Crypto 101
Blockchain Basics

What Is Tokenized Gold and Silver? XAUT and PAXG Explained

XAUT and PAXG bring tokenized gold and silver onto the blockchain. Here is how they work and how to access them in KriptoK without a commodity broker.

Author

Can Kuskucu

Published on

June 25, 2026

What Is Tokenized Gold?

Tokenized gold is a blockchain token whose value is backed by and tracks the price of physical gold. Each token represents a specific weight of real gold held in a vault by the issuing company. The token trades on-chain 24/7 and can be held in a self-custody wallet like KriptoK.

What Is Tokenized Silver?

Same principle applied to silver. Each token represents a specific weight of physical silver. Tokenized silver gives portfolio exposure to an industrial and precious metal that tends to move differently from both gold and crypto.

Tokenized Gold Options in KriptoK

XAUM - Ondo Gold

Issued by Ondo Finance, one of the leading RWA protocols. XAUM is available across four chains: Ethereum, Solana, BNB Chain, and HyperEVM. This broad multichain coverage is what sets it apart - you can hold the same gold-backed asset on whichever chain you prefer, without bridging. For KriptoK users who are active across multiple networks, XAUM is the most flexible gold option available.

XAUT - Tether Gold

Issued by Tether, the same company behind USDT. Each XAUT token represents one troy ounce of physical gold held in Swiss vaults. The gold is allocated - each token corresponds to specific gold bars with serial numbers, not a pooled balance. Available on Ethereum and TRON, both supported in KriptoK.

PAXG - PAX Gold

Issued by Paxos, a regulated US financial institution. Each PAXG token represents one troy ounce of allocated physical gold held in Brink's vaults in London. Regulated by the New York Department of Financial Services (NYDFS). Available on Ethereum.

Tokenized Silver Options in KriptoK

SLVon - Ondo Silver

Issued by Ondo Finance. SLVon tracks the price of physical silver and is available across Ethereum, Solana, BNB Chain, and HyperEVM - the same four-chain coverage as XAUM. This makes SLVon the most broadly accessible tokenized silver in KriptoK, letting you hold silver on the same chain as your other assets without any bridging.

SLVx - xStock Silver

Issued by xStock. SLVx tracks physical silver prices and is available on Solana and Ethereum within KriptoK.

Why Multichain Coverage Matters

Most tokenized commodities are limited to a single chain. XAUM and SLVon from Ondo are available across Ethereum, Solana, BNB Chain, and HyperEVM - which means you can hold gold or silver on the same chain as your other assets without bridging. This is a meaningful advantage for day-to-day portfolio management across multiple networks.

How Are These Different From Buying Physical Gold or Silver?

Physical gold and silver require storage, insurance, and a dealer relationship. Selling requires finding a buyer and arranging delivery. It is slow and operationally heavy.

Tokenized versions trade on-chain in seconds and can be swapped directly for any other crypto asset. There is no dealer, no storage arrangement on your end, and no minimum purchase beyond what blockchain fees require. The vault storage and insurance is handled by the issuer.

How Are These Different From ETFs?

A gold or silver ETF is a financial product held through a brokerage account in the traditional financial system. You need a brokerage account, it only trades during market hours, and you can't move it to a self-custody wallet.

XAUM, XAUT, PAXG, SLVon, and SLVx live on-chain, trade 24/7, and sit in your KriptoK self-custody wallet. You can swap them for USDC, ETH, or any other asset at any time without going through a broker.

How to Buy Tokenized Gold or Silver in KriptoK

From the Swap screen in KriptoK, select the token you want (XAUM, XAUT, PAXG, SLVon, or SLVx) as the "To" asset, and any supported token as the "From" asset. The swap executes on-chain and the token appears in your wallet immediately after confirmation.

Full guide: How to Buy RWAs in KriptoK

Why Hold Gold or Silver in a Crypto Portfolio?

Gold has historically had low correlation with both equities and crypto. During periods of crypto volatility, gold-backed and silver-backed tokens can act as a stabilizer inside a self-custody wallet without requiring a move to a separate financial system. A way to hold traditional stores of value without leaving the on-chain environment.

For a broader view of how tokenized commodities and stocks fit together, see What Are RWAs?