Paxos Expands Pax Gold to Solana Amid Rising Demand for Tokenized Gold

Paxos has expanded its Pax Gold (PAXG) token to Solana, allowing users on this blockchain ecosystem to access tokenized gold. This move reflects rising demand for real-world assets that combine traditional investments with blockchain efficiency.

The selection of Solana by Paxos is a sign of how quickly the world of assets is evolving in the blockchain space. With a fee structure, speed, and reliability that has attracted asset issuers and developers, Solana's value locked in its ecosystem surpassed $2.5 billion by May 2026.

The expansion to Solana will help broaden access to PAXG, which represents one fine troy ounce of gold stored in LBMA-accredited vaults. Each token offers reserve transparency, no custody fees, and redemption options, regulated by the OCC.