New Wallet Bridges $10.6M ETH for Tokenized Gold via NEAR Intents
Lookonchain reports the entity has already spent $1.57 million to acquire PAXG after moving funds through the NEAR ecosystem.
ETH
NEAR
PAXG
Summary
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Terms & Concepts
PAXG (Paxos Gold): An asset-backed digital token where one token represents one fine troy ounce of a physical London Good Delivery gold bar.
NEAR Intents: A transaction mechanism within the NEAR Protocol ecosystem designed to facilitate complex cross-chain operations and user-defined outcomes.