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Paxos Gold Token PAXG market capitalization surpasses 1 billion USD, setting a new historical high.
Golden Finance reports that with the recent continuous new highs in Spot gold prices, the market capitalization of Paxos' gold Token PAXG is also on the rise. As of the time of writing this article, according to Coingecko data, it has surpassed 1 billion USD, reaching 1,048,084,991 USD, setting a historic high. PAX Gold (PAXG) is a Digital Money anchored to gold issued by Paxos, with 1 PAXG anchored to 1 ounce of gold, and the current circulating supply is 287,81 coins.