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Gold’s 50-Year Money-Making Trick Just Went Onchain

Gold lending rates have been quoted every working day for 50 years, yet most people who actually own gold have effectively been locked out of the market. Paxos Labs launched PAXGy on Sept. 24 to change that, wrapping ins...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Gold’s 50-Year Money-Making Trick Just Went Onchain
Gold lending rates have been quoted every working day for 50 years, yet most people who actually own gold have effectively been locked out of the market. Paxos Labs launched PAXGy on Sept. 24 to change that, wrapping institutional gold-leasing economics into a token backed by pax gold (PAXG). The reserves are deployed to institutional […]

Why this matters

This maps to the Institutional Adoption hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.

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