exposure. The moves signal growing professional interest in the sector.
• Paxos saw its assets under management increase 450% last year, fueled by PAXG minting as gold prices rose. The token gained 72% in value over the period. This underscores strong demand for regulated gold-backed crypto.
• Gold-backed stablecoins approached $4 billion market cap as investors sought protection during market uncertainty. PAXG holds second place behind Tether Gold. The sector's growth highlights blockchain's role in traditional commodities.