Pax Silver and VittaGems represent two structurally different approaches within asset backed tokens and blockchain finance. Pax Silver is a traditional silver backed token where each unit represents one troy ounce of physical silver stored in LBMA-certified vaults, while VittaGems is a multi-asset backed utility token combining gold, diamonds, and mining exposure with integrated yield generation. The comparison highlights a shift from pure commodity replication to diversified, utility-driven tokenized assets.
What Are Asset-Backed Tokens?
Asset backed tokens are digital assets supported by real world assets such as precious metals, commodities, or other physical reserves. These tokenized assets enable:
Silver and gold backed tokens represent the foundational layer of this category, while newer models expand into multi-asset frameworks.
Overview of Pax Silver (PAXS)
Core Concept
Pax Silver (PAXS) is a digital token backed 1:1 by physical silver, where each token represents one fine troy ounce of investment-grade silver stored in LBMA vaults in London.
Ownership of the token corresponds directly to ownership of allocated silver held in custody.