Cryptocurrency Q&A
What are some examples of tokenized gold?
What are some examples of tokenized gold?
Giulia
Sat Nov 23 2024
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7 answers
1930
I'm interested in understanding tokenized gold. Could you provide me with some examples of tokenized gold to help me grasp this concept better?
7 answers
CherryBlossomDance
Mon Nov 25 2024
XAUT tokens are backed by physical gold stored in a secure vault in Switzerland.
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Daniela
Mon Nov 25 2024
Each XAUT token signifies ownership of one troy ounce of gold.
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GeishaCharm
Mon Nov 25 2024
Another option is Paxos Gold (PAXG), issued by Paxos Trust Company.
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Silvia
Mon Nov 25 2024
Tokenized gold represents a unique way to invest in gold through digital tokens.
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Carlo
Mon Nov 25 2024
One such example is Tether Gold (XAUT), which is issued by Tether.
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