Paxos releases Pax Gold transparency report for April, with PAXG circulation and gold reserves both increasing slightly

According to ChainCatcher, Paxos officially released the April Pax Gold (PAXG) transparency report. The report disclosed that as of 5:00 pm EST on April 30, the circulation of issued PAXG increased slightly to 184,251.712 pieces, and the reserve gold also increased slightly to 184,251.761 ounces, and PAXG maintained over-collateralization. PAX Gold token is a cryptographic stored value token that allows financial market participants to trade in tokenized London Fast Delivery gold on the blockchain, and each token represents the ownership of London Good Delivery gold held in the vault.