Ed speaks with Anthony Scaramucci, founder and managing partner of SkyBridge Capital. They discuss the value of authenticity in entrepreneurship, why it's important to be a comfortable outsider, and why he doesn’t regret his time in the White House.
Learn more about your ad choices. Visit podcastchoices.com/adchoices
As tensions flare between Iran and Israel, investors are watching oil, gold, and, of course, crypto. In this episode of Bits + Bips, the panel digs into the market response to war risk, the chances the Fed will actually cut rates, and how Circle’s IPO is being treated more like a meme stock than a fintech play.
Plus:
Why Scaramucci says we’re all living in a surveillance state
Whether stablecoins are being kneecapped by U.S. regulation
When altcoin ETFs are coming
And what BlackRock’s Larry Fink secretly told Scaramucci about Bitcoin in 2021 👀
Sponsor:
Bitwise
James Seyffart, Research Analyst at Bloomberg Intelligence
Alex Kruger, Founder of Asgard
Noelle Acheson, Author of the “Crypto Is Macro Now” Newsletter
Anthony Scaramucci, Founder of SkyBridge
US-Iran-Israel war
Unchained: Bitcoin Dips Below $100K as U.S.–Iran Tensions Trigger $627M in Liquidations
Polymarket: Will Iran close the Strait of Hormuz before July?
WSJ: What Israel’s Soaring Markets Are Saying About the Iran War
Macro
WSJ: Fed’s Bowman Says She Could Support a July Interest-Rate Cut
CNBC: Fed Governor Waller says central bank could cut rates as early as July
FT: Jay Powell to push back on calls for Federal Reserve rate cuts as soon as July
Stablecoins
WSJ: Stablecoin World Opens Up to Main Street Banks
The Block: Circle's post-IPO stock surge pushes market cap near Coinbase and USDC
ETFs
James upped the odds on a bunch of altcoin spot ETFs
Timestamps:
🎬 0:00 Intro
🌍 2:51 Are there lessons in how the markets shrugged off the Iran-Israel conflict?
🔥 9:37 What flashpoints in the Middle East could ignite next
🛢️ 14:40 Will oil supplies remain safe?
💸 22:13 Are cracks finally forming in the Fed’s resistance to rate cuts?
📉 28:08 Why Anthony believes that Fed Chair Powell is playing politics with rates
🇺🇸 33:55 Whether TACO Trump or tough Trump will show up on tariff day
🎯 36:26 What Anthony says that people get wrong about Trump’s economic strategy
🏦 43:52 Why Circle’s IPO feels more meme than fintech and what Larry Fink once secretly told Anthony about bitcoin 👀
🚫 50:27 One thing that Anthony HATES about the GENIUS Act
📊 56:17 Why James is upping his odds on a wave of altcoin ETFs, but doesn’t expect many to be successful products
Learn more about your ad choices. Visit megaphone.fm/adchoices
Anthony Scaramucci is the founder and managing partner at SkyBridge Capital, and host of The Rest Is Politics US. Scaramucci joins Big Technology Podcast to talk about his brief experience as Trump's communication director, what derailed Elon Musk’s White House stint, the problems with Trump’s 'Big Beautiful Bill,' the state of the trade war, Tim Cook’s tariff troubles, bitcoin, and more. We also cover Long Island culture at the top of the show, if you’re into that. Tune in for a fast paced, fascinating look into the state of the global economy and the tech titans trying to ride it to results.
---
Enjoying Big Technology Podcast? Please rate us five stars ⭐⭐⭐⭐⭐ in your podcast app of choice.
Want a discount for Big Technology on Substack? Here’s 25% off for the first year: https://www.bigtechnology.com/subscribe?coupon=0843016b
Questions? Feedback? Write to: bigtechnologypodcast@gmail.com
Learn more about your ad choices. Visit megaphone.fm/adchoices
Jessica Tarlov gets the inside scoop from Anthony Scaramucci—the man who lasted 11 wild days in the Trump White House—on where Trump fumbled in his meeting with Zelensky, what really went down during his short but chaotic tenure, and why Elon Musk’s growing influence in government should have all of us paying attention. Then, Illinois Governor JB Pritzker joins the conversation to break down the creeping authoritarianism in the GOP and make the case for why Democrats need to get back to basics—like fixing the economy—if they want to win big.
Follow Jessica Tarlov, @JessicaTarlov.
Follow Anthony Scaramucci, @Scaramucci.
Follow Gov. Pritzker, @GovPritzker.
Follow Prof G, @profgalloway.
Learn more about your ad choices. Visit podcastchoices.com/adchoices
How do politics shape Bitcoin’s future? Can the U.S. adopt Bitcoin as a strategic reserve asset? Our guest today is Anthony Scaramucci, founder of SkyBridge Capital and author of the upcoming The Little Book of Bitcoin. Known for his finance acumen and brief stint in the Trump administration, Scaramucci unpacks Wall Street’s growing embrace of Bitcoin and its implications for the global economy. With bold price predictions, Scaramucci explores how Bitcoin could hit $200K and outlines the game-changing impact of blockchain on the global economy.
------ 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium
------ BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2
🦄UNISWAP | BUG BOUNTY PROGRAM https://bankless.cc/Uniswap-Bug-Bounty
⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum
🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle
📈 iYield: YOUR FINANCIAL PICTURE, SIMPLIFIED https://bankless.cc/iYield
🗣️TOKU | CRYPTO EMPLOYMENT https://bankless.cc/toku
🐧 CARTESI | LINUX-POWERED ROLLUPS https://bankless.cc/CartesiSimple
------ ✨ Mint the episode on Zora ✨ https://zora.co/collect/base:0x4be6cd4d402fed49eb2de95fbc8e737e8ffd3e7f/3?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E
------ TIMESTAMPS
0:00 Intro 5:30 Election takes 12:14 Why Harris lost the election 16:00 Did democrats learn their lessons? 23:42 Strategic Bitcoin Reserve? 26:38 US Dollar backed by Bitcoin? 30:54 US China Crypto race 37:56 Wall Street & Crypto 49:24 Paul Tudor Jones Story 51:45 Bitcoin's Price prediction for 53:35 Other Crypto Assets 54:26 Thoughts on Ether 54:47 The Book's target audience 57:23 Thoughts on Microstrategy 1:00:42 Hedging Advice 1:03:20 Closing & Disclosure
------ RESOURCES
Anthony Scaramucci https://x.com/Scaramucci
The Little Book of Bitcoin https://www.amazon.com/dp/1394286643
------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures
Anthony Scaramucci is the founder and Managing Partner of Skybridge.
In this episode, Scaramucci and Chaparro discuss the recent U.S. Presidential election and its implications for the crypto industry. Scaramucci analyzes the factors that led to Kamala Harris's loss, naming crypto as a key factor.
OUTLINE
00:00 Introduction
00:36 2024 Presidential Election Retrospective
04:16 Trump's Cabinet
07:37 The Future of the Democrats
11:29 Market's Response to Trump Victory
14:23 New SEC Chair
19:17 D.O.G.E
22:54 Closing Thoughts
This episode is brought to you by our sponsor Polkadot
Polkadot is the blockspace ecosystem for boundless innovation. To discover more, head to polkadot.network
This episode is brought to you by our sponsor Bitkey
Bitkey is the safe, easy way to own and manage bitcoin. Learn more at Bitkey.world
The Block Community
The Block is launching a new community experience for fans of The Scoop! Follow us on Lens to stay in the loop: hey.xyz/u/theblockcommunity
The Block Newsletters
The Block's newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit theblock.co/newsletters
GUEST LINKS
Anthony Scaramucci on X - https://x.com/scaramucci
Anthony Scaramucci - https://www.linkedin.com/in/anscaramucci/
Skybrdige on X - https://x.com/skybridge
Skybridge - https://www.skybridge.com/
Anthony Scaramucci serves as both the founder and managing partner of Skybridge Capital, as well as the founder and chairman of SALT Conferences.
In this episode recorded live at last week's SALT Conference in Jackson Hole, Chaparro and Scaramucci discuss the upcoming 2024 U.S. presidential election and the rising importance of the 'crypto vote.'
OUTLINE
00:00 Intro
04:16 2024 Election
14:19 Presidential Crypto Policy
15:58 Donald Trump
19:59 China Policy
25:05 Closing Thoughts
This episode is brought to you by our sponsor Polkadot
Polkadot is the blockspace ecosystem for boundless innovation. To discover more, head to polkadot.network
The Block Community
The Block is launching a new community experience for fans of The Scoop! Follow us on Lens to stay in the loop: hey.xyz/u/theblockcommunity
The Block Newsletters
The Block's newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit theblock.co/newsletters
Kara is joined by guest host Mehdi Hasan to discuss Warner Bros. Discovery and Paramount announcing major write-offs for their cable assets, and Elon Musk facing yet another lawsuit. Then, what the latest poll numbers reveal about the state of the presidential race, plus Donald Trump's false claims that Kamala Harris rally photos are AI-generated. Our Friend of Pivot is Anthony Scaramucci, former White House Communications Director, and the founder and managing partner of SkyBridge Capital. The Mooch explains why he thinks major changes are coming to the Trump campaign, and shares a wild prediction about the race.
Follow Anthony at @scaramucci
Follow us on Instagram and Threads at @pivotpodcastofficial.
Follow us on TikTok at @pivotpodcast.
Send us your questions by calling us at 855-51-PIVOT, or at nymag.com/pivot.
Learn more about your ad choices. Visit podcastchoices.com/adchoices
The political landscape in the US is heating up with the November elections, and the crypto industry is watching closely.
In this episode, Anthony Scaramucci, founder of SkyBridge, doesn’t mince words and explains why he believes Joe Biden is the best choice—even for the crypto voter—in the upcoming election, the significance of the Ethereum ETF approval, and how the industry has overcome significant regulatory hurdles.
Scaramucci also shares his insights on the future of Bitcoin ETFs, the role of younger generations in driving crypto policy, and why Solana might be the next big thing.
Show highlights:
02:05 Why Anthony believes there’s only one choice in this election: Joe Biden
07:03 Why he thinks the crypto industry “has already won”
16:27 Whether the crypto industry should trust Trump with his pro-crypto comments
17:20 Why Anthony is convinced that the Biden administration has stopped its anti-crypto stance, even with the veto of the SAB 121 repeal
21:26 Why Anthony believes crypto is becoming a bipartisan issue, and how younger generations are driving this change in Washington
28:05 What three key elements would ideally be included in crypto legislation to ensure clarity and industry involvement in regulation
30:49 What happened to SkyBridge after selling a stake to FTX, and how they are riding the industry's “upswing”
38:00 What developments in Bitcoin ETFs could signal its recognition as an asset class and drive institutional adoption
40:00 What led SkyBridge to abandon its Bitcoin ETF application
43:23 What Anthony thinks is the best pitch for a spot Ether ETF to TradFi, and how expected inflows compare to Bitcoin ETFs
49:11 Anthony’s praise of Laura’s book
51:55 Why Anthony believes a Solana ETF might be the next big thing in crypto, despite SEC scrutiny and the need for a futures market first
55:20 Why SkyBridge is actively seeking new acquisitions and partnering with Parcl, a Solana-based decentralized real estate trading app
59:44 What Anthony's bullish predictions for Bitcoin and Ethereum are in the current cycle
Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com
Thank you to our sponsors!
Polkadot
Guest:
Anthony Scaramucci, Founder and Managing Partner at SkyBridge
Links
Recent coverage of Unchained on the political scenario in the US:
How the U.S. Government Can Protect the Dollar Through Stablecoins
Why Many Democrats, Including the White House, Have Come Around on Crypto
Senator Cynthia Lummis on Why Crypto Now Has Bipartisan Support in Congress
Learn more about your ad choices. Visit megaphone.fm/adchoices
Kristin Smith is the CEO of Blockchain Association and Anthony Scaramucci is the founder and managing partner of SkyBridge Capital.
In this episode, Smith and Scaramucci discuss the impact of crypto policy and politics on recent events, including the ETH ETF win, bipartisan support, and the influence of Trump and Biden.
The discussion highlights the significance of the crypto voter, the evolving stance of the White House, and the potential impact on elections.
OUTLINE
00:00 Introduction
00:38 Political Paradigm Shift
05:57 Biden WH Crypto Policy
08:09 Crypto 'Voting Bloc'
13:02 Trump's Crypto Flip Flop
16:33 Biden's Crypto Strategy
23:17 Closing Thoughts
This episode is brought to you by our sponsor Polkadot
Polkadot is the blockspace ecosystem for boundless innovation. To discover more head to polkadot.network
The Block Community
The Block is launching a new community experience for fans of The Scoop! Follow us on Lens to stay in the loop: hey.xyz/u/theblockcommunity
The Block Newsletters
The Block's newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit theblock.co/newsletters
Anthony Scaramucci is the founder and managing partner of SkyBridge Capital.
In this episode, Scaramucci reflects on the lessons he learned in the depths of last year's bear market, and explains why he believes the approval of a spot Bitcoin ETF in the U.S. will lead to hundreds of billions of dollars flowing into bitcoin in the near future.
OUTLINE:
00:00 - Introduction
05:28 - SkyBridge Strategy
10:15 - Conviction
14:49 - FTX Takeaways
18:39 - 2024 Projections
29:03 - Warren & Gensler vs. Crypto
33:57 - Spot Bitcoin ETF
39:15 - Market Tailwinds
45:13 - Closing Thoughts
This episode is brought to you by our sponsor, PayPal.
Make your crypto move with PayPal. Get started today at PayPal.com/crypto
Anthony Scaramucci is the founder and managing partner of SkyBridge Capital, an alternative asset manager with more than $2.2 billion in AUM, including $800 million in digital asset-related investments.
In this episode, Scaramucci explains how Elizabeth Warren's 2020 endorsement of Joe Biden positioned her as "de facto president for financial services and banking," and why he believes her "sidekick," SEC Chair Gary Gensler, is an "ambitious, single-minded politician, not focused on serving the people."
SkyBridge and FTX
FTX took a 30% stake in SkyBridge just two months before the exchange declared bankruptcy. Scaramucci has expressed interest in repurchasing FTX's stake in SkyBridge, as well as skepticism regarding the possibility of an FTX reboot later this year.
During this episode, Chaparro, Murray and Scaramucci also discuss:
Regulation outside the U.S.
Crypto's bipartisan support
The global decline of the U.S. dollar
This episode is brought to you by our sponsors Circle and CleanSpark.
About Circle
Circle is a global financial technology company helping money move at internet speed. Our mission is to raise global economic prosperity through the frictionless exchange of value. Visit circle.com/Scoop to learn more.
About CleanSpark
CleanSpark (NASDAQ: CLSK) is America’s Bitcoin Miner™. Visit cleanspark.com/theblock to learn more about the CleanSpark way.
As Anthony Scaramucci explained during his last appearance on The Scoop, his firm SkyBridge Capital began investing in bitcoin near the end of 2020.
Just under two years later, Scaramucci is positioned near the center of the burgeoning crypto industry, largely due to his role as Chair of finance conference business SALT, which partnered with FTX to host the first annual Crypto Bahamas conference in April of this year.
In this episode of The Scoop, Scaramucci tells the story of how he first met FTX’s Sam Bankman-Fried, and explains why upcoming regulatory clarity could signify “a floodgate opening” for bitcoin.
Out of the multiple structural tailwinds Scaramucci covers during the interview, he believes his prediction that a “cash bitcoin ETF will happen sometime this year” would likely have the biggest impact on the market, if it turns out to be true.
As Scaramucci hinted at during the show, “Buddies of mine have very large institutions, that unfortunately for right now have to remain nameless due to confidentiality, that are gearing up and ready to pounce on the Bitcoin cash ETF.”
According to a Nasdaq survey conducted in April, 72% of financial advisors polled indicated they would be more likely to invest client assets into crypto if there was spot ETF product available. Although the SEC has either rejected or delayed bitcoin spot ETF applications for years, Scaramucci believes that could all change soon, “given the saturation and the maturity of the market.”
In addition to a potential bitcoin spot ETF approval, Scaramucci also points to Fidelity’s recent announcement that it will allow clients to gain bitcoin exposure through their 401k accounts as another structural tailwind for bitcoin in the long run.
“Fidelity is about to do for bitcoin what it did for the mutual fund and the U.S. equity markets when the 401k programs came into existence in the 1980s."
Episode 47 of Season 4 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Anthony Scaramucci, Founder of SkyBridge Capital and Chair of SALT.
Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests to podcast@theblockcrypto.com.
This episode is brought to you by our sponsors Fireblocks, Coinbase Prime & Cross River
Fireblocks is an enterprise-grade platform delivering a secure infrastructure for moving, storing, and issuing digital assets. Fireblocks enables exchanges, lending desks, custodians, banks, trading desks, and hedge funds to securely scale digital asset operations through the Fireblocks Network and MPC-based Wallet Infrastructure. Fireblocks serves over 725 financial institutions, has secured the transfer of over $1.5 trillion in digital assets, and has a unique insurance policy that covers assets in storage & transit. For more information, please visit www.fireblocks.com.
About Coinbase Prime
Coinbase Prime is an integrated solution that provides institutional investors with an advanced trading platform, secure custody, and prime services to manage all their crypto assets in one place. Coinbase Prime fully integrates crypto trading and custody on a single platform, and gives clients the best all-in pricing in their network using their proprietary Smart Order Router and algorithmic execution. For more information, visit www.coinbase.com/prime.
About Cross River
Cross River is powering today’s most innovative crypto companies, with banking and payments solutions you can rely on, including fiat on/off ramp solutions. Whether you are a crypto exchange, NFT marketplace, or wallet, Cross River’s API-based, all-in-one platform enables banking as a service, ACH & wire transfers, push-to-card disbursements, real-time payments, and virtual accounts and subledgers. Request your fiat on/off ramp solution now at crossriver.com/crypto.
Anthony Scaramucci — the New York financier and former White House official — first jumped into the crypto fray at the end of last year.
Now, Scaramucci is going all in.
During the latest episode of The Scoop, the Skybridge Capital founder walks listeners through his journey to bitcoin. Skybridge first began investing in BTC at the end of last year.
"We have a full commitment to crypto," he remarked.
Since then, Skybridge has thrown its hat in the bitcoin exchange-traded product ring and also plans to launch an ETF that has exposure to publicly traded cryptocurrency companies.
Indeed, Skybridge is one of a number of U.S. companies vying to go to market with a bitcoin ETF. But the Securities and Exchange Commission has yet to give the nod to such a product, and the proposed ETF that's furthest along in the process — put forward by asset management company VanEck — is now the subject of an additional comment period. Other companies, like NYDIG, Fidelity and Cathie Wood's ARK Invest, are among those pursuing bitcoin ETF launches.
Skybridge also has plans to launch a private Ethereum fund.
"July 1st, we're launching a private Ethereum fund. We’ll then file for an ETF for Ethereum. Again, it is anybody's guess when those things will be going," he said.
Scaramucci went on to say:
"I can say — which is public information — that we did file for an ETF related to Bitcoin. We also have a UIT with a company out of Wheaton, Illinois, called First Trust… as we're speaking, we're making an announcement on an ETF for a digital innovation fund that has some great publicly traded assets that we think are geared related to [Ethereum], related to Bitcoin, but also the other coins."
Scaramucci believes he can lean on his Wall Street chops for product adoption. He cited Morgan Stanley’s buy-in to SkyBridge’s digital asset portfolio as another example of Wall Street’s appetite for Bitcoin. “Morgan Stanley is a very big part of our business."
Episode 36 of Season 3 of The Scoop was recorded remotely with The Block’s Frank Chaparro and SkyBridge Capital's Anthony Scaramucci.
Listen below, and subscribe to The Scoop on Apple, Spotify, Google Play, Stitcher or wherever you listen to podcasts. Email feedback and revision requests to podcast@theblockcrypto.com.
This episode is brought to you by our sponsors Eventus, Kraken, and Exodus
Eventus is the leading global provider of multi-asset class trade surveillance, transaction monitoring and market risk solutions. Eventus offers a powerful, award-winning trade surveillance platform that is easy to deploy, customize and operate. Eventus is proven in the most complex, high-volume and real-time environments and supports many of the industry’s leading crypto exchanges including Coinbase, Gemini, ErisX and OSL. The company’s rapidly growing client base relies on Eventus’ responsive support and product development teams to overcome its most pressing regulatory challenges.
About Kraken
Whether you’re an experienced crypto trader or just starting out, Kraken has the tools to help you achieve financial freedom. With 50+ cryptocurrencies to choose from, industry-leading security and a wide variety of features to suit any investing strategy, Kraken puts the power in your hands to buy, sell and trade digital assets. Visit Kraken.com to get started today.
About Exodus
Exodus is leading the world out of traditional finance by building beautiful and user-friendly crypto products. Forget having to learn the nuances of different cryptocurrencies. Exodus is designed for everyone and hides the complex details behind a beautiful and intuitive interface.
Buy and sell one cryptocurrency for another from the comfort of your wallet, in seconds. Funds remain under your full control.
Secure, manage, stake, and exchange all of your favorite cryptocurrencies from one wallet. No account registration is required. Download Exodus at Exodus.com or directly from Google Play and the iOS App Store and you’re ready to go.
If recent headlines are any indication, Wall Street's slow embrace of bitcoin – or, at least, financial instruments tied to it – is beginning to pick up the pace.
Earlier this week, it was reported that JPMorgan is offering banking services to cryptocurrency exchanges Coinbase and Gemini. And macro investor Paul Tudor Jones recently revealed that he allocated as much as 2% of his assets to bitcoin, while his fund has opened to door to buying bitcoin futures. Elsewhere, derivatives markets are heating up with volumes and open interest on CME Group's bitcoin option contract hitting fresh highs on Thursday.
Market participants point to the juxtaposition of central bank money printing and bitcoin's fixed-supply – the latter of which was very much on display this week during the halving event – as one catalyst for recent interest.
On this episode of The Scoop, Skybridge Capital's Anthony Scaramucci explores these developments and why he is "there" when it comes to being convinced to allocate some capital to bitcoin.
"Paul is closed for new investors, but if he wasn’t closed for new investors, I would be in his fund," Scaramucci said. "And I have no problem owning, as a pass-through through his fund, some level of digital currency exposure."
In this episode, the former 10-day-long White House communications director said that Jones has helped the idea of owning bitcoin acceptable go mainstream.
An admitted non-crypto expert, Scaramucci said there is a technological opportunity for peer-to-peer transfer of value with permanency.
"There is an era coming where everybody is going to want to own something that is less manipulated by the governments as it relates to a store of value," he said.
Scaramucci said that a few more announcements like Paul Tudor Jones' revelation that he will take on exposure to bitcoin will cause the "wall to fall down."
We also explore:
Why Scaramucci recently moved close to $300 million to legendary hedge funds Bridgewater Associates, Oaktree Capital, and Third Point, and why his fund and others suffered during the first part of the year
Why the pandemic hit the structured credit market especially hard relative to equities
The implications of the liquidity the Fed is injecting into the economy, and why money printing can last longer than we think
Why the crypto rush will happen, but not as quickly as people want it to – and why he doesn't buy the threat to the dollar in the near future
Scaramucci gives us an inside look on what's going on in Washington and why Libra would be an unmitigated disaster from the government's perspective
This episode of The Scoop is brought to you by Bitstamp, the original global cryptocurrency exchange. Since 2011, Bitstamp has been a cornerstone of the industry, earning the trust of over four million individuals and top financial institutions looking for a reliable trading venue. Whether you’re trading on our web platform, mobile app or industry-leading APIs, Bitstamp gives you the professional-grade tools you need to execute your strategy. Download the Bitstamp app or visit Bitstamp.net/Pro to learn more and start trading today!
This episode was also brought to you by PAX Gold, the world’s only regulated gold token. It’s the fastest and easiest way to own and trade the highest-quality physical gold. One PAX Gold token represents one fine troy ounce of a 400 oz London Good Delivery gold bar, stored in Brink’s vaults in London. When you buy PAX Gold, you own physical gold.
The value of PAX Gold is always tied directly to the real-time market value of gold.PAXG is an ERC-20 token on Ethereum, and can easily be moved or traded anywhere in the world, 24/7. With PAXG, anyone can now own a fraction of an LBMA-accredited London Good Delivery gold bar with zero storage fees. Trade it today on leading exchanges like Kraken, FTX and itBit. Or, earn interest on your PAX Gold holdings through Nexo or Crypto.com. Learn more or purchase PAX Gold at paxos.com/paxgold