Paxos Gold (PAXG) is an ERC-20 token backed 1:1 by physical London Good Delivery gold bars stored in Brink's vaults in London. Each PAXG token represents one troy ounce of gold. Paxos is regulated by the NY DFS and publishes monthly attestations by WithumSmith+Brown. Uniquely, PAXG holders can look up the specific serial numbers of gold bars allocated to their holdings.
Visit Paxos Gold (PAXG)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.
Paxos as single issuer and regulatory entity. Physical gold concentration in London vaults. Minimum 430 PAXG ($1M+) for physical redemption.
1 independent party or system must fail before a Paxos Gold (PAXG) holder's bitcoin is at risk.
Paxos Gold (PAXG)'s custody insurance is not publicly disclosed.
Paxos Gold (PAXG) uses a brink's vaults + ny dfs regulated model and scores 76/100 in our independent review, including 80/100 on custody security. One institution can move funds, which is a single point of failure. Safety depends on your priorities; see the full score breakdown above.
Paxos Gold (PAXG)'s custody insurance is not publicly disclosed in a form we can verify. Where it exists, custody insurance covers specific named events up to shared limits and does not cover price loss. Confirm coverage in writing before relying on it.
Because Paxos Gold (PAXG) holds custody through a single institution, recovery in a failure would run through that institution's bankruptcy or resolution process and depends on whether assets were segregated and properly titled. This is the concentration risk of single-custodian models.
Paxos Gold (PAXG) does not advertise a dedicated inheritance or beneficiary feature in the data we track. Confirm current options with the provider, since custody inheritance handling changes.