Plan fulfillment
SlotStatusClasses covered
Bar listRejected-retryIssuer-docs
Vault custodyRejected-retryIssuer-docs
In-kind redemptionFilled-verifiedAggregator, issuer-docs
AttestationsFilled-verifiedIssuer-docs
CustodianFilled-verifiedIssuer-docs
NetworksFilled-verifiedAggregator, issuer-docs
Canonical deploymentFilled-verifiedAggregator, issuer-docs
Bridge providerFilled-verifiedIssuer-docs
Bridge custodyEmptyNone
Oracle dependenciesFilled-verifiedIssuer-docs
Supply and mint authorityFilled-verifiedIssuer-docs
Key managementEmptyNone
Incident responseFilled-verifiedIssuer-docs
Monitoring and attestationFilled-verifiedIssuer-docs
Bridge & oracleRejected-retryIssuer-docs
What it isFilled-verifiedIssuer-docs
How it worksFilled-verifiedIssuer-docs
CategoryFilled-verifiedAggregator, issuer-docs
Holder's claimFilled-verifiedIssuer-docs
Underlying issuerFilled-verifiedIssuer-docs, aggregator, registry
CompositionFilled-verifiedIssuer-docs, aggregator
Structure & qualityRejected-retryIssuer-docs
Yield sourceFilled-verifiedIssuer-docs, aggregator
Yield mechanicsRejected-retryAggregator, issuer-docs
Legal entityRejected-retryIssuer-docs, aggregator, registry
What the issuer doesFilled-verifiedIssuer-docs, aggregator
LaunchedFilled-verifiedAggregator, issuer-docs
Operating historyFilled-verifiedIssuer-docs
Service providersRejected-retryAggregator, audit, issuer-docs
RegimeFilled-verifiedIssuer-docs, regulator, aggregator
VehicleFilled-verifiedIssuer-docs
Bankruptcy remoteEmptyIssuer-docs
If the issuer failsFilled-verifiedIssuer-docs
Transfer restrictionsFilled-verifiedIssuer-docs
CustodiansFilled-verifiedIssuer-docs
Attestation frequencyEmptyIssuer-docs
AuditsRejected-retryIssuer-docs
Admin powersFilled-verifiedIssuer-docs
UpgradeabilityFilled-verifiedIssuer-docs
Mint authorityFilled-verifiedNone
Freeze authorityFilled-verifiedNone
Fee scheduleFilled-verifiedIssuer-docs
Exit pathsFilled-verifiedIssuer-docs
Underlying / economicFilled-verifiedIssuer-docs
Credit / counterpartyFilled-verifiedIssuer-docs
Issuer failureFilled-verifiedIssuer-docs
Hack / smart contractRejected-retryIssuer-docs
RegulatoryFilled-verifiedIssuer-docs
Exit riskFilled-verifiedIssuer-docs
Who can hold/mintRejected-retryAggregator, issuer-docs
Source documentsFilled-verifiedLegal-terms, issuer-docs
Evidence gaps
Audits — searched, not found: The corpus identifies no dated PAXG fund audit, audit scope, or responsible audit firm.
Audits — searched, not found: The corpus identifies no PAXG smart-contract auditor, audit scope, or audit date.
Bridge custody — searched, not found: The corpus provides no PAXG-specific bridge-lock location, collateral contracts, controllers, entities, or signer information.
Key management — searched, not found: The corpus provides no multisig threshold, signer identities, signer distribution, key-custody arrangement, or privileged-action timelock.
Bridge & oracle — searched, not found: The corpus does not identify PAXG bridge deployments, collateral-locking mechanisms, or oracle dependencies.
Who can hold/mint — searched, not found: The corpus does not establish restrictions applicable solely to secondary-market holding.
Rejected facts
Who can hold/mintPAXG serves U.S. and global retail investors in the primary market.DisputedMore
Paxos requires identity and beneficial-owner verification for direct access. Minors and persons unable to contract cannot use the platform. Paxos individually approves certain non-U.S. customers.
Sources · 5
Omission: 235cff3c distinguishes individual Customers (personal use only) from entity Customers (commercial use only) — directly relevant to 'investor classes' — and is not reflected in the value.
Omission and mis-scoped unknown: the slot explicitly asks for excluded jurisdictions, but the value is silent and the unknown note only disclaims secondary-market restrictions. Evidence 1a1483bb ('USD Stablecoins made available in your jurisdiction') indicates jurisdictional gating exists and is unaddressed; the accredited/qualified-purchaser question is also left implicit (evidence supports retail with no accreditation requirement).
Source/scope conflation: 272e87c3 ('U.S. and Global Retail') is a third-party rwa.xyz asset characterization, not a Paxos mint/redeem eligibility statement, yet it is used to assert primary-market investor classes. This blends a secondary-source classification with the Paxos KYC terms and does not cleanly answer the direct mint/redeem vs secondary-holding distinction the slot requires.
paxos.com ↗“In creating an Account, you will be asked to provide certain registration details and information about you (including, but not limited to, your name, address, date of birth, tax identification number and other information about your beneficial owners and authorized users to the extent applicable). We may also ask to see your driver’s license or other identifying documents as part of the onboarding process.”
Hack / smart contractA compromised private key may cause theft or unrecoverable loss. Cyberattacks may prevent asset access.UnverifiedMore
Fraudulent blockchain transactions may be irreversible.
Sources · 3
paxos.com ↗“crypto assets in a given address are controlled by the private key of the holder of the address. If the private key is compromised or lost, the crypto assets in that address may be stolen or lost and otherwise unrecoverable;”
paxos.com ↗“the nature of crypto assets may lead to an increased risk of fraud or cyberattack and may mean that technological difficulties experienced by Paxos may prevent access to, or use of, your crypto assets”
paxos.com ↗“transactions in crypto assets may be irreversible, and accordingly, losses due to fraudulent or accidental transactions may not be recoverable;”
Verifier note: panel 0/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The Paxos terms support the generic risks of compromised or lost private keys, fraud or cyberattack, loss of access from technological difficulties, and irreversible fraudulent transactions. | anthropic: unsupported — goal-fit: The three quoted risk-disclosure clauses (5.3(h) private-key compromise/loss, 5.3(l) fraud/cyberattack and Paxos technological difficulties, 5.3(f) irreversible transactions) are verbatim-ac
Bridge & oraclePaxos does not control blockchain networks or guarantee their security, functionality, or availability. Network forks may leave affected assets unsupported.DisputedMore
Paxos technology failures may prevent asset access.
Sources · 4
Value is non-responsive to the slot. The slot asks specifically about bridge compromise, locked-collateral failure, and false/stale/unavailable oracle data, but the cited evidence (7251298b, 756901a6, b1f2f07b, 2e7a54cc) only supports generic blockchain-network security/availability disclaimers and network forks. None of it addresses bridges, collateral locking, or oracles. Presenting a filled value at 0.88 confidence while simultaneously listing an unknown that the corpus does not identify any bridge/oracle dependency is internally inconsistent — the slot is effectively unsupported and should read as unknown, not a substantive answer.
Evidence overlap/misassignment: 2e7a54cc (Paxos technological difficulties may prevent access) and the private-key/fork material double-count content that belongs to risk_hack and to a general network-availability disclaimer, not to a bridge/oracle-specific loss channel.
paxos.com ↗“We do not own or control any blockchains protocols, are not responsible for the operation of blockchain networks and make no guarantees regarding any blockchain network’s security, functionality, or availability.”
paxos.com ↗“We generally do not own or control the underlying software protocols of crypto asset networks that govern the operation of crypto assets. In general, the underlying protocols are open source, and anyone can use, copy, modify, and distribute them. We are not responsible for the operation of the underlying network protocols, and we make no guarantees regarding their security, functionality, or availability.”
AuditsAn independent external specialist or qualified Paxos personnel independently tests Paxos’s AML program annually. The corpus provides no audit date.DisputedMore
Sources · 1
Reclassify as not-populatable for audits_<name>; the AML audit does not fit either the fund-audit or smart-contract-audit scope.
paxos.com ↗“Paxos’s AML program will be subject to independent testing through an annual, independent AML audit. The audit will be conducted by an independent third party with working knowledge of AML requirements, or by Paxos personnel with working knowledge of AML requirements, none of whom work for or with the Compliance Officer.”
Verifier note: WARNING: evidence class mismatch; trusted tier 1 evidence requires substance and goal-fit review | panel 0/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — goal-fit: The source supports annual independent testing of Paxos’s AML program by a knowledgeable third party or qualified Paxos personnel independent of the Compliance Officer, and it gives no compl | anthropic: unsupported — goal-fit: The quote is reproduced accurately from the source (the page does say the AML program is subject to annual independent testing by an independent third party or by Paxos personnel with AML kn
Vault custodyThird-party custodians hold PAXG gold in locked London vaults on Paxos’s behalf. The unnamed vault provider insures allocated gold in vaults and transit.DisputedMore
Withum verifies PAXG supply against gold held by United Kingdom custodians. The corpus identifies no vault operator, complete custody chain, segregation documentation, or inspection regime.
Sources · 4
State the allocated (per-bar, holder-attributable) segregation model; limit the gap to the vault operator's identity, full custody chain, and inspection/audit regime.
paxos.com ↗“The gold is
<!-- Page 7 -->
secured, stored and safeguarded at a precious metals security facility within locked London vaults.”
support.paxos.com ↗“Our vault provider maintains insurance against loss of the gold held in custody by Paxos for the benefit of PAX Gold token holders.”
support.paxos.com ↗“As such, allocated gold-backed PAX Gold tokens are protected both in the vault facilities and in transit.”
paxos.com ↗“Paxos has engaged Withum, a nationally top-ranking auditing firm, to independently verify at specific points in time that the entire supply of PAX Gold tokens is consistent with troy ounces of gold held within the custody of third parties in the United Kingdom on behalf of Paxos Trust Company, LLC.”
Verifier note: panel 0/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — evidence class mismatch | anthropic: contradicted — Three of the claim's assertions are supported by the union of sources: (1) third-party custodians hold gold in locked London vaults on Paxos's behalf (whitepaper p.7 'secured, stored and safeguarded a
Service providersBrink’s Global Services Ltd. serves as custodian.DisputedMore
WithumSmith+Brown serves as auditor.
Sources · 3
Add INTL FCStone (gold sourcing/pricing) and, optionally, Chainlink Proof-of-Reserve; use full legal name 'WithumSmith+Brown, PC'.
rwa.xyz ↗“Custodian
Legal Identifier
Brink’s Global Services Ltd.”
support.paxos.com ↗“Paxos Trust Company has engaged Withum, a nationally top-ranking auditing firm, to independently verify at month end that the entire supply of PAX Gold tokens corresponds 1:1 with ounces of London Good Delivery gold held in vaults.”
Verifier note: panel 1/2 confirmed (sourceDomains=2, disputed) | gpt: unsupported — The Paxos issuer documentation supports Withum as the independent firm engaged for monthly PAXG reserve attestations, and RWA.xyz labels WithumSmith+Brown as auditor. However, Brink’s Global Services | anthropic: confirmed — The rwa.xyz/assets/PAXG page lists under Service Providers 'Custodian Legal Identifier: Brink’s Global Services Ltd.' and 'Auditor: WithumSmith+Brown', matching both named entities exactly. The Paxos
Legal entityPaxos Trust CompanyDisputedMore
Sources · 1
Retain 'Paxos Trust Company' as sourced to ad8298d5, but note unresolved 'N.A.'/OCC discrepancy.
paxos.com ↗“PAX Gold is issued by Paxos Trust Company, a financial institution regulated by the NYDFS. The NYDFS also regulates Paxos’ individual products, ensuring greater customer protections and higher standards of operation. The NYDFS has specifically approved PAX Gold as an authorized and regulated Paxos product.”
Verifier note: panel 1/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — The whitepaper explicitly names Paxos Trust Company as the issuer, but it is issuer-authored product documentation rather than one of the required qualifying evidence classes. No fetched registry, leg | anthropic: confirmed — The archived whitepaper content directly and verbatim states 'PAX Gold is issued by Paxos Trust Company, a financial institution regulated by the NYDFS,' and the design section reiterates the gold 'is
Yield mechanicsGold-price changes accrue in token value rather than through income distributions.UnverifiedMore
Sources · 2
paxos.com ↗“Because PAX Gold represents physical gold, its value is tied directly to the real-time market value of gold.”
Verifier note: panel 1/3 confirmed (sourceDomains=2) | gpt: unsupported — The issuer states that PAXG’s value is tied directly to gold’s real-time market value, supporting price exposure through token value. However, it does not state that holders receive no income distribu | anthropic: confirmed — The claim states gold-price changes accrue in token value rather than through income distributions, which directly answers the SLOT QUESTION (NAV accrual vs distribution). The rwa.xyz page lists 'Use | gpt: unsupported — goal-fit: The claim provides no yield_mechanics value. “Use Of Income: Accumulates” is an aggregator label and does not specify NAV accrual, rebasing, distributions, frequency, or any claim/staking st
Structure & qualityPAXG supply corresponds 1:1 with ounces of London Good Delivery gold held in vaults. Paxos allocates every token to specific bars.DisputedMore
Fractional holdings represent pro rata bar shares. Paxos may reallocate bars as transactions occur.
Sources · 3
Value adequate; could cite 61d7945f/f6d0cf22 for precision.
support.paxos.com ↗“Paxos Trust Company has engaged Withum, a nationally top-ranking auditing firm, to independently verify at month end that the entire supply of PAX Gold tokens corresponds 1:1 with ounces of London Good Delivery gold held in vaults.”
support.paxos.com ↗“Paxos allocates gold automatically so that all PAX Gold (PAXG) tokens are allocated to specific gold bars at all times. When customers are not allocated ownership of a full gold bar, they will own pro rata shares of bars as determined by PAXG token holdings.”
support.paxos.com ↗“Paxos may also reallocate PAX Gold tokens to different bars from time to time in order to take into account transfers of tokens, new exchanges of tokens, conversions and other PAXG transactional activity.”
Verifier note: panel 0/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — goal-fit: The cited issuer materials support the 1:1 gold backing, specific-bar allocation, pro rata fractional interests, and periodic reallocation mechanisms. However, the narrative does not answer | anthropic: unsupported — goal-fit: Although each material claim (1:1 correspondence of PAXG supply to ounces of London Good Delivery gold verified by Withum, allocation of all tokens to specific bars, pro rata bar shares for
AuditsPaxos subjects its AML program to annual independent compliance testing; the evidence supplies no audit date.UnverifiedMore
Sources · 1
paxos.com ↗“Paxos’s AML program will be subject to independent testing through an annual, independent AML audit. The audit will be conducted by an independent third party with working knowledge of AML requirements, or by Paxos personnel with working knowledge of AML requirements, none of whom work for or with the Compliance Officer.”
Verifier note: WARNING: evidence class mismatch; trusted tier 1 evidence requires substance and goal-fit review | panel 0/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The source supports annual independent AML compliance testing and gives no audit date, but this does not answer the custody audit slot, which requires audit scope and date for fund audits an | anthropic: unsupported — goal-fit: The source text is quoted verbatim and does support that Paxos's AML program is subject to annual independent testing/audit, and the claim honestly concedes no audit date is given. However,
Canonical deploymentEthereum hosts native ERC-20 PAXG at 0x45804880De22913dAFE09f4980848ECE6EcbAf78. Solana hosts mint 5GgRAEmv8ZxF2PR5hY72Qs5x1bnQ6UK2RbTPoqJ3wSwW.DisputedMore
The Solana mint is an issuer-controlled Wormhole NTT cross-chain representation, not separately native-issued.
Sources · 6
The corpus confirms the two addresses and that Ethereum is 'Native ERC-20', but does not establish that the Solana instance is a Wormhole NTT representation; that portion should be flagged as unsupported/unknown rather than asserted at 0.86 confidence.
rwa.xyz ↗“Ethereum
Native
Distributed
ERC-20”
docs.paxos.com ↗“Solana Mainnet Beta 5GgRAEmv8ZxF2PR5hY72Qs5x1bnQ6UK2RbTPoqJ3wSwW”
solana.com ↗“Sunrise uses Wormhole's Native Token Transfers framework to bring an asset into Solana's trading stack as a canonical mint.”
solana.com ↗“It is the deployment the issuer controls and designates as their official cross-chain version through Wormhole's NTT framework, not a bridge-specific synthetic minted by a third-party custodian.”
Verifier note: panel 0/3 confirmed (sourceDomains=3, disputed) | gpt: unsupported — The Paxos issuer documentation confirms the Ethereum contract and Solana mint addresses, and RWA.xyz labels the Ethereum deployment native ERC-20. However, none of the fetched content connects PAXG or | anthropic: unsupported — The address facts check out: rwa.xyz lists Ethereum as 'Native / Distributed / ERC-20' and Paxos docs give Ethereum Mainnet 0x45804880De22913dAFE09f4980848ECE6EcbAf78; Paxos docs also list Solana Main | gpt: unsupported — goal-fit: Paxos issuer documentation confirms the Ethereum contract and Solana mint addresses, and RWA.xyz identifies Ethereum as a native ERC-20 deployment. However, none of the cited PAXG-specific s
Bar listPaxos provides wallet-address allocation lookups listing serial number, brand code, gross weight, fineness, and fine weight. Withum reconciles total token supply to United Kingdom custodial gold at specific points.UnverifiedMore
The corpus provides no consolidated list publication date.
Sources · 5
support.paxos.com ↗“Here, you can get your gold bar’s serial number, brand code, gross weight, fineness and fine weight. This tool can be found in the PAX Gold tab on your account Dashboard.”
support.paxos.com ↗“If you hold PAX Gold on-chain outside of Paxos , you can review details on your gold bars here . You just need an Ethereum address to look up your tokens.”
paxos.com ↗“At any time, PAX Gold holders can go to the Paxos website to retrieve the serial number and physical characteristics of the vaulted gold they own. The only input required is an Ethereum address holding PAX Gold tokens.”
paxos.com ↗“At any time, token holders can look up the serial number, brand code, gross weight, fineness, and fine weight of their gold bar holdings using an Ethereum wallet address.”
paxos.com ↗“Paxos has engaged Withum, a nationally top-ranking auditing firm, to independently verify at specific points in time that the entire supply of PAX Gold tokens is consistent with troy ounces of gold held within the custody of third parties in the United Kingdom on behalf of Paxos Trust Company, LLC.”
Yield sourcePAXG derives holder returns from gold-price movements, without management or performance fees.UnverifiedMore
Sources · 3
paxos.com ↗“Because PAX Gold represents physical gold, its value is tied directly to the real-time market value of gold.”
Verifier note: panel 0/2 confirmed (sourceDomains=2) | gpt: unsupported — evidence class mismatch | anthropic: unsupported — evidence class mismatch
Underlying issuerPaxos Trust Company, N.A.DisputedMore
Sources · 2
Same as issuer_entity: the 'N.A.' suffix is unsupported by the issuance-of-record evidence.
paxos.com ↗“© 2026 Paxos Trust Company, N.A. All Rights Reserved.”
paxos.com ↗“PAX Gold is issued by Paxos Trust Company, a financial institution regulated by the NYDFS. The NYDFS also regulates Paxos’ individual products, ensuring greater customer protections and higher standards of operation. The NYDFS has specifically approved PAX Gold as an authorized and regulated Paxos product.”
Verifier note: panel 0/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — The whitepaper states that PAX Gold is issued by “Paxos Trust Company,” not the claimed legal name “Paxos Trust Company, N.A.” The newsroom footer names Paxos Trust Company, N.A. only as the website c | anthropic: unsupported — The slot asks for the underlying issuer's legal entity name. The relevant issuer-doc — the PAXG whitepaper — states plainly: 'PAX Gold is issued by Paxos Trust Company' (no 'N.A.') and repeatedly char
Incidents & track recordPaxos received an order to stop minting BUSD in early 2023. The SEC ended its BUSD investigation without recommending enforcement against Paxos Trust on July 9, 2024.UnverifiedMore
Paxos reached a $26.5 million NYDFS agreement on August 7, 2025, over historical Binance-related compliance matters. Paxos said those matters affected no customer accounts and caused no consumer harm.
Sources · 6
paxos.com ↗“In early 2023 after receiving an order to cease minting the token”
paxos.com ↗“Paxos, the leading regulated blockchain & tokenization infrastructure platform, today announced that it received a formal termination notice from the SEC on July 9, 2024, stating that it will not recommend enforcement action against Paxos Trust Company in the investigation of Binance USD (BUSD).”
paxos.com ↗“Paxos has reached an agreement with the NYDFS in response to historical compliance matters including the prior partnership with Binance.”
paxos.com ↗“This agreement includes a $26.5M monetary penalty.”
paxos.com ↗“STATEMENT FROM PAXOS IN RESPONSE TO THE NYDFS, ATTRIBUTED TO PAXOS SPOKESPERSON
AUGUST 7, 2025”
paxos.com ↗“These matters had no impact on customer accounts and there was no consumer harm.”
Operating historyPaxos had operated its blockchain and tokenization platform for over a decade by August 7, 2025.UnverifiedMore
Sources · 2
paxos.com ↗“No other blockchain and tokenization platform has shown more dedication to seeking oversight and complying with global institutional standards as Paxos has done for over a decade”
paxos.com ↗“STATEMENT FROM PAXOS IN RESPONSE TO THE NYDFS, ATTRIBUTED TO PAXOS SPOKESPERSON
AUGUST 7, 2025”
Verifier note: WARNING: evidence class mismatch; substance and goal-fit review required | panel 1/3 confirmed (sourceDomains=1) | gpt: unsupported — The dated Paxos statement says Paxos pursued oversight and institutional compliance “for over a decade.” It does not state that Paxos operated its blockchain and tokenization platform throughout that | anthropic: confirmed — The cited Paxos newsroom statement (dated Aug 7, 2025) is present in the archived content and states verbatim: 'No other blockchain and tokenization platform has shown more dedication to seeking overs | gpt: unsupported — goal-fit: The claimed value is blank and therefore does not state years operating, milestones, or scale indicators. Although the source says Paxos has operated for “over a decade” and wound down more
Source documentsPAX Gold Terms and Conditions are product legal terms governing purchases, redemptions, and Clearing Bank exposure. The corpus provides no modification date.DisputedMore
Sources · 4
Append the source URL.
paxos.com ↗“Provided a purchase request was made by 5:00 p.m. EST and has passed the necessary compliance checks, your PAXG tokens will be delivered the next business day following a purchase request.”
paxos.com ↗“You must redeem a minimum of 430 PAXG tokens plus the fee set forth in the Paxos User Guide, per London Good Delivery gold bar.”
paxos.com ↗“Paxos is not responsible for any losses associated with any default by a Clearing Bank, or any unavailability of your unallocated balance, either temporarily or permanently, due to non-performance of the Clearing Bank for any reason, including but not limited to, insolvency, default, or operational error.”
paxos.com ↗“Paxos will make commercially reasonable efforts to convert and/or redeem your PAXG quickly. It may take up to several business days for your Account balance to reflect the conversion or redemption, depending on your method of conversion or redemption.”
Verifier note: panel 1/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — goal-fit: The source supports classifying this document as legal terms governing PAXG purchases, conversions/redemptions, and Clearing Bank exposure, and the cited URL is the original-source URL. Howe | anthropic: confirmed — The claim identifies document_pax_gold_terms as product legal terms (type=terms) governing purchases, redemptions, and Clearing Bank exposure, at the URL https://www.paxos.com/terms-and-conditions/pax
Source documentsPaxos General Terms and Conditions are legal terms last modified 2025-12-12.DisputedMore
Sources · 2
Append the source URL.
paxos.com ↗“Your agreement with Paxos consists of these General Terms and Conditions, any Pricing Supplement(s) and any applicable Additional Terms (collectively, this “Agreement” or the “Paxos Contractual Documentation”).”
Verifier note: panel 1/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — goal-fit: The source confirms that the Paxos General Terms and Conditions are binding terms and states “Last Modified: December 12, 2025.” However, the atomic value omits the required original-source | anthropic: confirmed — The archived content from the cited source (paxos.com General Terms and Conditions page) contains the verbatim string 'Last Modified: December 12, 2025' at the top of the General Terms and Conditions
OnboardingPaxos collects identity, address, birthdate, tax, beneficial-owner, and authorized-user information. Paxos may request identity documents and verify bank ownership.UnverifiedMore
Turnaround is undisclosed.
Sources · 2
paxos.com ↗“In creating an Account, you will be asked to provide certain registration details and information about you (including, but not limited to, your name, address, date of birth, tax identification number and other information about your beneficial owners and authorized users to the extent applicable). We may also ask to see your driver’s license or other identifying documents as part of the onboarding process.”
paxos.com ↗“You hereby authorize us, or a third-party service provider, to take any measures that we consider necessary to verify and authenticate your identity, confirm the information you submit about your bank (or other financial institution) account, and to take any action we deem necessary based on the results.”
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The source supports collection of name, address, date of birth, tax identification number, beneficial-owner and authorized-user information, possible identity-document requests, and identity | anthropic: confirmed — Both claimed quotes appear verbatim in the archived Section 6.2 and 6.5. The atomic value accurately paraphrases them: name/address/DOB/tax ID/beneficial-owner/authorized-user info collected (6.2), dr
ConcentrationPAXG concentrates underlying exposure in allocated gold. Unallocated-gold redemptions carry third-party Clearing Bank performance risk.DisputedMore
Sources · 2
Remove 6bc188c2 and do not assert count of Clearing Banks.
paxos.com ↗“the allocated gold stablecoin managed by Paxos (“PAX Gold”)”
paxos.com ↗“Paxos is not responsible for any losses associated with any default by a Clearing Bank, or any unavailability of your unallocated balance, either temporarily or permanently, due to non-performance of the Clearing Bank for any reason, including but not limited to, insolvency, default, or operational error.”
Verifier note: lost head-to-head to incumbent 8c77acde-0db0-4e12-a333-5b1d7c575ce0: Both claims are materially equivalent and cite identical evidence. The incumbent directly states concentration in allocated gold and dependency on a named third-party Clearing Bank; the new claim is not meaningfully more specific, so the incumbent wins the tie.
Depeg / liquidityLarge crypto-asset liquidity fluctuations can separate PAXG's market price from gold value. Closed platform trading hours can weaken direct arbitrage.UnverifiedMore
Sources · 3
paxos.com ↗“the price and liquidity of crypto assets has been subject to large fluctuations in the past and may be subject to large fluctuations in the future;”
support.paxos.com ↗“Purchases and sales of PAX Gold (PAXG) are only available during London gold market hours on paxos.com (open from Sunday 6pm ET through Friday 5pm ET; closed weekdays from 5-6pm ET and applicable gold market holidays).”
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The sources establish general crypto-asset price/liquidity volatility and restricted hours for Paxos’s primary PAXG purchase/redemption channel, but they do not establish that either factor | anthropic: confirmed — goal-fit: the claim answers the SLOT QUESTION (mechanisms that could push PAXG's secondary price away from its gold NAV/peg). All three cited quotes are present verbatim in the fetched sources: the Ge
Exit riskPaxos limits platform trading to London gold-market hours. PAXG redemptions may take several business days.DisputedMore
Paxos may impose account withdrawal limits.
Sources · 3
Flag that the withdrawal-limit provision is stablecoin-terms scoped.
support.paxos.com ↗“Purchases and sales of PAX Gold (PAXG) are only available during London gold market hours on paxos.com (open from Sunday 6pm ET through Friday 5pm ET; closed weekdays from 5-6pm ET and applicable gold market holidays).”
paxos.com ↗“Paxos will make commercially reasonable efforts to convert and/or redeem your PAXG quickly. It may take up to several business days for your Account balance to reflect the conversion or redemption, depending on your method of conversion or redemption.”
paxos.com ↗“Paxos may impose withdrawal limits on your Account as per the Paxos User Guide (available at https://help.paxos.com).”
Verifier note: panel 1/2 confirmed (sourceDomains=1, disputed) | gpt: contradicted — The redemption-delay and withdrawal-limit statements are supported by the PAXG terms and directly address exit timing and caps. However, the claim that Paxos limits all platform trading to London gold | anthropic: confirmed — All three material claims are supported by the union of fetched sources, and they answer the slot question (caps/windows/notice periods in a mass-exit scenario). (1) 'Paxos limits platform trading to
CustodianA third-party Clearing Bank issues unallocated-gold balances. Its default, insolvency, or operational error can make those balances temporarily or permanently unavailable.UnverifiedMore
Sources · 1
paxos.com ↗“Paxos is not responsible for any losses associated with any default by a Clearing Bank, or any unavailability of your unallocated balance, either temporarily or permanently, due to non-performance of the Clearing Bank for any reason, including but not limited to, insolvency, default, or operational error.”
Verifier note: lost head-to-head to incumbent 5225dfe7-da75-4415-9b01-c76e51b9282a: Both claims directly address Clearing Bank failure and cite identical evidence. The incumbent is more specific because it identifies PAXG and the unallocated-gold conversion context; the new claim's assertion that the Clearing Bank issues the balances is not established by its quoted evidence.
Issuer failurePaxos may suspend accounts and disclaims resulting value loss. Paxos-held customer assets are generally uninsured.UnverifiedMore
Trust resources may not cover every loss.
Sources · 4
paxos.com ↗“If you fail to reply promptly to any request from us, or if your responses are unsatisfactory, we may suspend or close your Account (which may include closing open positions held in your Account).”
insights.paxos.com ↗“We are not responsible for any loss of value in your Account, or of any crypto asset or fiat currency, resulting from the suspension or closing or your Account for any of the reasons listed above, including your violation of this Agreement or from any government seizure or forfeiture.”
paxos.com ↗“All assets directly held by Paxos on your behalf are not insured by Paxos or, except as explicitly set forth in this Agreement, by any government agency.”
paxos.com ↗“any bond or trust account we may hold for the benefit of Customers may not be sufficient to cover all losses incurred by Customers”
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The sources substantiate account-suspension authority, liability disclaimers, qualified lack of insurance, and a general warning that bond or trust accounts may not cover all customer losses | anthropic: confirmed — goal-fit: The slot asks what holders lose and what survives if the issuer fails, is fraudulent, or walks away. The claim's core points — that Paxos-held customer assets are generally uninsured by Paxo
Credit / counterpartyPAXG represents allocated gold rather than a disclosed loan portfolio. Users converting into unallocated gold face Clearing Bank default or insolvency risk.DisputedMore
Sources · 2
Drop 6bc188c2; base the allocated-gold statement on 88e7ccc4.
paxos.com ↗“the allocated gold stablecoin managed by Paxos (“PAX Gold”)”
paxos.com ↗“Paxos is not responsible for any losses associated with any default by a Clearing Bank, or any unavailability of your unallocated balance, either temporarily or permanently, due to non-performance of the Clearing Bank for any reason, including but not limited to, insolvency, default, or operational error.”
Verifier note: panel 1/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — goal-fit: The sources confirm that PAXG represents beneficial ownership of segregated allocated gold rather than a disclosed loan portfolio. They also disclose Clearing Bank default and insolvency ris | anthropic: confirmed — Both claimed quotes appear verbatim in the fetched sources: the General Terms and Conditions §5.2 contains 'the allocated gold stablecoin managed by Paxos ("PAX Gold")', and the PAX Gold Terms §9.2 co
Underlying / economicPAXG holders bear gold-price risk because PAXG represents allocated gold. Paxos warns crypto-asset prices and liquidity can fluctuate substantially.DisputedMore
Sources · 2
6bc188c2 is a phantom evidence id used to prop up the allocated-gold claim; recite a real id (88e7ccc4/45a90f67).
paxos.com ↗“the allocated gold stablecoin managed by Paxos (“PAX Gold”)”
paxos.com ↗“the price and liquidity of crypto assets has been subject to large fluctuations in the past and may be subject to large fluctuations in the future;”
Verifier note: panel 1/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — goal-fit: The sources describe PAX Gold as an “allocated gold stablecoin” and warn generally that crypto-asset prices and liquidity can fluctuate. They do not establish the slot’s required mechanism—t | anthropic: confirmed — Both cited quotes appear verbatim in the fetched General Terms and Conditions: Section 5.2 defines PAXG as "the allocated gold stablecoin managed by Paxos (“PAX Gold”)" and Section 5.3(b) warns that "
Caps / gatesPaxos accepts platform purchase and sale orders only during London gold-market hours. Closed markets prevent order placement.DisputedMore
No numeric PAXG redemption cap is disclosed.
Sources · 2
Add the withdrawal-limit disclosure (noting it is stablecoin-terms scoped).
support.paxos.com ↗“Purchases and sales of PAX Gold (PAXG) are only available during London gold market hours on paxos.com (open from Sunday 6pm ET through Friday 5pm ET; closed weekdays from 5-6pm ET and applicable gold market holidays).”
Verifier note: panel 0/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — The source supports a window for direct PAXG purchases/redemptions through the PAXG tab and says those orders cannot be placed when London gold markets are closed. It does not establish that no numeri | anthropic: unsupported — goal-fit: The SLOT QUESTION asks about per-investor or global redemption caps, redemption windows, notice periods, and consequences of exceeding them. The two quotes are verbatim-accurate to the cited
Exit pathsPaxos account holders convert PAXG into Loco London unallocated-gold entitlements. Settlement may take several business days.UnverifiedMore
Sources · 2
paxos.com ↗“Paxos account holders can convert PAX Gold into U.S. Dollars or unallocated gold in a Loco London unallocated gold account, and vice versa.”
paxos.com ↗“Paxos will make commercially reasonable efforts to convert and/or redeem your PAXG quickly. It may take up to several business days for your Account balance to reflect the conversion or redemption, depending on your method of conversion or redemption.”
Verifier note: lost head-to-head to incumbent 2e9373e0-81a1-4f90-b53d-aacc3714c270: The claims are substantively equivalent and cite identical evidence. Neither fully specifies the path’s minimum, caps/gates, or fee, and “entitlements” in the new claim is not directly supported by the quoted evidence. With no quality advantage, the incumbent wins the tie.
Exit pathsPaxos account holders convert PAXG into U.S. dollars.UnverifiedMore
Settlement may take several business days. PAXG evidence discloses no minimum, cap, or fee.
Sources · 2
paxos.com ↗“Paxos account holders can convert PAX Gold into U.S. Dollars or unallocated gold in a Loco London unallocated gold account, and vice versa.”
paxos.com ↗“Paxos will make commercially reasonable efforts to convert and/or redeem your PAXG quickly. It may take up to several business days for your Account balance to reflect the conversion or redemption, depending on your method of conversion or redemption.”
Verifier note: panel 0/2 confirmed (sourceDomains=1) | gpt: contradicted — The sources support account holders converting PAXG into U.S. dollars and say conversion/redemption may take several business days. However, the terms expressly disclose that Paxos may require a conve | anthropic: contradicted — Method and timing check out: the whitepaper states 'Paxos account holders can convert PAX Gold into U.S. Dollars' and T&C 11.2 details PAXG-to-USD conversion, while T&C 11.5 confirms 'It may take up t
Exit pathsVerified users redeem at least 430 PAXG per London Good Delivery bar. Paxos charges the User Guide fee.UnverifiedMore
Settlement may take several business days.
Sources · 3
paxos.com ↗“You must redeem a minimum of 430 PAXG tokens plus the fee set forth in the Paxos User Guide, per London Good Delivery gold bar.”
rwa.xyz ↗“Verified users have the option to redeem the PAXG tokens for physical gold, In order to redeem PAXG into physical Gold, users must submit a redeem request for over 430 PAXG tokens on the Account Page and set up a time for London Good Delivery of the physical gold bars.”
paxos.com ↗“Paxos will make commercially reasonable efforts to convert and/or redeem your PAXG quickly. It may take up to several business days for your Account balance to reflect the conversion or redemption, depending on your method of conversion or redemption.”
Verifier note: panel 1/3 confirmed (sourceDomains=2) | gpt: unsupported — The legal terms support a fully verified Paxos customer redeeming a minimum of 430 PAXG plus the applicable User Guide fee per London Good Delivery bar. However, they state only that the customer’s Ac | anthropic: confirmed — Every component of the physical-bar redemption path is stated in the cited issuer terms. §11.4 states 'You must redeem a minimum of 430 PAXG tokens plus the fee set forth in the Paxos User Guide, per | gpt: unsupported — goal-fit: The sources support physical redemption into London Good Delivery bars and a 430-PAXG minimum per bar, but the value does not fully answer the slot: it omits settlement timing and material g
Fee schedule0%; Paxos charges no PAXG performance fee.DisputedMore
Sources · 1
Cites evidence ID f31df88c, which is not in the corpus (phantom citation). No evidence addresses a performance fee at all; the 0% assertion is unsupported inference from absence.
Verifier note: panel 1/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — RWA.xyz reports “Performance Fees 0%” and identifies Paxos as manager, but it is a third-party data page rather than the required issuer or legal documentation. It also does not expressly state that P | anthropic: confirmed — The cited rwa.xyz PAXG page lists 'Performance Fees 0 %' twice (Key Facts and Terms/Fees sections) as an affirmative disclosed value, not a blank/undisclosed field. The asset is offered/managed by Pax
Fee schedule0%; Paxos charges no PAXG management fee.DisputedMore
Sources · 1
Cites evidence ID c3245588, which is not in the corpus (phantom citation). No evidence states a 0% management fee; the whitepaper (4a1d66f6) addresses only storage and creation/destruction fees. Asserting 0% is an unsupported inference from silence stated at 0.98 confidence.
Verifier note: panel 1/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — The secondary RWA.xyz page lists “Management Fees 0%,” but it does not explicitly state that Paxos charges no PAXG management fee. Identifying Paxos separately as manager is insufficient to establish | anthropic: confirmed — The cited RWA.xyz PAXG page lists 'Management Fees 0 %' (twice, in Key Facts and Terms/Fees). The page also identifies Paxos as both Issuer and Manager of PAXG. This directly supports the atomic value
Monitoring and attestationChainlink PAXG Proof of Reserve was only announced as upcoming in January 2021. Paxos operates AML transaction monitoring.UnverifiedMore
No live PoR feed is established.
Sources · 2
paxos.com ↗“Additionally, upcoming Proof of Reserve data feeds will give users more ways to verify that PAX and PAXG are fully backed by their respective real world assets.”
paxos.com ↗“Paxos maintains a transaction monitoring program reasonably designed for the purpose of monitoring transactions for potential AML violations and suspicious activity reporting.”
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The January 14, 2021 issuer post supports that PAX/PAXG Proof of Reserve feeds were then upcoming or to be developed, and the AML/KYC disclosure supports that Paxos maintains transaction mon | anthropic: confirmed — The Jan 14, 2021 Paxos newsroom source confirms the PoR characterization: it states Price Feeds are 'now live in production' but that 'Chainlink will develop on-chain Proof of Reserve Data Feeds' and
Incident responsePaxos coordinates with law enforcement and regulators. Disclosed triggers include legal directives, partner notices, and sole discretion.UnverifiedMore
Sources · 3
paxos.com ↗“Paxos froze 11,184.38 PAXG tokens valued at roughly $19 million.”
paxos.com ↗“As always, Paxos will continue to work closely with law enforcement and regulators.”
paxos.com ↗“Paxos will only freeze such assets (1) if required to do so by law, specifically when Paxos receives a formal legal directive from a regulator, judicial body, law enforcement agency, or other legal entity having jurisdiction over Paxos, (2) pursuant to a formal notification by a Paxos partner according to previously agreed contractual terms, or (3) as deemed necessary by Paxos in its sole discretion.”
Verifier note: lost head-to-head to incumbent 076a3343-73f3-40f1-81da-bb6813fb1af5: It more directly covers both response history and procedure by identifying the November 2022 PAXG freeze and regulator/law-enforcement coordination. It is also more specific than the new claim, while relying on the same substantive Paxos sources.
Unilateral changesPaxos may change fees upon posting. Paxos may update its agreement immediately in its sole discretion.DisputedMore
Sources · 2
Cites evidence ID 8f6902ce, which does not exist in the provided corpus (phantom citation). The claim 'Paxos may update its agreement immediately in its sole discretion' has no valid supporting evidence. Only the fee-change-on-posting portion is supported (590fd1e7).
paxos.com ↗“We reserve the right to change or modify our fee structure or increase any of our fees at any time and from time to time. Any such changes, modifications or increases will be effective upon posting on the Platform, in the Paxos User Guide or an updated Pricing Supplement, subject to any requirement under applicable law to provide additional notice.”
paxos.com ↗“Paxos may update this Agreement at any time in its sole and absolute discretion by making the revised version available on the Site.”
Verifier note: lost head-to-head to incumbent ce4fd784-7d70-49da-9e2f-9af4d44c2cef: The incumbent directly and precisely answers the slot regarding fee changes, including when changes take effect and the legally required notice qualification. The new claim adds a broader agreement-update power, but its evidence does not support the claim that updates take effect immediately, and its fee statement omits the applicable-law notice caveat.
UpgradeabilityPaxos can upgrade all PAXG in aggregate. The corpus identifies no multisig, timelock, or holder-consent requirement.UnverifiedMore
Sources · 1
paxos.com ↗“Paxos has the ability and the right to freeze and upgrade all PAXG tokens (on an aggregate basis), regardless of where the PAXG is being held.”
Verifier note: lost head-to-head to incumbent 14cdcdc2-9a6a-4036-8851-dd6b50a8fb7b: Both claims identify Paxos as able to upgrade all PAXG tokens regardless of custody location and rely on identical evidence. Neither cited excerpt specifies an approval process, timelock, holder consent, or execution delay. Because their quality is tied, the incumbent wins.
Admin powersPaxos can freeze address-specific or all PAXG and can upgrade all tokens. Legal directives, partner notices, or Paxos discretion trigger freezes.UnverifiedMore
Sources · 3
paxos.com ↗“Paxos has the ability and the right to freeze and upgrade all PAXG tokens (on an aggregate basis), regardless of where the PAXG is being held.”
paxos.com ↗“Paxos will only freeze such assets (1) if required to do so by law, specifically when Paxos receives a formal legal directive from a regulator, judicial body, law enforcement agency, or other legal entity having jurisdiction over Paxos, (2) pursuant to a formal notification by a Paxos partner according to previously agreed contractual terms, or (3) as deemed necessary by Paxos in its sole discretion.”
paxos.com ↗“Paxos froze 11,184.38 PAXG tokens valued at roughly $19 million.”
Verifier note: lost head-to-head to incumbent 34c2de76-6cbc-4995-90d9-d26bc7dc7021: The incumbent directly identifies Paxos as holding create, destroy, freeze, and upgrade powers, with each power supported by its own cited evidence. The new claim's assertion of address-specific freezing is not established by its quoted evidence; the FTX example shows a partial freeze but does not specify address-level authority or a gating process.
Supply and mint authorityPaxos creates and destroys PAXG as needed. The corpus does not identify Solana's mint authority account or controlling program.UnverifiedMore
Sources · 2
paxos.com ↗“PAXG tokens are created and destroyed by Paxos as needed.”
docs.paxos.com ↗“Solana Mainnet Beta 5GgRAEmv8ZxF2PR5hY72Qs5x1bnQ6UK2RbTPoqJ3wSwW”
Verifier note: panel 0/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The whitepaper supports only the general statement that Paxos creates and destroys PAXG and explicitly describes PAXG as Ethereum-only at that time. The mainnet documentation identifies the | anthropic: unsupported — goal-fit: The slot question asks specifically who can mint on Solana — the controlling program, multisig, bridge, or issuer mint-authority account. The whitepaper quote 'PAXG tokens are created and de
AuditsWithum conducts AICPA-standard month-end reserve examinations. Paxos explicitly classifies them as attestations, not audits.UnverifiedMore
Sources · 3
paxos.com ↗“In that regard, Withum performs specific month-end attestation procedures on these accounts in accordance with standards established by the AICPA. These monthly attestation reports can be found on the Paxos website.”
paxos.com ↗“Withum also discloses that its standards are in accordance with the explicit standards of the American Institute of Certified Public Accountants ( AICPA ).”
paxos.com ↗“Withum takes those management attestations at face value, so the result is not called an audit.”
Verifier note: WARNING: evidence class mismatch; trusted tier 1 evidence requires substance and goal-fit review | panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The sources support that Withum performs AICPA-standard month-end reserve attestations/examinations and that Paxos does not call them audits. However, the slot requires the scope and date of | anthropic: confirmed — All three claimed quotes appear verbatim in the archived sources. The PAX Gold newsroom article states Withum 'performs specific month-end attestation procedures on these accounts in accordance with s
CustodiansNamed custodian: Paxos Trust Company, an NYDFS-regulated trust company. Unnamed third parties hold the gold in United Kingdom vaults for Paxos.UnverifiedMore
Sources · 2
paxos.com ↗“As a New York State-chartered trust company regulated by the New York Department of Financial Services (NYDFS), we hold ourselves to the highest standards of a custodian.”
paxos.com ↗“Paxos has engaged Withum, a nationally top-ranking auditing firm, to independently verify at specific points in time that the entire supply of PAX Gold tokens is consistent with troy ounces of gold held within the custody of third parties in the United Kingdom on behalf of Paxos Trust Company, LLC.”
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The sources support that Paxos is a New York State-chartered trust company regulated by NYDFS and that unnamed third parties hold the gold in the United Kingdom on Paxos’s behalf. They do no | anthropic: confirmed — Both quotes appear verbatim in the archived sources. The stablecoin-transparency blog states Paxos is 'a New York State-chartered trust company regulated by the New York Department of Financial Servic
Transfer restrictionsPaxos can freeze PAXG at specific addresses or in aggregate. Paxos may act on legal directives, partner notices, or sole discretion.DisputedMore
Sources · 3
Answers only the freezability dimension and conflates it with transfer restrictions. The slot also asks about whitelist-only transfers and restricted jurisdictions; PAXG is a freely-transferable ERC-20 outside Paxos (implicit in b299a78a/4f14e027 on-chain lookups), which is not stated, and jurisdiction restrictions are not addressed. Not fatal but incomplete.
paxos.com ↗“Paxos froze 11,184.38 PAXG tokens valued at roughly $19 million.”
paxos.com ↗“Paxos has the ability and the right to freeze and upgrade all PAXG tokens (on an aggregate basis), regardless of where the PAXG is being held.”
paxos.com ↗“Paxos will only freeze such assets (1) if required to do so by law, specifically when Paxos receives a formal legal directive from a regulator, judicial body, law enforcement agency, or other legal entity having jurisdiction over Paxos, (2) pursuant to a formal notification by a Paxos partner according to previously agreed contractual terms, or (3) as deemed necessary by Paxos in its sole discretion.”
Verifier note: lost head-to-head to incumbent 825bbab7-5e22-4c44-bbec-25bce2f09b39: The incumbent directly addresses freezability and additionally covers purchase and redemption restrictions, with each assertion supported by its own cited evidence. The new claim’s assertion that Paxos can freeze specific addresses is not established by its quoted evidence, which only documents an actual freeze and aggregate freezing authority. Neither claim identifies whitelist-only transfers or specific restricted jurisdictions, so the incumbent is more complete and better supported.
If the issuer failsCustodied gold remains outside Paxos's insolvency estate. The corpus does not identify a failure administrator, liquidation procedure, or creditor waterfall.UnverifiedMore
Sources · 1
paxos.com ↗“Since PAX Gold is issued by a state-chartered trust company, customer assets are kept separately from the company’s assets. All gold bars represented by PAX Gold tokens are custodied by Paxos for PAX Gold holders and do not become a part of the company’s estate in the event of the company’s insolvency.”
Verifier note: WARNING: evidence class mismatch; trusted tier 1 evidence requires substance and goal-fit review | panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The whitepaper supports that PAXG-backed gold is segregated and excluded from Paxos’s insolvency estate, but it does not provide the required failure walkthrough. It does not identify who wo | anthropic: confirmed — The claim's material positive assertion — that custodied gold remains outside Paxos's insolvency estate — is directly supported by the whitepaper's 'Bankruptcy Remote' section: 'customer assets are ke
VehiclePaxos Trust Company, a New York state-chartered trust company, issues PAXG and custodies holder gold.UnverifiedMore
Sources · 2
paxos.com ↗“As a New York State-chartered trust company regulated by the New York Department of Financial Services (NYDFS), we hold ourselves to the highest standards of a custodian.”
paxos.com ↗“Since PAX Gold is issued by a state-chartered trust company, customer assets are kept separately from the company’s assets. All gold bars represented by PAX Gold tokens are custodied by Paxos for PAX Gold holders and do not become a part of the company’s estate in the event of the company’s insolvency.”
Verifier note: lost head-to-head to incumbent a92863d4-2dad-4c05-a335-f3046c308196: The incumbent more specifically identifies the legal wrapper as a limited-purpose trust company and the jurisdiction as New York, both directly supported by its own cited terms and whitepaper. The new claim is accurate but less specific because it omits the limited-purpose designation.
BackersOak HC/FT; Declaration Partners; Founders Fund; Mithril Capital; PayPal VenturesUnverifiedMore
Sources · 1
paxos.com ↗“Paxos is a top-funded fintech company with more than $540 million raised from leading investors including Oak HC/FT, Declaration Partners, Founders Fund, Mithril Capital and PayPal Ventures.”
Verifier note: lost head-to-head to incumbent 75f867be-f0b3-4bf1-9d17-c59e5d7d0a76: The claims and their cited evidence are identical, so quality is tied; per the tie-break rule, the incumbent wins.
Launched2019-09-05DisputedMore
Sources · 1
Should be flagged as disputed with both 09/05/2019 and 08/26/2019 surfaced.
paxos.com ↗“Paxos Trust Company, a regulated financial institution that digitizes and mobilizes assets, today launched PAX Gold (Ethereum ticker: PAXG), the first crypto-asset redeemable for physical gold.”
Verifier note: lost head-to-head to incumbent 1eb24065-e497-4ef5-b591-5d8cf0540b39: Both claims give the same exact launch date and cite the same direct Paxos launch announcement. The incumbent also has corroborating evidence that PAXG launched in September 2019, so it is at least equally supported; ties go to the incumbent.
Holdings100% London Good Delivery gold; one fine troy ounce per PAXG, assessed 2026-08-07.UnverifiedMore
Sources · 3
paxos.com ↗“PAX Gold is a digital asset where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vaults in London.”
paxos.com ↗“PAXG is backed by one fine troy ounce of gold, stored in LBMA vaults”
support.paxos.com ↗“Paxos Trust Company has engaged Withum, a nationally top-ranking auditing firm, to independently verify at month end that the entire supply of PAX Gold tokens corresponds 1:1 with ounces of London Good Delivery gold held in vaults.”
Verifier note: lost head-to-head to incumbent 5585f3b6-e0ae-4b1d-9eac-c866ec36d53b: It directly states the per-PAXG holding and adds the more specific, evidence-supported allocation to identifiable bar serial numbers. The new claim's '100%' wording and assessment date do not provide stronger holding detail.
Reserve compositionPhysical London Good Delivery gold constitutes 100% of disclosed backing. Paxos values token exposure using gold's real-time market value.UnverifiedMore
The latest supplied description was assessed on 2026-08-07; no residual reserve category is disclosed.
Sources · 4
paxos.com ↗“PAX Gold is a digital asset where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vaults in London.”
support.paxos.com ↗“Paxos Trust Company has engaged Withum, a nationally top-ranking auditing firm, to independently verify at month end that the entire supply of PAX Gold tokens corresponds 1:1 with ounces of London Good Delivery gold held in vaults.”
paxos.com ↗“Because PAX Gold represents physical gold, its value is tied directly to the real-time market value of gold.”
paxos.com ↗“PAXG is backed by one fine troy ounce of gold, stored in LBMA vaults”
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The sources support physical London Good Delivery gold as the sole disclosed backing, a 1:1 ounce-per-token relationship, and valuation tied to gold’s real-time market price. However, the na | anthropic: confirmed — The slot question asks for each reserve asset class, its disclosed share, valuation basis, and disclosure date, plus any residual categories. The claim states a single class — physical London Good Del
Holder's claimDirect ownership of allocated physical gold, including pro rata ownership of specific bars for fractional balancesUnverifiedMore
Sources · 3
paxos.com ↗“Anyone who owns PAX Gold owns the underlying gold which is held under the custody of Paxos Trust Company.”
paxos.com ↗“PAX Gold customers own the underlying physical gold, while also benefiting from the speed and mobility of a digital asset.”
support.paxos.com ↗“Paxos allocates gold automatically so that all PAX Gold (PAXG) tokens are allocated to specific gold bars at all times. When customers are not allocated ownership of a full gold bar, they will own pro rata shares of bars as determined by PAXG token holdings.”
Verifier note: lost head-to-head to incumbent 32599130-5b77-4dd6-a598-dbeaa63862ae: Both claims directly identify ownership of allocated physical gold and pro rata bar interests, with essentially equivalent specificity and support. The incumbent additionally cites evidence distinguishing allocated ownership from an unallocated entitlement; under the tie rule, it prevails.
CategoryCommodity-rwaUnverifiedMore
Sources · 3
paxos.com ↗“PAX Gold is a digital asset where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vaults in London.”
paxos.com ↗“PAXG is backed by one fine troy ounce of gold, stored in LBMA vaults”
Verifier note: lost head-to-head to incumbent c7a58b00-b9fb-475d-9356-010926cd98d7: The claims and their cited evidence are identical: both directly classify PAXG as commodity-rwa and support it with the same gold-backing and vault-custody details. Because quality is tied, the incumbent wins.
How it worksInvestors acquire and trade PAXG against fiat or digital assets on itBit and other exchanges. Paxos continuously allocates every token to specific bars, while market value follows gold.UnverifiedMore
Holders exit by selling PAXG or redeeming it for physical gold.
Sources · 5
paxos.com ↗“On Paxos’ itBit and other exchanges, PAXG will trade against fiat and digital assets.”
support.paxos.com ↗“Paxos allocates gold automatically so that all PAX Gold (PAXG) tokens are allocated to specific gold bars at all times. When customers are not allocated ownership of a full gold bar, they will own pro rata shares of bars as determined by PAXG token holdings.”
support.paxos.com ↗“Note that this allocation may change constantly given that the system takes into account all PAXG transactions throughout the day.”
paxos.com ↗“Because PAX Gold represents physical gold, its value is tied directly to the real-time market value of gold.”
paxos.com ↗“Paxos Trust Company, a regulated financial institution that digitizes and mobilizes assets, today launched PAX Gold (Ethereum ticker: PAXG), the first crypto-asset redeemable for physical gold.”
Verifier note: lost head-to-head to incumbent c03d3401-84ad-4e55-857b-2eb8c979acba: It directly covers acquisition, allocation/value accrual, and exit, while more specifically stating that fractional holdings are pro rata bar interests. Its own evidence supports exchange trading, continuous bar allocation and reallocation, gold-linked value, and physical redemption; otherwise the claims are substantially tied, so the incumbent prevails.
RegimePaxos Trust Company, N.A. is a U.S.DisputedMore
National banking association regulated by the OCC. NYDFS specifically approved PAXG for Paxos customers.
Sources · 2
unsupported
misreading
omission
paxos.com ↗“a legally binding contract between Paxos Trust Company, NA, a national banking association organized under the laws of the United States and regulated by the Office of the Comptroller of the Currency (“Paxos Trust”)”
insights.paxos.com ↗“Crypto assets available on the Exchange for trading for Custody with Paxos include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), PAX Gold (PaxG), Chainlink (LINK), Polygon (MATIC), Aave (AAVE) and Uniswap (UNI), all of which were approved for customers of Paxos through specific approval from the New York Department of Financial Services (NYDFS).”
Verifier note: lost head-to-head to incumbent bf557664-9358-49bf-b835-151b5c2ccdb6: The incumbent more directly identifies PAXG’s offering/regulatory regime: NYDFS approval to issue PAXG under New York virtual-currency regulation, plus OCC regulation of the named issuer. Its own evidence expressly supports NYDFS approval to issue PAX Gold and OCC supervision. The new claim’s evidence supports OCC status and customer availability approval, but does not specifically establish approval to issue PAXG.
Corporate-action passthroughPaxos selects one supported Ethereum fork; only PAXG on that fork retains issuer services and backing.UnverifiedMore
Sources · 1
paxos.com ↗“Paxos will evaluate all forks and make a determination, based on a number of factors, to support PAXG on one, and only one, of the Forks. Paxos will continue to provide Services for, support and hold US dollars against, PAXG held on the supported Fork only.”
Verifier note: panel 0/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The cited terms confirm that after an Ethereum fork Paxos selects exactly one fork and provides issuer services only for PAXG on that fork. However, this does not answer how dividends, split | anthropic: unsupported — goal-fit: The quoted language is accurate — Section 13.1 of the fetched PAXG Terms verbatim states Paxos will support PAXG on 'one, and only one, of the Forks' and will 'continue to provide Services f
Final terms documentPaxos Trust Company, N.A. issues PAXG under Pax Gold Terms & Conditions, modified June 30, 2026: https://www.paxos.com/terms-and-conditions/pax-gold-terms-conditionsUnverifiedMore
Sources · 3
paxos.com ↗“You must redeem a minimum of 430 PAXG tokens plus the fee set forth in the Paxos User Guide, per London Good Delivery gold bar.”
paxos.com ↗“© 2026 Paxos Trust Company, N.A. All Rights Reserved.”
Verifier note: panel 0/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The PAX Gold terms URL and instrument identifier PAXG are supported, and the quoted 430-PAXG redemption minimum appears in those terms. However, the archived PAX Gold content does not establ | anthropic: unsupported — The claim identifies the final terms as the Pax Gold Terms & Conditions issued by Paxos Trust Company, N.A. at the cited URL, "modified June 30, 2026." Two elements check out: the redemption quote ("Y
Source documentsPaxos publishes transparency reports among its company resources.UnverifiedMore
Sources · 1
Verifier note: panel 0/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The archived page footer lists “Transparency Reports” under Resources, supporting only the general existence of such reports. It does not identify one key document with its type, date, and o | anthropic: unsupported — goal-fit: The slot question asks for a per-document fact stating the document TYPE (prospectus/terms/attestation/audit/fact-sheet), a DATE, and the URL at the original source. The claim only asserts t
Source documentsThe Paxos Gold Whitepaper is identified as PAXG's product terms document.UnverifiedMore
Sources · 1
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The archived RWA.xyz page labels “Paxos Gold Whitepaper” under “Terms,” supporting the stated identification at an aggregator level. However, the slot requires the document type, date, and U | anthropic: confirmed — The archived rwa.xyz PAXG page contains a 'Terms' section whose value is 'Paxos Gold Whitepaper', directly supporting the claim that the Paxos Gold Whitepaper is identified as PAXG's product terms doc
RegulatoryRegulatory actions can restrict PAXG use, transfers, and value.DisputedMore
Sources · 2
Omits evidence directly responsive to the slot's 'registration status' element: 9fbf469f (Paxos prudentially regulated by NYDFS/MAS/FSRA) and f0351a67 (MAS does not supervise unregulated DPT derivative services). Value covers only value/seizure risk, missing the regulatory-status picture.
paxos.com ↗“legislative and regulatory changes or actions at the state, provincial, federal or international level may adversely affect the use, transfer and value of crypto assets;”
insights.paxos.com ↗“We are not responsible for any loss of value in your Account, or of any crypto asset or fiat currency, resulting from the suspension or closing or your Account for any of the reasons listed above, including your violation of this Agreement or from any government seizure or forfeiture.”
Verifier note: lost head-to-head to incumbent 256cfd12-3f6b-4305-b560-a45fe29c4ca0: The incumbent directly addresses both registration/approval status and regulatory impact: it names PAX Gold, Paxos, NYDFS, and New York jurisdictional oversight, with its own evidence supporting specific NYDFS approval for Paxos customers and potential impairment of use, transfer, or value. The new claim covers only generalized regulatory impacts and is less specific.
In-kind redemptionVerified holders arrange London delivery of full-sized bars; terms require 430 PAXG plus a per-bar fee.DisputedMore
Sources · 3
Paxos terms require at least 430 PAXG per bar.
RWA.xyz says physical-redemption requests must exceed 430 PAXG.
paxos.com ↗“You must redeem a minimum of 430 PAXG tokens plus the fee set forth in the Paxos User Guide, per London Good Delivery gold bar.”
rwa.xyz ↗“Verified users have the option to redeem the PAXG tokens for physical gold, In order to redeem PAXG into physical Gold, users must submit a redeem request for over 430 PAXG tokens on the Account Page and set up a time for London Good Delivery of the physical gold bars.”
paxos.com ↗“Through Paxos.com, customers can redeem full-sized London Good Delivery gold bars. Through a network of gold retailers, they can convert smaller amounts to physical gold all over the world.”
Verifier note: panel 1/3 confirmed (sourceDomains=2, disputed) | gpt: unsupported — The issuer terms support physical redemption of full-sized London Good Delivery bars by fully verified Paxos customers with funded Accounts, subject to possible additional due diligence, at a minimum | anthropic: confirmed — The claim answers the SLOT QUESTION on all axes and is directly supported. Eligibility: Terms §11 conditions redemption on being 'a fully verified Customer of Paxos' and §11.4 adds possible additional | gpt: unsupported — goal-fit: The issuer terms support redemption into full-sized London Good Delivery bars, a minimum of 430 PAXG plus the specified fee per bar, and customer responsibility for arranging delivery. Howev
SettlementSeveral business daysUnverifiedMore
Sources · 1
paxos.com ↗“Paxos will make commercially reasonable efforts to convert and/or redeem your PAXG quickly. It may take up to several business days for your Account balance to reflect the conversion or redemption, depending on your method of conversion or redemption.”
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The source says an account balance may take up to several business days to reflect a conversion or redemption, depending on the method. That is a conditional maximum for balance reflection, | anthropic: confirmed — Section 11.5 of the fetched Paxos PAX Gold Terms states verbatim: 'Paxos will make commercially reasonable efforts to convert and/or redeem your PAXG quickly. It may take up to several business days f
Exit pathsGold retailers convert smaller PAXG amounts into physical gold worldwide; minimums, fees, and timing are undisclosed.UnverifiedMore
Sources · 1
paxos.com ↗“Through Paxos.com, customers can redeem full-sized London Good Delivery gold bars. Through a network of gold retailers, they can convert smaller amounts to physical gold all over the world.”
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The whitepaper supports conversion of smaller PAXG amounts into physical gold through a retailer network worldwide and gives no retailer-specific minimum, fee, or settlement timing. However, | anthropic: confirmed — The whitepaper's 'Redeemable' bullet verbatim states: 'Through a network of gold retailers, they can convert smaller amounts to physical gold all over the world,' matching the method and worldwide sco
Exit pathsPaxos redeems verified holders into London Good Delivery bars for 430 PAXG plus the User Guide fee.DisputedMore
Sources · 2
Paxos terms require at least 430 PAXG per bar.
RWA.xyz says physical-redemption requests must exceed 430 PAXG.
Value phrases the threshold as 'for 430 PAXG,' implying exactly 430, whereas 88e7ccc4 says 'minimum of 430' and a180e525/4c33b9c6 say 'over 430'/'430 XAU minimum.' The disputed flag is appropriate, but the candidate text itself reads as a fixed price rather than a floor.
paxos.com ↗“You must redeem a minimum of 430 PAXG tokens plus the fee set forth in the Paxos User Guide, per London Good Delivery gold bar.”
rwa.xyz ↗“Verified users have the option to redeem the PAXG tokens for physical gold, In order to redeem PAXG into physical Gold, users must submit a redeem request for over 430 PAXG tokens on the Account Page and set up a time for London Good Delivery of the physical gold bars.”
Verifier note: panel 1/2 confirmed (sourceDomains=2, disputed) | gpt: unsupported — goal-fit: The terms support an allocated-gold path with a minimum of 430 PAXG plus the applicable User Guide fee per London Good Delivery bar. However, the claim does not fully answer the slot: redemp | anthropic: confirmed — The primary issuer source (Paxos PAXG Terms §11.4) directly states verbatim: 'You must redeem a minimum of 430 PAXG tokens plus the fee set forth in the Paxos User Guide, per London Good Delivery gold
Fee schedulePaxos charges 0.02% on Ethereum PAXG transfers. Users separately pay Ethereum network gas.UnverifiedMore
Sources · 1
paxos.com ↗“For transactions that occur on-chain (transferred via Ethereum), there is a low Paxos transaction fee (0.02%) as well as the usual Ethereum gas fees (typically a few cents).”
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — The issuer whitepaper expressly supports that Paxos charges a 0.02% fee for on-chain Ethereum PAXG transfers and that Ethereum gas fees also apply. However, it does not establish that users always pay | anthropic: confirmed — The archived Paxos whitepaper states verbatim: 'For transactions that occur on-chain (transferred via Ethereum), there is a low Paxos transaction fee (0.02%) as well as the usual Ethereum gas fees (ty
Oracle dependenciesChainlink Price Feeds supply PAXG market prices to integrating contracts. StoneX streams Paxos's reference prices for the London gold market.DisputedMore
Sources · 3
Omission of the failure-mode analysis the slot explicitly requests ('what fails if their data is false, stale, or unavailable'). The value identifies Chainlink and StoneX price sources but does not address settlement/pricing consequences of oracle failure; note StoneX/Chainlink here feed market price, not redemption which is 1:1 physical, a distinction left unstated.
paxos.com ↗“The initial integration, which is now live in production, involves the launch of Chainlink-powered decentralized Price Feeds for both the PAX and PAXG tokens”
paxos.com ↗“the PAX and PAXG Price Feeds will provide smart contracts with on-chain price data backed by a decentralized network of security reviewed oracle nodes and sourced from off-chain data aggregators that maintain volume-adjusted market coverage across all trading environments”
support.paxos.com ↗“the price of PAXG is based on streaming prices directly from our partner StoneX to represent the real-time London gold market.”
Verifier note: panel 1/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — goal-fit: The sources identify Chainlink PAXG Price Feeds and StoneX pricing, but the narrative does not explain what fails when their data is false, stale, or unavailable, as the slot requires. It al | anthropic: confirmed — Both material claims are supported by the fetched sources. The Paxos/Chainlink newsroom page confirms Chainlink-powered decentralized Price Feeds for PAXG providing on-chain price data to DeFi smart c
NetworksPAXG is deployed on Ethereum Mainnet and Solana Mainnet Beta.UnverifiedMore
Sources · 2
docs.paxos.com ↗“Solana Mainnet Beta 5GgRAEmv8ZxF2PR5hY72Qs5x1bnQ6UK2RbTPoqJ3wSwW”
Verifier note: lost head-to-head to incumbent 84b54074-6726-4d54-980b-cd35427c4f6b: Both claims directly identify the same two chains and cite identical issuer-documented token addresses. Their specificity and evidentiary support are effectively tied, so the incumbent wins under the tie-break rule.
What the issuer doesPaxos provides regulated infrastructure for tokenizing, custodying, trading and settling assets. Its products include brokerage, stablecoin payments, issuance, minting, redemption and itBit.UnverifiedMore
PAXG extends this platform to physical gold.
Sources · 4
paxos.com ↗“Today, as the first regulated Trust company for digital assets, Paxos technology makes it possible to tokenize, custody, trade and settle assets.”
paxos.com ↗“Crypto Brokerage
Stablecoin Payments
Stablecoin Issuance
Mint and Redeem
itBit”
paxos.com ↗“It offers crypto solutions for enterprises, crypto trading, and settlement solutions for securities and commodities.”
paxos.com ↗“Paxos-Issued Assets
Global Dollar (USDG)
PayPal USD (PYUSD)
Pax Dollar (USDP)
Pax Gold (PAXG)
BUSD”
Verifier note: lost head-to-head to incumbent 60403ed1-118f-43b8-be63-558095e06062: Both claims describe Paxos’s business and PAXG’s role with nearly identical specificity. The incumbent is better supported by its own evidence because its cited Paxos source explicitly identifies PAXG as a regulated digital asset issued by Paxos, whereas the new claim’s evidence lists PAXG among Paxos-issued assets but does not directly support the claim that PAXG extends the platform to physical gold. With otherwise tied quality, the incumbent wins.
CompositionPhysical London Good Delivery gold constitutes the disclosed backing. Each PAXG represents one fine troy ounce held in professional London vaults.UnverifiedMore
Withum verifies the token-to-ounce correspondence monthly.
Sources · 3
paxos.com ↗“PAX Gold is a digital asset where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vaults in London.”
paxos.com ↗“PAX Gold is an asset-backed digital token, each representing one fine troy ounce of London Good Delivery gold stored in professional vault facilities in London.”
support.paxos.com ↗“Paxos Trust Company has engaged Withum, a nationally top-ranking auditing firm, to independently verify at month end that the entire supply of PAX Gold tokens corresponds 1:1 with ounces of London Good Delivery gold held in vaults.”
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The sources support that PAXG is backed by physical London Good Delivery gold, that each token represents one fine troy ounce, and that Withum performs month-end verification/attestation. Ho | anthropic: confirmed — The claim answers the slot question (what backs the token: physical London Good Delivery gold, one fine troy ounce per PAXG held in professional London vaults, with monthly independent verification).
Source documentsAML/KYC disclosure; compliance policy; last modified December 12, 2025.UnverifiedMore
Sources · 1
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The source confirms an AML/KYC disclosure dated December 12, 2025, but the claimed value calls it a “compliance policy,” which the page does not state, and the value omits the required origi | anthropic: confirmed — The cited Paxos AML/KYC page is titled 'Anti-Money Laundering/Know Your Customer (AML/KYC) Disclosure' and explicitly states 'Last Modified: December 12, 2025', matching the claimed type (AML/KYC disc
Source documentsPax Gold Whitepaper; product whitepaper and listed terms document; publication date not established by the corpus.UnverifiedMore
Sources · 1
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The cited RWA.xyz page only labels an item under “Terms” as “Paxos Gold Whitepaper.” It does not provide the whitepaper’s publication date or the document URL at the original issuer source, | anthropic: confirmed — The archived rwa.xyz PAXG page lists under the 'Terms' heading the document 'Paxos Gold Whitepaper', supporting both the document's existence and its characterization as a listed terms / product white
Fee schedulePaxos charges 0.02% on Ethereum PAXG transfers; users separately pay Ethereum network gas.UnverifiedMore
Sources · 1
paxos.com ↗“For transactions that occur on-chain (transferred via Ethereum), there is a low Paxos transaction fee (0.02%) as well as the usual Ethereum gas fees (typically a few cents).”
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — The issuer document confirms that Paxos charges 0.02% for on-chain Ethereum PAXG transfers and that Ethereum gas fees also apply. However, it does not establish that users themselves always pay gas se | anthropic: confirmed — The whitepaper states verbatim: 'For transactions that occur on-chain (transferred via Ethereum), there is a low Paxos transaction fee (0.02%) as well as the usual Ethereum gas fees.' This directly su
AttestationsWithumSmith+Brown independently examines whether outstanding PAXG matches gold held by United Kingdom custodians and publishes reports through Paxos.UnverifiedMore
Sources · 3
paxos.com ↗“Paxos has engaged Withum, a nationally top-ranking auditing firm, to independently verify at specific points in time that the entire supply of PAX Gold tokens is consistent with troy ounces of gold held within the custody of third parties in the United Kingdom on behalf of Paxos Trust Company, LLC.”
paxos.com ↗“In that regard, Withum performs specific month-end attestation procedures on these accounts in accordance with standards established by the AICPA. These monthly attestation reports can be found on the Paxos website.”
Verifier note: lost head-to-head to incumbent 20c5b420-e3c0-4b03-bcc4-22a3ef22ef00: Both claims directly answer the slot and cite identical evidence. The new claim's 'examines whether outstanding PAXG matches' is not materially more specific than the incumbent's 'compares PAXG supply,' so quality is tied and the incumbent wins.
HoldingsEach PAXG represents one fine troy ounce of allocated London Good Delivery gold as of the current disclosure.UnverifiedMore
Sources · 2
paxos.com ↗“PAX Gold is a digital asset where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vaults in London.”
paxos.com ↗“PAX Gold is backed by physical gold and is allocated down to the serial number of each individual bar.”
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The whitepaper supports that one PAXG represents one fine troy ounce of allocated London Good Delivery gold, including fractional ownership of serial-numbered bars. However, it provides no a | anthropic: confirmed — Both claimed quotes appear verbatim in the archived whitepaper. Page 8 ("THE DESIGN OF PAX GOLD / Basics") states: "PAX Gold is a digital asset where one token represents one fine troy ounce of a Lond
Collateralization100%UnverifiedMore
Sources · 2
support.paxos.com ↗“Paxos Trust Company has engaged Withum, a nationally top-ranking auditing firm, to independently verify at month end that the entire supply of PAX Gold tokens corresponds 1:1 with ounces of London Good Delivery gold held in vaults.”
paxos.com ↗“Additionally, Chainlink will develop on-chain Proof of Reserve Data Feeds for Paxos assets, allowing DeFi applications to quickly verify on-chain that PAX tokens are fully backed 1:1 by US Dollars and PAXG tokens are fully backed by gold bars, both of which are held off-chain in Paxos’ custody.”
Verifier note: lost head-to-head to incumbent 788e6543-2af9-426a-9c4f-7e0e8777380a: The claims and their cited evidence are identical: both directly state 100% (1:1) backing and describe month-end independent verification plus on-chain Proof of Reserve feeds. Because quality is tied, the incumbent wins.
What it isPAX Gold is an asset-backed digital token issued by Paxos Trust Company. Each PAXG represents one fine troy ounce of London Good Delivery gold stored in London vaults.UnverifiedMore
Holders own the allocated underlying gold held in Paxos custody.
Sources · 3
paxos.com ↗“PAX Gold is a digital asset where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vaults in London.”
paxos.com ↗“Anyone who owns PAX Gold owns the underlying gold which is held under the custody of Paxos Trust Company.”
paxos.com ↗“PAX Gold is issued by Paxos Trust Company, a financial institution regulated by the NYDFS. The NYDFS also regulates Paxos’ individual products, ensuring greater customer protections and higher standards of operation. The NYDFS has specifically approved PAX Gold as an authorized and regulated Paxos product.”
Verifier note: lost head-to-head to incumbent 770ec783-e4ff-42d6-bc92-7a00f57a3978: Both claims directly address the token, holder claim, and backing, but the incumbent more specifically describes the physical backing as allocated to identifiable bars, and its own evidence expressly supports allocation down to each bar’s serial number. The new claim names the issuer and London vault location, but its assertion that the gold is allocated is not as directly supported by its cited excerpts.
Exit pathsGold retailers convert smaller PAXG amounts into physical gold worldwide. Paxos does not disclose minimums, timing, fees, caps, or gates.UnverifiedMore
Sources · 1
paxos.com ↗“Through Paxos.com, customers can redeem full-sized London Good Delivery gold bars. Through a network of gold retailers, they can convert smaller amounts to physical gold all over the world.”
Verifier note: panel 1/3 confirmed (sourceDomains=1) | gpt: confirmed — The whitepaper states that smaller PAXG amounts can be converted to physical gold through a network of gold retailers “all over the world.” The fetched content gives no retail-redemption settlement ti | anthropic: unsupported — The whitepaper confirms that Paxos.com allows redemption of full-sized London Good Delivery bars and states: 'Through a network of gold retailers, they can convert smaller amounts to physical gold all | gpt: unsupported — goal-fit: The source confirms the stated method—smaller PAXG amounts can be converted to physical gold through a worldwide network of gold retailers—but the value does not answer the full slot questio
Exit pathsVerified users request London Good Delivery bars through the Paxos Account Page. Each bar requires at least 430 PAXG plus the User Guide fee.UnverifiedMore
Users arrange London delivery. Paxos does not disclose standard timing, caps, or gates.
Sources · 5
rwa.xyz ↗“Verified users have the option to redeem the PAXG tokens for physical gold, In order to redeem PAXG into physical Gold, users must submit a redeem request for over 430 PAXG tokens on the Account Page and set up a time for London Good Delivery of the physical gold bars.”
paxos.com ↗“You must redeem a minimum of 430 PAXG tokens plus the fee set forth in the Paxos User Guide, per London Good Delivery gold bar.”
paxos.com ↗“Through Paxos.com, customers can redeem full-sized London Good Delivery gold bars. Through a network of gold retailers, they can convert smaller amounts to physical gold all over the world.”
paxos.com ↗“If customers hold more than 430 oz in PAX Gold, they can redeem their tokens for a physical gold bar.”
Verifier note: panel 0/2 confirmed (sourceDomains=2) | gpt: contradicted — The physical-bar method, 430-PAXG minimum plus User Guide fee, Paxos Account requirement, and customer-arranged delivery service are supported. However, Paxos does disclose timing and gates: redemptio | anthropic: unsupported — goal-fit: While the fetched sources confirm most redemption mechanics (minimum 430 PAXG, Account Page submission, London Good Delivery bars, fee referenced in User Guide), they do NOT disclose standar
Minimum investment15UnverifiedMore
Sources · 1
paxos.com ↗“Given that PAX Gold has a very low investment minimum (0.01 PAXG or ~$15), fractional bar ownership is now possible for retail customers unlike ever before.”
Verifier note: panel 1/3 confirmed (sourceDomains=1) | gpt: unsupported — The source states a purchase minimum of 0.01 PAXG and describes its value only approximately as “~$15.” It does not support an exact minimum initial subscription/mint of 15; it also separately notes a | anthropic: confirmed — The whitepaper directly answers the slot question (minimum initial subscription/mint): it states the purchase minimum is 0.01 PAXG, described as 'a very low investment minimum (0.01 PAXG or ~$15)'. Th | kimi: unsupported — The source states the investment minimum as 0.01 PAXG, with '~$15' given only as an approximate USD equivalent tied to the gold price at the time of writing, not as a stated $15 minimum. The whitepape
Run operations
Underlying issuer entity 2ca048ae-4d9e-41d6-8adb-e810de6bf1cd · last updated 2026-08-07T14:18:47.551Z
0 source channels auto-trusted this run (revocable in Autoresearch)
resolve · resolve-light · ok · 12 links
ingest · ingest · weak
plan · plan · ok
synthesize · synthesize · ok
Coverage
33 of 43 fields verified · 0 unverified · 6 not found
Run 2026-08-07T14:18:47.602Z · done · cost $0.00
Automated research, human-reviewed. Verify against source documents before credit decisions.
