GCEX Expands Institutional Offering with Tokenized Gold Trading

GCEX Group, a London-based provider of digital assets, forex solutions, and trading technology, has added tokenized gold trading to its institutional and professional client offerings, according to a company release. The service is offered through relevant GCEX entities in line with their regulatory permissions.

The development allows clients to trade Pax Gold (PAXG) and Tether Gold (XAUt) against major stablecoins (USDC and USDT) and USD. GCEX emphasizes fully on-chain exposure to physical gold, providing 24/7 access to liquidity in leading gold-backed tokens. The group also enables trading of PAXG and XAUt as CFDs against USD, where profit and loss are settled in fiat without direct ownership of the underlying assets.

Token Details and Regulatory Oversight

Pax Gold (PAXG) is an ERC-20 token issued by Paxos Trust Company, regulated by the New York Department of Financial Services (NYDFS). Each PAXG token represents one troy ounce of London Good Delivery gold held in LBMA-accredited London vaults. Token holders benefit from direct ownership rights, independent monthly audits, and full bar-level transparency.

Tether Gold (XAUt), issued by TG Commodities, represents one troy ounce of 99.99% pure gold stored in secure Swiss vaults. The token supports easy on-chain transferability with quarterly attestations to ensure transparency.

Institutional Access and Risk Disclosure

Carmen Tan, Managing Director of GCEX MENA, said:
"Following the introduction of Gold Futures CFDs last month, tokenized gold trading represents a natural next step. It provides institutional clients efficient, fully on-chain access to physical gold via leading tokenized products and digital settlement mechanisms."

CFD trading remains restricted to institutional and professional clients, with clear risk disclosure: CFDs are complex and carry a high risk of capital loss. Retail investors do not have access to these products.

GCEX Institutional Technology Suite

GCEX Group delivers a full range of forex and crypto-native technology solutions under its XplorDigital suite, including the XplorDigital App, plug-and-play solutions, and “Crypto in a Box” and “Broker in a Box” platforms. The suite addresses regulatory compliance, staking solutions, liquidity, connectivity to price makers, risk management, and institutional technology partnerships.

Regulatory Footprint

GCEX is regulated by the UK Financial Conduct Authority (FCA), authorised by the Danish Financial Supervisory Authority (Finanstilsynet) under MiCA as a Crypto-Asset Service Provider, and holds a Virtual Asset Service Provider license from the Dubai Virtual Assets Regulatory Authority (VARA). True Global Ventures are investors in the group.