Topic: xaut
Explainers
PAXG vs. XAUT: Who Can Buy, How Redemption Works, and Who Checks the Gold
The two biggest gold tokens look alike on a chart. They differ on who may buy from the issuer, where the gold sits, and how often an accountant reports on it.
Explainers
What Is Tokenized Gold? How Gold-Backed Tokens Work and Seven Things to Check
A gold token is a claim on gold in a vault, recorded on a blockchain. How strong that claim is depends on the issuer, the custody, the reports, and whether you can redeem.
Data
Tokenized Gold Snapshot: $5.8 Billion Reported, and Two Tokens Hold 89% of It
Tether Gold and PAX Gold make up 89% of the value in our tokenized gold table and nearly all of the trading. Kinesis Gold, third in the table, reported $526 million in value and traded $7,223 in a day.