{"id":51851,"date":"2026-09-26T03:30:00","date_gmt":"2026-09-26T03:30:00","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=51851"},"modified":"2026-09-26T03:30:00","modified_gmt":"2026-09-26T03:30:00","slug":"paxos-labs-launches-gold-token-that-can-earn-a-return-in-gold","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=51851","title":{"rendered":"Paxos Labs Launches Gold Token That Can Earn A Return In Gold"},"content":{"rendered":"<ul>\n<li>Paxos Labs has launched PAXGy, a token backed by PAXG that can increase in value relative to gold over time.<\/li>\n<li>The underlying reserves are deployed to vetted institutional borrowers through the gold-leasing market.<\/li>\n<li>PAXGy is live across platforms including OKX, X Layer, Uniswap, 0x and Ether.Fi, but the return is not guaranteed.<\/li>\n<\/ul>\n<p>**ID:** N25-09<\/p>\n<p>**Site:** NewsBTC<\/p>\n<p>**Status:** READY<\/p>\n<p>**Author:** NewsBTC Editorial Team<\/p>\n<p>**Focus Keyword:** Paxos<\/p>\n<p>**Image Keyword:** Gold<\/p>\n<p>**Category:** Altcoins<\/p>\n<p>**Tags:** Paxos, PAXG, PAXGy, Gold, <a href=\"https:\/\/www.newsbtc.com\/glossary\/tokenized-assets\/\">Tokenization<\/a><\/p>\n<p>**Primary Source:** https:\/\/www.paxos.com\/blog<\/p>\n<h2>The Token Balance Stays The Same While Its Gold Value Can Grow<\/h2>\n<p>PAXGy is backed by PAXG.<\/p>\n<p>Each PAXG represents physical gold held in <a href=\"https:\/\/www.newsbtc.com\/glossary\/custody\/\">institutional custody<\/a>, with the underlying reserves subject to regular attestation.<\/p>\n<p>PAXGy adds another layer.<\/p>\n<p>Paxos Labs says holders can deposit PAXG or swap supported <a href=\"https:\/\/www.newsbtc.com\/glossary\/stablecoin\/\">stablecoins<\/a> for PAXGy.<\/p>\n<p>The reserves backing PAXGy can then be lent to vetted institutional borrowers in the bullion market.<\/p>\n<p>When those strategies generate a return, that value accrues through the PAXGy <a href=\"https:\/\/www.newsbtc.com\/glossary\/exchange\/\">exchange<\/a> rate.<\/p>\n<p>The holder\u2019s number of tokens does not have to increase.<\/p>\n<p>Instead, each PAXGy can become redeemable for more PAXG over time.<\/p>\n<p>That is a very different model from simply holding tokenized bullion.<\/p>\n<h2>Yield Also Introduces Risk That Plain Gold Does Not Have<\/h2>\n<p>There is no free yield here.<\/p>\n<p>Paxos Labs explicitly warns that deploying gold into external strategies introduces credit, <a href=\"https:\/\/www.newsbtc.com\/glossary\/liquidity\/\">liquidity<\/a> and market risks.<\/p>\n<p>If borrowers default or the underlying strategies suffer losses, the PAXGy exchange rate can move downward.<\/p>\n<p>Growth is not guaranteed.<\/p>\n<p>That distinction matters because PAXG and PAXGy may sound almost identical while representing different risk profiles.<\/p>\n<p>PAXG is designed around direct exposure to physical gold.<\/p>\n<p>PAXGy adds a yield-generating strategy on top of that exposure.<\/p>\n<p>The token is launching with support from OKX, X Layer, 0x, Uniswap, Ether.Fi and Chainlink.<\/p>\n<p>Paxos Labs says tokenized gold has now grown beyond $5 billion in total value, while trading volume during the first quarter of 2026 exceeded the whole of 2025.<\/p>\n<p>PAXGy is an attempt to make that market more financially productive.<\/p>\n<p>Instead of tokenizing gold simply so it can move onchain, the product tries to connect it to a centuries-old lending market as well.<\/p>\n<p>It is another example of tokenization starting to recreate financial functions around an asset, not merely digitize ownership of it.<\/p>\n<p>*This article was written by the News Desk and edited by [Samuel Rae](https:\/\/www.newsbtc.com\/author\/rae-samuel\/).*<\/p>","protected":false},"excerpt":{"rendered":"<p>Paxos Labs has launched PAXGy, a token backed by PAXG that can increase in value relative to gold over time. The underlying reserves are deployed to vetted institutional borrowers through the gold-leasing market. PAXGy is live across platforms including OKX, X Layer, Uniswap, 0x and Ether.Fi, but the return is not guaranteed. **ID:** N25-09 **Site:** [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":51852,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-51851","post","type-post","status-publish","format-standard","has-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Paxos Labs Launches Gold Token That Can Earn A Return In Gold - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=51851\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Paxos Labs Launches Gold Token That Can Earn A Return In Gold - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"Paxos Labs has launched PAXGy, a token backed by PAXG that can increase in value relative to gold over time. The underlying reserves are deployed to vetted institutional borrowers through the gold-leasing market. PAXGy is live across platforms including OKX, X Layer, Uniswap, 0x and Ether.Fi, but the return is not guaranteed. **ID:** N25-09 **Site:** [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptomag.finance\/?p=51851\" \/>\n<meta property=\"og:site_name\" content=\"Cryptomag\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-26T03:30:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptomag.finance\/wp-content\/uploads\/2025\/06\/generic-crypto-image.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"560\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Crypto Magazine\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptomagz\" \/>\n<meta name=\"twitter:site\" content=\"@cryptomagz\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Crypto Magazine\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=51851#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=51851\"},\"author\":{\"name\":\"Crypto Magazine\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#\\\/schema\\\/person\\\/f749cd846c4f13ef717c12a20ce9d040\"},\"headline\":\"Paxos Labs Launches Gold Token That Can Earn A Return In Gold\",\"datePublished\":\"2026-09-26T03:30:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=51851\"},\"wordCount\":412,\"image\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=51851#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/btcusd-btcusd-bearish-breakdown-continuation-outlook-vlmHOd.png\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=51851\",\"url\":\"https:\\\/\\\/cryptomag.finance\\\/?p=51851\",\"name\":\"Paxos Labs Launches Gold Token That Can Earn A Return In Gold - Cryptomag\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=51851#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=51851#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/btcusd-btcusd-bearish-breakdown-continuation-outlook-vlmHOd.png\",\"datePublished\":\"2026-09-26T03:30:00+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#\\\/schema\\\/person\\\/f749cd846c4f13ef717c12a20ce9d040\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=51851#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/cryptomag.finance\\\/?p=51851\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=51851#primaryimage\",\"url\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/btcusd-btcusd-bearish-breakdown-continuation-outlook-vlmHOd.png\",\"contentUrl\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/btcusd-btcusd-bearish-breakdown-continuation-outlook-vlmHOd.png\",\"width\":750,\"height\":341},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=51851#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/cryptomag.finance\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Paxos Labs Launches Gold Token That Can Earn A Return In Gold\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#website\",\"url\":\"https:\\\/\\\/cryptomag.finance\\\/\",\"name\":\"Cryptomag\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/cryptomag.finance\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#\\\/schema\\\/person\\\/f749cd846c4f13ef717c12a20ce9d040\",\"name\":\"Crypto Magazine\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g\",\"caption\":\"Crypto Magazine\"},\"sameAs\":[\"https:\\\/\\\/cryptomag.finance\",\"https:\\\/\\\/x.com\\\/cryptomagz\"],\"url\":\"https:\\\/\\\/cryptomag.finance\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Paxos Labs Launches Gold Token That Can Earn A Return In Gold - Cryptomag","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptomag.finance\/?p=51851","og_locale":"en_US","og_type":"article","og_title":"Paxos Labs Launches Gold Token That Can Earn A Return In Gold - Cryptomag","og_description":"Paxos Labs has launched PAXGy, a token backed by PAXG that can increase in value relative to gold over time. The underlying reserves are deployed to vetted institutional borrowers through the gold-leasing market. PAXGy is live across platforms including OKX, X Layer, Uniswap, 0x and Ether.Fi, but the return is not guaranteed. **ID:** N25-09 **Site:** [&hellip;]","og_url":"https:\/\/cryptomag.finance\/?p=51851","og_site_name":"Cryptomag","article_published_time":"2026-09-26T03:30:00+00:00","og_image":[{"width":1000,"height":560,"url":"https:\/\/cryptomag.finance\/wp-content\/uploads\/2025\/06\/generic-crypto-image.webp","type":"image\/webp"}],"author":"Crypto Magazine","twitter_card":"summary_large_image","twitter_creator":"@cryptomagz","twitter_site":"@cryptomagz","twitter_misc":{"Written by":"Crypto Magazine","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cryptomag.finance\/?p=51851#article","isPartOf":{"@id":"https:\/\/cryptomag.finance\/?p=51851"},"author":{"name":"Crypto Magazine","@id":"https:\/\/cryptomag.finance\/#\/schema\/person\/f749cd846c4f13ef717c12a20ce9d040"},"headline":"Paxos Labs Launches Gold Token That Can Earn A Return In Gold","datePublished":"2026-09-26T03:30:00+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptomag.finance\/?p=51851"},"wordCount":412,"image":{"@id":"https:\/\/cryptomag.finance\/?p=51851#primaryimage"},"thumbnailUrl":"https:\/\/cryptomag.finance\/wp-content\/uploads\/btcusd-btcusd-bearish-breakdown-continuation-outlook-vlmHOd.png","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/cryptomag.finance\/?p=51851","url":"https:\/\/cryptomag.finance\/?p=51851","name":"Paxos Labs Launches Gold Token That Can Earn A Return In Gold - Cryptomag","isPartOf":{"@id":"https:\/\/cryptomag.finance\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptomag.finance\/?p=51851#primaryimage"},"image":{"@id":"https:\/\/cryptomag.finance\/?p=51851#primaryimage"},"thumbnailUrl":"https:\/\/cryptomag.finance\/wp-content\/uploads\/btcusd-btcusd-bearish-breakdown-continuation-outlook-vlmHOd.png","datePublished":"2026-09-26T03:30:00+00:00","author":{"@id":"https:\/\/cryptomag.finance\/#\/schema\/person\/f749cd846c4f13ef717c12a20ce9d040"},"breadcrumb":{"@id":"https:\/\/cryptomag.finance\/?p=51851#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptomag.finance\/?p=51851"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptomag.finance\/?p=51851#primaryimage","url":"https:\/\/cryptomag.finance\/wp-content\/uploads\/btcusd-btcusd-bearish-breakdown-continuation-outlook-vlmHOd.png","contentUrl":"https:\/\/cryptomag.finance\/wp-content\/uploads\/btcusd-btcusd-bearish-breakdown-continuation-outlook-vlmHOd.png","width":750,"height":341},{"@type":"BreadcrumbList","@id":"https:\/\/cryptomag.finance\/?p=51851#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptomag.finance\/"},{"@type":"ListItem","position":2,"name":"Paxos Labs Launches Gold Token That Can Earn A Return In Gold"}]},{"@type":"WebSite","@id":"https:\/\/cryptomag.finance\/#website","url":"https:\/\/cryptomag.finance\/","name":"Cryptomag","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptomag.finance\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cryptomag.finance\/#\/schema\/person\/f749cd846c4f13ef717c12a20ce9d040","name":"Crypto Magazine","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g","caption":"Crypto Magazine"},"sameAs":["https:\/\/cryptomag.finance","https:\/\/x.com\/cryptomagz"],"url":"https:\/\/cryptomag.finance\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/posts\/51851","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51851"}],"version-history":[{"count":0,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/posts\/51851\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/media\/51852"}],"wp:attachment":[{"href":"https:\/\/cryptomag.finance\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}