Ashfaq, Muhammad; Pfeifer, Maximilian; Gürpinar, Tan; … - In: FinTech 5 (2026) 1, pp. 1-13
This paper examines the relationship between traditional gold (XAU) and its tokenized counterparts (PAXG and XAUT), providing an empirical assessment of how digital representations of real-world assets align with their underlying benchmarks. Using multi-year time series data, the study evaluates...