GCEX has expanded its digital asset offering by introducing trading in tokenised gold products, allowing institutional and professional clients to access gold-backed tokens through its trading infrastructure.
The new service enables clients to trade Pax Gold and Tether Gold against stablecoins and the U.S. dollar, offering exposure to physical gold through blockchain-based instruments.
The development follows the company’s recent addition of gold futures CFDs and forms part of a broader expansion of digital asset products available through its platform.
Gold Exposure Through Tokenised Assets
The newly introduced trading pairs allow clients to transact Pax Gold and Tether Gold against USDC, USDT and the U.S. dollar.
These instruments are designed to track the value of physical gold while remaining transferable through blockchain networks.
Tokenised gold products represent ownership claims linked to physical gold reserves held in vaults by the issuing entities.
The tokens can be transferred on-chain and traded continuously through digital asset markets.
According to GCEX, the instruments are available for trading on a 24-hour basis throughout the year.
This structure allows market participants to access gold exposure through digital asset infrastructure rather than traditional commodity markets.
Gold Tokens Represent Allocated Metal
Pax Gold is issued by Paxos Trust Company and operates as an ERC-20 token on the Ethereum blockchain.
Each Pax Gold token represents one fine troy ounce of London Good Delivery gold stored in vaults accredited by the London Bullion Market Association.
The issuer states that token holders maintain ownership rights to the underlying gold and that the holdings are subject to independent monthly audits.
Tether Gold represents a similar structure.
The token is issued by TG Commodities and represents one troy ounce of 99.99 percent pure physical gold stored in vaults in Switzerland.
According to the issuer, token holders have ownership claims on specific gold bars and the reserves are subject to periodic attestations.
Trading Available in Token and CFD Formats
GCEX stated that tokenised gold can be traded directly against stablecoins and the U.S. dollar.
In addition to spot-style token trading, the firm also provides contracts for difference linked to the same gold-backed tokens.
When traded as CFDs, the contracts are settled in U.S. dollars and do not involve ownership of the underlying tokenised asset.
This structure allows institutional traders to gain price exposure to tokenised gold while using derivative instruments.
The availability of both token trading and derivative products reflects increasing demand for digital representations of traditional commodities.
Institutional Demand for Tokenised Commodities
Tokenisation has emerged as a method for representing traditional financial assets on blockchain networks.
Commodity tokenisation allows assets such as gold to be transferred digitally while maintaining a link to physical reserves.
Supporters of this model argue that blockchain infrastructure can simplify settlement and expand access to commodity markets.
Digital tokens representing commodities can be transferred between wallets and trading platforms without the operational processes associated with physical metal trading.
Institutional trading firms have increasingly explored tokenised assets as part of broader digital asset market infrastructure.
Company Statement on Tokenised Gold Expansion
Lars Holst, Chief Executive Officer of GCEX Group, commented on the addition of tokenised gold trading.
Lars Holst, Chief Executive Officer of GCEX Group, commented, “Following the introduction of Gold Futures CFDs last month, the addition of tokenised gold trading represents a natural next step in expanding our offering.”
He said the company expects institutional clients to use the product as a way to access gold through blockchain-based settlement systems.
Lars Holst, Chief Executive Officer of GCEX Group, commented, “We look forward to offering institutional clients efficient, fully on-chain access to physical gold via leading tokenised products.”
Holst added that the offering allows clients to transact gold using digital settlement infrastructure.
Lars Holst, Chief Executive Officer of GCEX Group, commented, “It is an offering which is welcomed by clients as it enables them to trade through digital settlement mechanisms.”
Digital Prime Brokerage Services
GCEX operates as a digital prime brokerage that provides trading infrastructure for institutional participants across foreign exchange and digital asset markets.
The firm offers liquidity connectivity, risk management tools and trading technology through its XplorDigital platform.
The platform includes technology frameworks designed for brokers and financial institutions entering digital asset markets.
These frameworks include turnkey technology packages that combine trading infrastructure, connectivity and liquidity access.
The company operates from offices in several international financial centres including London, Copenhagen, Dubai, Kuala Lumpur and Glasgow.
Its regulatory framework includes authorisation from financial regulators in the United Kingdom, Denmark and Dubai for different areas of its business.
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