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Paxos Labs launches PAXGy, a gold-backed token that can earn returns as gold value rises.

Protocol Fundamentals
30 Sep 2026
NewsBTC
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Neutral
Paxos Labs launches PAXGy, a gold-backed token that can earn returns as gold value rises.

Paxos Labs has introduced PAXGy, a new token backed by PAXG, which itself is backed by physical gold. Unlike traditional gold tokens, PAXGy is designed to potentially increase in value over time relative to gold, offering investors a way to earn returns linked to gold's performance. This innovation could attract investors seeking both the security of gold and the potential for growth. The launch marks a step forward in digital asset offerings tied to precious metals.

The story on Ripple tokenizing Brazilian investment fund and real estate records is presented with market data for context. For readers following major cryptocurrencies, here is Pluang's market snapshot: out of 50 priced cryptocurrencies, 33 rose and 15 fell. Notable movers include CRV at Rp6.930 with a 3.06% increase and a typical hold time of 62 days, NEO at Rp46.016 up 2.82%, and THETA at Rp4.109 rising 2.62%. This data is as of Oct 01, 2026 01:11 WIB.

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