Any Crypto Backed By Gold. The article says the new digital token, named digau, will be pegged to gold's market price. Their popularity comes from factors like the backing percentage—as some cryptos are not fully backed by gold—and whether the crypto has use beyond investing.
Dgx has a market capitalization of approximately usd 4mn and a daily trading. In contrast, pax is traded on reputable exchanges like kraken. The mint offers the goldpass app that issues a certification with all issued gold bullion.
The company pledges that every pax gold token is fully backed by vaulted physical gold in london.
“[china] is rolling out a cryptocurrency, a lot of the details have not been divulged. The crypto research report portfolio has 15% allocated to pax gold, and is staking that gold on crypto.com. Dgx has a market capitalization of approximately usd 4mn and a daily trading. Each xaur coin has the value of 1 gram of 99.99% pure gold.