Gold-backed Crypto to be Introduced in Paxos

Gold-backed Crypto to be Introduced in Paxos

A fintech firm headquartered in New York, Paxos Technology Solutions LLC has shared its plan in launching a golf-backed cryptocurrency soon. Its CEO Chad Cascarilla explained, “We are excited about the concept of being able to take a commodity, and I think precious metals are really obvious ones, and gold is probably the most obvious and being able to tokenize it.”

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