Asset backed crypto like PAXG

I personally think it would be really beneficial for the nash exchange to expand the markets from “crypto only” as soon as possible. I know we don’t have the proper licence for listening securities at the moment. But what is about for example crypto backed gold like PAXGOLD (PAXG)? It seems really similar to a stable coin like USDC which we already have for some countries live. Do we really need a security licence for this? Just wondering, because I think it would be really nice addition.