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Popular banking institution, Nexo has revealed the purchase of $5 million worth of PAX Gold (PAXG) as it looks to meet the public need for tokenized gold lending and borrowing services. This latest purchase has accelerated the market cap of PAX Gold (PAXG) with the value rising to over $11 million making it twice the size of the next biggest digital gold token. This development has been in the works since Nexo announced that its instant Crypto Credit Lines would support PAXG. Increase In Demand For Tokenised Gold Led To The $5 million Investment By Nexo According to Nexo, there was a
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