In times of uncertainty, gold always finds its shine. And with SwapKit, you can now access tokenized gold on-chain.
For centuries, investors have turned to gold as a store of value — a hedge against inflation, currency debasement, and market volatility. Now, thanks to tokenization, crypto users can gain exposure to gold without leaving the blockchain — fully non-custodially, liquid, and composable within DeFi.
The Timeless Appeal of Gold
Gold remains one of the world’s oldest financial assets — a scarce, physical store of value recognized globally.
When inflation rises or fiat weakens, gold historically acts as a safe-haven asset — holding its purchasing power while riskier assets fluctuate.
In 2024–2025, gold prices hit new all-time highs as global markets adjusted to persistent inflation, debt concerns, and central bank accumulation.
For crypto investors, that same narrative resonates: “sound money” with finite supply and independence from centralized monetary policy.
But traditional gold ownership comes with friction — physical storage, high fees, and limited liquidity.
Enter tokenized gold.
Gold Meets Crypto: Tokenized Gold On-Chain
Tokenized gold bridges the gap between physical gold and digital finance.
Each token represents a claim on real, vaulted gold — fully backed, redeemable, and auditable.
The most established example is PAX Gold (PAXG), issued by Paxos Trust Company.
Each 1 PAXG = 1 fine troy ounce of London Good Delivery gold, stored in Brink’s vaults, and redeemable for physical gold or cash equivalents.
Benefits of PAXG:
- 1:1 backed by physical gold (audited monthly)
- Fully regulated under the NYDFS
- Tradable 24/7 on-chain
- Compatible with DeFi, staking, and cross-chain routing
With PAXG, you can hold and trade gold without intermediaries — just like any ERC-20 token.
How Crypto Users Can Access Tokenzied Gold On-Chain
Traditionally, PAXG lives on Ethereum as an ERC-20 token.
But for many users, Ethereum’s fees or network restrictions can make access tricky.
With SwapKit-powered apps, you can now access PAXG from virtually any major blockchain — fully non-custodially and cross-chain.
Here’s how:
1️⃣ Swap into Ethereum Using SwapKit’s Cross-Chain Routes
SwapKit’s SDK connects multiple cross-chain liquidity providers — including THORChain, Maya Protocol, Chainflip, and NEAR Intents.
This means you can start from almost any native asset — BTC, SOL, BNB, ARB, OP, AVAX, and more — and swap directly into ETH on Ethereum.
The router automatically chooses the best route across providers to deliver ETH to your wallet, no bridges required.
2️⃣ Swap ETH → PAXG Using the 1inch Provider
Once you have ETH in your wallet, you can use the 1inch provider (available within SwapKit’s single-chain aggregation layer) to swap ETH into PAXG directly on Ethereum.
SwapKit abstracts away the complexity:
- Cross-chain liquidity (to get into ETH)
- Single-chain aggregation (to reach PAXG efficiently)
- Unified quotes, one swap UX
No bridges. No CEX.
Just native swaps → ERC-20 gold in your wallet.
3️⃣ Hold or Redeem
Once you receive PAXG, it behaves like any other ERC-20 token:
- Store it in your self-custody wallet (Ledger, Trust Wallet, Bitget Wallet, etc.)
- Use it as collateral in DeFi protocols
- Or redeem it via Paxos for physical gold if desired
Your gold remains yours — secured by your keys, verifiable on-chain.
Why This Matters
Gold has always been about sovereignty.
Now, it’s possible to own and move gold with the same principles that define crypto: non-custodial, decentralized, borderless.
For users, this opens up:
- A safe-haven asset directly in your DeFi wallet
- On-chain diversification beyond crypto volatility
- Global liquidity without intermediaries
For builders and integrators:
- Offer tokenized real-world assets (RWAs) like gold via SwapKit
- Seamlessly route users into PAXG with one integration
- Unlock RWA swaps alongside native crypto liquidity
SwapKit bridges the old world of gold and the new world of digital finance — turning a centuries-old asset into an on-chain, composable primitive.
About SwapKit
SwapKit develops technologies and operates services enabling non-custodial, permissionless cross-chain trading for wallets, dApps, and crypto platforms. Through its API and SDK, SwapKit enables seamless swaps across multiple chains – including Bitcoin — to let users trade native assets in a single transaction without handling the underlying complexity.
SwapKit integrators benefit from a unified API to get access to multiple providers, abstracting away integration complexities. Integrators can monetize their SwapKit integration using tailor-made tools to easily configure and collect swap fees. SwapKit supports address AML checks, transaction status tracking, and multi-chain wallet interaction. With fully open-source smart contracts and a continuously expanding chain / asset coverage, SwapKit empowers projects to embed composable cross-chain DeFi capabilities efficiently.
For media enquiries, please contact contact@swapkit.dev
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