What partners is Paxos working with?
Paxos has partnered with several leading third parties in the gold industry so that it can offer physical redemption of PAX Gold (PAXG) tokens. These partners include Brink’s (for storing…
Paxos has partnered with several leading third parties in the gold industry so that it can offer physical redemption of PAX Gold (PAXG) tokens. These partners include Brink’s (for storing…
Physical gold on the blockchain has the advantages of representing legal ownership of physical allocated gold without the associated drawbacks of limited transportability or high storage costs. Instead, it has…
When a customer trades for allocated gold bars, they receive ownership rights to specific gold bars that are held in a precious metal dealer’s vault on the customer’s behalf. Allocated…
Since one PAX Gold (PAXG) token always equals one fine troy ounce of London Good Delivery gold, one PAXG token always refers to pure gold, regardless of the impurities that…
“Good Delivery” is the highest quality, investment-grade gold. It is a specification system standardized by the London Bullion Market Association (LBMA). To be deemed London Good Delivery, a bar of…
A fine troy ounce is the standard unit of measurement for gold. It considers both the purity of the metal (fineness) and its weight (troy ounce). Paxos uses a fine…
New US Dollar-Backed Token to be Listed on Huobi Global in July LOS ANGELES and NEW YORK, July 17, 2019 /PRNewswire/ -- Stable Universal Limited, a U.S.-based crypto startup venture, today announced it will…
By Srinivas Gumdelli & Nathan Typanski Migrations to Kubernetes are inherently messy. While progress has been made in recent years with StatefulSet and persistent volumes, these are relatively young features…
Binance, the world’s largest cryptocurrency exchange by volume, and Paxos, the first regulated Trust company for digital assets, today announced a partnership to integrate a new deposit gateway on Binance.com.…
Yes. We are regularly subject to examination by the NYDFS, and independent third-party auditors routinely audit our financials and assess our controls across financial reporting, operations, compliance and information security,…
Yes, Paxos is a New York State-chartered trust company regulated by the New York State Department of Financial Services (NYDFS). As a trust company, Paxos is subject to a higher…
On May 31, 2019, Paxos issued its ninth monthly attestation of PAX and USD reserves. Each month, our independent auditor reviews and attests to Paxos’ reserves. Click here to review…