Paxos Trust Company’s PAXG market cap jumped more than 43% in 31 days from $424 million to today’s $611 million. TokenizedGold
On March 8, 2022, theof one troy ounce of .999 fine gold reached an ATH at $2,069 per unit. A troy ounce is equivalent to 480 grains or roughly 31.10 grams of gold that is considered almost pure.
As the price of the physical bullion has risen, demand for tokenized gold crypto assets has increased a great deal. Additionally, tokenized gold assets have been carrying a premium in recent times, as tokens that represent one troy ounce of .999 fine gold have seen
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