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Easily convert PAXG to IVVON with ConvertOnline's efficient tool.
PAX Gold (PAXG) is a digital asset that represents a claim on physical gold, where each token is backed by one fine troy ounce of gold stored in professional vaults. It combines the stability of gold with the efficiency of blockchain technology, allowing users to trade, transfer, and hold gold in a digital format.
The iShares Core S&P 500 Tokenized ETF (Ondo) (IVVon) is a cryptocurrency designed to represent shares of the S&P 500 index in a decentralized format. It allows investors to gain exposure to the performance of the 500 largest publicly traded companies in the U.S. stock market through a blockchain-based token, providing the benefits of both traditional equity investment and the advantages of digital assets.