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PAXG
PAX Gold

819
Mkt Cap
$2.34B
24H Volume
$290.57M
FDV
$2.34B
Circ Supply
514,128.80
Total Supply
514,128.80
PAXG Fundamentals
Max Supply
0.00
7D High
$4,592.08
7D Low
$4,333.40
24H High
$4,601.39
24H Low
$4,493.74
All-Time High
$5,619.09
All-Time Low
$1,399.64
PAXG Prices
PAXG / USD
$4,548.58
PAXG / EUR
€3,968.06
PAXG / GBP
£3,447.70
PAXG / CAD
CA$6,338.02
PAXG / AUD
A$6,649.98
PAXG / INR
₹427,935.00
PAXG / NGN
NGN 6,292,368.00
PAXG / NZD
NZ$7,973.56
PAXG / PHP
₱276,299.00
PAXG / SGD
SGD 5,876.04
PAXG / ZAR
ZAR 78,142.00
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News
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press releases
Why Singapore’s Gold Expansion Matters for Tokenized Gold Adoption
This article was first published on TurkishNY Radio. Singapore’s latest gold-market push is easy to read as a bullion story, but that misses the more interesting angle. This is really a story about credibility, market plumbing, and what happens when a traditional safe-haven asset...
TurkishNY Radio·18h ago
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How Singapore’s Gold Expansion Could Influence Crypto Markets
This article was first published on Deythere. Singapore has opened a new chapter in the regional gold trade, and the move is bigger than a headline about bullion. Authorities and market participants are building out the pipes that make a serious market work, including vaulting, s...
Deythere·19h ago
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Walmart-backed OnePay expands crypto lineup with new token listings
Walmart-owned OnePay has added more than a dozen crypto tokens to its platform in response to growing demand from its customers. In an announcement shared with crypto media, OnePay said its offering now includes tokens such as SUI (SUI), Polygon…
crypto.news·22h ago
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Walmart OnePay Expands to 13 Crypto Tokens as BlackRock Hunts $350K Digital Assets Chief
Walmart's OnePay added Solana, Cardano, SUI and 10 more tokens while BlackRock seeks a $270K–$350K Managing Director for Digital Assets — all as the Fear & Greed Index hits Extreme Fear at 8. Bitcoininfonews first published the article titled Walmart OnePay Expands to 13 Crypto T...
Bitcoin Info News·1d ago
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Walmart-Owned OnePay Adds More Than 10 Tokens to Its Crypto Service
OnePay, the fintech app owned by Walmart, has added more than ten tokens to its crypto service, expanding retail-accessible digital asset offerings to millions of users. Read original article on coinlineup.com
CoinLineup·1d ago
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Walmart-Owned OnePay Expands Crypto Service With 10+ New Tokens
OnePay, Walmart's fintech arm, has expanded its cryptocurrency offering by adding more than ten tokens, extending crypto access to millions of Walmart customers. Bitcoininfonews first published the article titled Walmart-Owned OnePay Expands Crypto Service With 10+ New Tokens.
Bitcoin Info News·1d ago
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Walmart-Backed OnePay Expands Into Crypto, Adding Top Tokens to All-in-One Finance App
OnePay, Walmart's fintech arm, is adding major cryptocurrencies as it builds an all-in-one financial platform for millions of retail customers. Read original article on coinlineup.com
CoinLineup·1d ago
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Walmart-backed OnePay adds tokens in push to serve ‘new to crypto’ customers
After launching its crypto offerings to customers in January with Bitcoin and Ethereum, Walmart-backed OnePay has expanded the list to more than 12 tokens, including Polygon, Cardano and Solana.
Cointelegraph.com News·2d ago
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Paxos PAXG Transfer: Strategic $4.38 Million Move to B2C2 Reveals Institutional Crypto Surge
BitcoinWorld Paxos PAXG Transfer: Strategic $4.38 Million Move to B2C2 Reveals Institutional Crypto Surge In a significant institutional cryptocurrency movement, Paxos executed a substantial transfer of 1,000 PAXG tokens, valued at approximately $4.38 million, to an address associated with the prominent crypto market maker B2C2. This transaction, identified by blockchain intelligence platform Arkham, underscores the growing institutional activity within the digital asset space as of April 2025. The movement of such a large sum in a gold-backed digital asset highlights evolving strategies among major financial players. Furthermore, this transfer provides a concrete example of how traditional asset classes integrate with blockchain technology. Analysts closely monitor these flows for signals about market liquidity and institutional sentiment. Analyzing the Paxos PAXG Transfer to B2C2 The core transaction involved Paxos, a regulated blockchain infrastructure platform, moving 1,000 PAXG tokens. According to real-time blockchain data, this transfer occurred about an hour before initial reporting. Each PAXG token represents one fine troy ounce of a London Good Delivery gold bar stored in professional vaults. Consequently, the $4.38 million valuation directly correlates with the live spot price of gold. Market makers like B2C2 provide crucial liquidity in cryptocurrency markets. They facilitate large trades for institutional clients with minimal price impact. This specific transfer likely represents a rebalancing of assets or preparation for client-facing liquidity provisions. Notably, blockchain transparency allows anyone to verify this on-chain activity. Paxos operates as both the issuer and custodian for PAXG. The company maintains full reserves of physical gold for every token in circulation. Therefore, this transfer does not involve moving physical bullion but rather the digital ownership rights. B2C2, founded in 2015, is a leading over-the-counter (OTC) digital asset liquidity provider. The firm serves a global clientele of institutions, including hedge funds and trading desks. Transactions between such established entities typically indicate sophisticated financial operations rather than retail speculation. The use of a gold-backed token also suggests a strategic preference for asset stability amidst crypto market volatility. The Role of Gold-Backed Tokens in 2025 Gold-backed cryptocurrencies like PAXG have gained substantial traction among institutional investors. They merge the historical store of value of gold with the efficiency of blockchain. Key features driving their adoption include: Instant Settlement: Transferring ownership globally in minutes, unlike physical gold. Fractional Ownership: Allowing investment in small fractions of an ounce of gold. Transparent Audits: Regular proof-of-reserve audits verify the backing physical gold. Regulatory Clarity: Issuers like Paxos operate under specific trust charters and regulations. This infrastructure makes assets like PAXG ideal for large-scale, institutional treasury management and collateral purposes. Institutional Crypto Movement and Market Impact The movement of $4.38 million in PAXG is a microcosm of a larger trend. Institutional participation in cryptocurrency markets has matured significantly by 2025. Firms now utilize digital assets for diversified portfolios, hedging strategies, and operational liquidity. Market makers act as the essential plumbing for this ecosystem. They ensure institutions can enter and exit positions efficiently. A transfer of this size to B2C2 may precede several potential market activities. For instance, it could fund OTC desk inventory for client trades. Alternatively, it might serve as collateral for other financial instruments or decentralized finance (DeFi) protocols. Blockchain analytics firms like Arkham, Chainalysis, and Nansen provide the tools to track these flows. Their intelligence offers insights into the strategies of large holders, often called “whales.” Monitoring wallets linked to known entities like Paxos and B2C2 helps analysts understand market dynamics. This transparency is a double-edged sword. While it promotes market integrity, it also requires participants to manage privacy carefully. Consequently, many institutional transactions occur off-chain via OTC desks before being settled on-chain, as this transfer may represent. Evidence and Verification of On-Chain Activity All transactions on public blockchains like Ethereum are immutable and publicly verifiable. The Paxos-to-B2C2 transfer is recorded on the Ethereum ledger. Anyone can inspect the transaction hash, block number, timestamp, and wallet addresses involved. This level of transparency is unprecedented in traditional finance. It allows for real-time audit trails and reduces counterparty risk. Regulatory bodies increasingly leverage this data for compliance monitoring. For journalists and analysts, it provides a factual foundation for reporting, moving beyond speculation to on-chain evidence. The Evolving Landscape of Digital Asset Liquidity Liquidity provision has become a specialized and critical function in crypto markets. Market makers like B2C2 commit capital to buy and sell assets continuously. They profit from the bid-ask spread while providing a vital service. The PAXG transfer highlights how liquidity providers manage their asset inventories. They must hold a diverse basket of cryptocurrencies and tokenized assets to meet client demand. Gold-backed tokens offer a unique proposition within this basket. They provide exposure to a non-correlated traditional asset while maintaining the operational benefits of a digital token. The table below contrasts key attributes of the transferred asset with other common institutional holdings: Asset Type Example Primary Use Case Volatility Profile Gold-Backed Token PAXG Store of Value / Collateral Low (Tracks Gold) Stablecoin USDC Medium of Exchange / Settlement Very Low (Tracks USD) Blue-Chip Crypto Bitcoin (BTC) Digital Gold / Speculative Investment High Smart Contract Platform Ethereum (ETH) Utility / Development High This diversity allows institutions to construct nuanced financial strategies on-chain. The choice of PAXG in this transfer suggests a specific intent related to gold’s stability or its acceptance as collateral in various financial systems. Conclusion The Paxos PAXG transfer of $4.38 million to B2C2 is a significant data point in the institutionalization of cryptocurrency markets. It demonstrates the practical use of gold-backed digital assets by major financial intermediaries. This movement, verified by blockchain intelligence, reflects sophisticated treasury management and liquidity provisioning strategies. As markets evolve, such transparent on-chain activity will continue to provide valuable insights. It signals the maturation of infrastructure supporting the seamless movement of value between traditional and digital asset classes. Ultimately, transactions like this underscore the growing depth and complexity of the crypto-financial ecosystem in 2025. FAQs Q1: What is PAXG? PAXG (Pax Gold) is a cryptocurrency token issued by Paxos. Each token represents ownership of one fine troy ounce of a London Good Delivery gold bar held in professional vaults. It combines the value stability of physical gold with the transferability of a digital asset on the Ethereum blockchain. Q2: Why would a market maker like B2C2 need PAXG? Market makers require inventories of various digital assets to provide liquidity to their clients. Holding PAXG allows B2C2 to facilitate large OTC trades in gold-backed assets, use it as collateral in lending protocols, or manage its own treasury with an asset that correlates with gold prices instead of crypto volatility. Q3: How was this transaction discovered? Blockchain intelligence and analytics platforms like Arkham monitor the wallets of known entities such as Paxos and B2C2. They use on-chain data analysis, address labeling, and clustering techniques to identify significant transactions and report them in real-time. Q4: Does this transfer affect the price of gold or PAXG? A single $4.38 million transfer is unlikely to materially affect the global gold spot price. However, large movements into or out of PAXG can temporarily influence its market price relative to the underlying gold value due to liquidity dynamics on specific exchanges. Q5: What does this indicate about institutional crypto trends in 2025? This transaction reinforces trends of increasing institutional comfort with digital assets. It shows the use of specialized tokenized products (like gold tokens) for specific financial functions. It also highlights the critical role of regulated intermediaries (Paxos) and liquidity providers (B2C2) in building a mature market infrastructure. This post Paxos PAXG Transfer: Strategic $4.38 Million Move to B2C2 Reveals Institutional Crypto Surge first appeared on BitcoinWorld .
bitcoinworld·4d ago
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Why the New XRP Listing Versus PAXG May be a Game-Changer for XRPL Utility
XRP integrates with the $14 trillion gold market through a strategic PAXG pairing on March 26.
utoday·5d ago
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AboutPAX Gold (PAXG) is an asset-backed token where one token should represent one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities. Anyone who owns PAXG has ownership rights to that gold under the custody of Paxos Trust Company. Since PAXG represents physical gold, its value is tied directly to the real-time market value of that physical gold. PAXG gives customers the benefits of actual physical ownership of specific gold bars with the speed and mobility of a digital asset. Customers are able to have fractional ownership of physical bars. On the Paxos platform, customers can convert their tokens to allocated gold, unallocated gold, or fiat currency (and vice versa) quickly and efficiently, reducing their exposure to settlement risk. PAXG is also available for trading on Paxos’ itBit exchange. PAXG will also be available on other crypto-asset exchanges, wallets, lending platforms and elsewhere within the crypto ecosystem. At any time, PAXG holders can lookup the serial number, value and physical characteristics of their vaulted gold just by entering their Ethereum wallet address on the PAXG lookup tool on Paxos.com/paxgold.
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Ethereum EcosystemReal World Assets (RWA)Tokenized AssetsTokenized CommoditiesTokenized Gold
Date
Market Cap
Volume
Close
March 31, 2026
$2.34B
$290.57M
---
March 31, 2026
$2.32B
$301.83M
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March 30, 2026
$2.29B
$153.05M
$4,452.09
March 29, 2026
$2.31B
$115.77M
$4,498.84
March 28, 2026
$2.31B
$283.72M
$4,498.89
March 27, 2026
$2.27B
$371.39M
$4,406.69
March 26, 2026
$2.31B
$418.04M
$4,498.14
March 25, 2026
$2.33B
$535.96M
$4,541.69
March 24, 2026
$2.25B
$1.52B
$4,443.43
March 23, 2026
$2.25B
$231.42M
$4,479.65

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