Paxos Gold received investment, market value 2.2 billion dollars.

Historical Rise of Paxos Gold (PAXG)

Paxos Gold (PAXG) recorded a historic entry in January with $248 million. This significant increase contributed to the market capitalization of Paxos Gold reaching $2.2 billion.

Investors are seeking safe havens to preserve their value during a stagnation period in the cryptocurrency market. In this process, the tokenized gold market has also surpassed $5.5 billion.

At the same time, gold prices have exceeded $5,300, breaking new records. Investors are shifting towards alternative asset classes by evaluating this situation.