Paxos Labs and Theo bet tokenized commodities can do more than sit there
Photo: Crypto Briefing
New yield-bearing gold and silver tokens aim to turn idle metal into a productive asset as the sector tops $5 billion For most of its short life, tokenized gold has done one job: track the price of gold. Paxos Labs and Theo want it to earn its keep. Both firms are pushing yield-bearing commodity tokens into a market that research puts at more than $5 billion. Paxos Labs launched PAXGy on September 24, 2026. The token is backed by PAXG, the firm’s existing tokenized gold product, and taps institutional gold leasing to build up additional gold reserves over time.
Source: Crypto Briefing
