Is PaXG legit?

With the rapidly evolving landscape of cryptocurrencies, many investors are left wondering about the legitimacy of various coins and tokens. One such coin that has piqued the interest of many is PaXG. But, is PaXG legit? Questions surrounding PaXG's authenticity stem from its unique position as a physically backed digital gold token. The claim of being backed by physical gold raises the stakes for investors, who want to ensure that their investments are safe and secure. To truly assess the legitimacy of PaXG, one must delve deeper into its operations, team, partnerships, and regulatory compliance. Has PaXG undergone rigorous audits? Does it have a solid track record? What kind of partnerships does it have with established institutions? Answering these questions can help investors gain a clearer understanding of whether PaXG is indeed a legitimate and trustworthy investment option.