{"@context":"https://schema.org","@type":"Dataset","name":"Tokenized treasuries, gold and real-world assets matrix","description":"Who custodies the assets behind tokenized treasuries and gold? The token is a claim; the column that matters is what backs it and who holds that.","url":"https://proofofcustody.io/data/matrix.json?category=tokenized","creator":{"@type":"Organization","name":"Proof of Custody","url":"https://proofofcustody.io"},"publisher":{"@type":"Organization","name":"Proof of Custody","url":"https://proofofcustody.io"},"license":"https://creativecommons.org/licenses/by/4.0/","isAccessibleForFree":true,"inLanguage":"en","dateModified":"2026-03-02","asOf":"2026-03-02","status":"fresh","cadence":"Records monthly; corrections as verified","upstream":null,"method":null,"citation":"Proof of Custody, \"Tokenized treasuries, gold and real-world assets matrix\", https://proofofcustody.io/data/matrix.json?category=tokenized, as of 2026-03-02","publisherDisclosure":"Proof of Custody is published by Onramp Bitcoin, which is scored by the same methodology as every other platform and does not control rankings or coverage.","readMe":{"staleness":"Check `status` and `asOf`. A `stale` status means the last pull failed and this is the previous snapshot. The change feed at /data/changes.json lists corrections and methodology changes.","coverage":"Coverage is selected, not exhaustive. Absence from a dataset is not evidence about the thing absent.","upstream":"Where `upstream` names another publisher, the numbers are theirs, credited; Proof of Custody adds the envelope, the as-of discipline and the daily check.","columns":"score (editorial), custodyModel, spof (single point of failure), independence (pillars met of 4), insurance and insuranceBasis (provider statement), regulatory, qualifiedCustodian (per provider), fees, minimum, incidents (registry count), asOf (record date)."},"category":"tokenized","page":"https://proofofcustody.io/compare/matrix/tokenized","count":6,"rows":[{"slug":"blackrock-buidl","name":"BlackRock BUIDL","score":80,"custodyModel":"Multi-Institution (BNY Mellon + Securitize)","spof":false,"independence":"3/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"SEC-Registered Fund; Securitize: SEC Transfer Agent + FINRA Broker-Dealer","qualifiedCustodian":"Yes","fees":"0.50% management fee","minimum":"$100K (via Securitize)","incidents":0,"asOf":"2026-03-02","isPublisher":false,"url":"https://proofofcustody.io/platform/blackrock-buidl"},{"slug":"franklin-templeton-benji","name":"Franklin Templeton BENJI","score":78,"custodyModel":"SEC-Registered Fund (Franklin Templeton)","spof":true,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"SEC-Registered Investment Company (1940 Act); FINRA","qualifiedCustodian":"Yes","fees":"0.20% expense ratio","minimum":"$20 (via Benji app)","incidents":0,"asOf":"2026-03-02","isPublisher":false,"url":"https://proofofcustody.io/platform/franklin-templeton-benji"},{"slug":"securitize","name":"Securitize","score":78,"custodyModel":"SEC Transfer Agent + FINRA Broker-Dealer","spof":true,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"SEC Transfer Agent; FINRA Broker-Dealer (Securitize Markets); SEC Reg D/S","qualifiedCustodian":"No","fees":"Platform + origination fees","minimum":"Varies by fund","incidents":0,"asOf":"2026-03-02","isPublisher":false,"url":"https://proofofcustody.io/platform/securitize"},{"slug":"ondo-finance","name":"Ondo Finance","score":76,"custodyModel":"BlackRock BUIDL-Backed (OUSG) + Ankura Trust","spof":true,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"SEC Reg D exempt offering","qualifiedCustodian":"No","fees":"0.15% management fee (OUSG)","minimum":"$5K (USDY) / $100K (OUSG)","incidents":0,"asOf":"2026-03-02","isPublisher":false,"url":"https://proofofcustody.io/platform/ondo-finance"},{"slug":"paxos-gold-paxg","name":"Paxos Gold (PAXG)","score":76,"custodyModel":"Brink's Vaults + NY DFS Regulated","spof":true,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"NY DFS Trust Charter","qualifiedCustodian":"Yes","fees":"0.02% on-chain transfer fee","minimum":"$20 (on exchanges)","incidents":0,"asOf":"2026-03-02","isPublisher":false,"url":"https://proofofcustody.io/platform/paxos-gold-paxg"},{"slug":"tether-gold-xaut","name":"Tether Gold (XAUT)","score":64,"custodyModel":"Swiss Vault Custody (Tether-Managed)","spof":true,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"British Virgin Islands","qualifiedCustodian":"No","fees":"0.25% creation fee","minimum":"$50 (on exchanges)","incidents":0,"asOf":"2026-03-02","isPublisher":false,"url":"https://proofofcustody.io/platform/tether-gold-xaut"}]}