Paxos Gold's TVL Recently Crossed $500 Million

The total locked-in value (TVL) of the Paxos Gold (PAXG) token recently surpassed $500 million, reaching $508 million. This growth demonstrates the growing interest in gold-backed cryptocurrencies among traditional financial (TradFi) investors.PAXG tokens combine the stability of physical gold with the flexibility of Blockchain technology as a way for lower-risk investors to enter the crypto market.