Foundation (Passport) vs Paxos Gold (PAXG)
Foundation (Passport) vs Paxos Gold (PAXG): What the Data Shows
Foundation (Passport) (dedicated custody) and Paxos Gold (PAXG) (tokenized-gold) serve different corners of the Bitcoin ecosystem, but the question that matters most is the same: who controls the keys? The scores are close — Foundation (Passport) at 82/100 (A-) and Paxos Gold (PAXG) at 76/100 (B). When the gap is this narrow, the details matter: custody model, single points of failure, and the fine print on fees.
Where Each Platform Wins
Custody and security — the most heavily weighted category in our methodology at 35% — tilts 5 points toward Foundation (Passport) (85 vs. 80). Foundation (Passport) eliminates single points of failure in its custody architecture, while Paxos Gold (PAXG) relies on a model where one compromised entity could put your bitcoin at risk. On fees, Foundation (Passport) wins by 18 points. Foundation (Passport) charges ~$200 compared to 0.02% on-chain transfer fee at Paxos Gold (PAXG). Over a multi-year holding period, fee differences compound — a point worth considering for long-term accumulators.
The Custody Question
Here's the key difference: Foundation (Passport) has no single point of failure (Hardware Wallet), while Paxos Gold (PAXG) does (Brink's Vaults + NY DFS Regulated). This matters because a single-point-of-failure model means one compromised entity — whether through a hack, insolvency, or government action — could result in total loss of funds. History has proven this risk is not theoretical. FTX, Celsius, and BlockFi all represented single points of failure for their users.
Bottom Line
Foundation (Passport) edges out Paxos Gold (PAXG) by 6 points. It's a close call, and the right choice depends on your specific situation — how much bitcoin you're holding, how often you need access, and whether you prioritize open source hardware and software. beautiful industrial design. bitcoin-only. over each paxg token backed by one troy ounce of london good delivery gold in brink's vaults. ny dfs regulated. monthly attestations. unique: individual bar serial number lookup per token holder.. Keep in mind these platforms target different audiences — Foundation (Passport) is built for bitcoin purists, while Paxos Gold (PAXG) serves gold investors & institutions. One thing to watch with Paxos Gold (PAXG): paxos as single issuer and regulatory entity. physical gold concentration in london vaults. minimum 430 paxg ($1m+) for physical redemption..
Which is better, Foundation (Passport) or Paxos Gold (PAXG)?
Based on our six-category scoring methodology, Foundation (Passport) scores higher at 82/100 compared to 76/100. The biggest differentiator is custody security, which accounts for 35% of the overall score. However, the right choice depends on your individual needs — review the category breakdown above.
Is Foundation (Passport) safe for storing Bitcoin?
Foundation (Passport) scored 85/100 on custody and security in our methodology. It has no single point of failure, distributing custody across multiple entities. Its custody model is classified as Hardware Wallet. Always verify these details and do your own research.
Does Paxos Gold (PAXG) have a single point of failure?
Yes. Paxos Gold (PAXG) uses a Brink's Vaults + NY DFS Regulated model, which means a single compromised entity could put your bitcoin at risk. This is a structural concern for long-term holders.
What are the fees for Foundation (Passport) vs Paxos Gold (PAXG)?
Foundation (Passport) charges ~$200. Paxos Gold (PAXG) charges 0.02% on-chain transfer fee. Foundation (Passport) scored 90/100 on fees versus 72/100 for Paxos Gold (PAXG) in our methodology.