Ethereum
Solana
Base
Polygon
VNXAU is backed 1:1 by allocated LBMA-grade physical gold held by VNX Commodities AG under Liechtenstein's TVTG token framework. Unusually for a European gold token it trades most actively on Solana, where Prism measured a $277,000 pool that fills $10,000 at roughly 1% impact; deployments also exist on Ethereum, Base, Polygon and Etherlink.
Liechtenstein-regulated gold, one token per gram, live on five chains.
Prism analyst note
VNXAU is the European counterweight to PAXG and XAUT: gram-denominated, Liechtenstein-regulated, and the rare gold token whose deepest market is on Solana. The $277k pool fills retail and mid-size orders cleanly. Smaller float and less brand recognition than the majors, but a genuinely distinct jurisdiction and chain footprint.
Generated from issuer disclosures and reviewed against the sources listed below. Not investment advice.
Structure & compliance
- Underlying
- Allocated LBMA-grade physical gold, 1 gram per token
- Legal structure
- Asset-referenced token under Liechtenstein TVTG, 1 g allocated gold per token
- Jurisdiction
- Liechtenstein
- Custodian
- Professional precious-metals custodian (issuer-disclosed)
- Administrator
- VNX Commodities AG
- Reserve information
- Issuer publishes allocation reports under its TVTG registration. Prism verified the contracts and live routing; vault contents are the issuer's audited claim.
- Transfer restrictions
- Freely transferable: the active public Solana pool is itself the proof; issuer mint and redemption require VNX onboarding.
- Investor eligibility
- Open / permissionless
- KYC required
- No, permissionless transfers
- Launched
Reserve verification
Contracts & on-chain data
Etherlink (Tezos L2)Documents & disclosures
Frequently asked
How is this different from PAXG or XAUT?+
Same idea, allocated physical gold per token, but gram-denominated, regulated in Liechtenstein rather than New York or BVI, and most liquid on Solana.
