Tokenlon Adds Support for Gold-Backed Tokens and COW
Tokenlon Adds Support for Gold-Backed Tokens and COW
馃獧 Gold Rush Goes Digital
By Tokenlon
Aug 21, 2025, 3:44 PM

Photo by Tokenlon
Tokenlon expands its token support with three significant additions:
- XAUt (Tether Gold): A stablecoin with physical gold backing
- PAXG (Pax Gold): Gold-backed cryptocurrency for trading
- COW: Governance token for CoW Protocol with fee benefits
Each gold token represents one troy ounce (~31g) of fine gold, stored in secure vaults in Switzerland and the UK. Users can now buy, swap, and cash out these tokens on Ethereum through the platform.
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