Pax Gold (PAXG) Transparency Reports
We make every report available – because your money matters.
Pax Gold (PAXG) Transparency Reports
We make every report available – because your money matters.
Fostering trust through verification
Attestations*
*WithumSmith+Brown, PC is an independent third-party accounting firm. Their appointment as Paxos’ examination provider has been approved by Paxos’ prudential regulator, the New York Statement Department of Financial Services, as detailed in Section 3 of their Dollar-Backed Stablecoins guidance.
PAXG
A digital token, backed by physical gold
Regulated
Highest industry standards
Pax Gold – and their reserves – are subject to strict regulatory oversight by the New York State Department of Financial Services, meeting the highest standards of consumer protection.
1:1 Redemption
Always available
Pax Gold is the only gold token you can redeem for LBMA-accredited Good Delivery gold bullion bars. Institutional customers can also redeem for unallocated Loco London Gold. Paxos customers can always redeem for USD at current gold market prices.
Bankruptcy Remote
Assets fully segregated
Under New York banking law, in the event of Paxos Trust insolvency, customer assets would not be used to satisfy the debts of Paxos because client assets are held bankruptcy remote.
Regulation & Transparency
Building trust in digital assets with regulated blockchain infrastructure & regulated, fully-backed USD stablecoins.
Learn More: Paxos’ Trust, Transparency and Stability
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From Forbes. © 2020 Forbes. All rights reserved. Used under license.
From Fortune. © 2020 Fortune Media IP Limited All rights reserved. Used under license.
From The New York Times. © 2015 The New York Times Company. All rights reserved. Used under license.