Paxos Launches PAXGy on Pendle, Expanding Gold-Backed Assets
Photo: Coinfomania
Paxos launches PAXGy on Pendle, enabling trading of gold-backed assets onchain. This expands investment options and could attract new users. Paxos has launched PAXGy, a gold-backed digital asset, on the Pendle platform. This innovative asset matures on January 28, 2027, and enables users to trade and speculate on gold yields in real-time. The launch may attract new investment opportunities in the crypto space and diversify asset options for users. More details can be found in this tweet . The introduction of PAXGy on Pendle represents a significant development for the platform and the broader crypto market.
Source: Coinfomania
