Plan fulfillment
SlotStatusClasses covered
Bar listRejected-retryIssuer-docs
Vault custodyRejected-retryAggregator, issuer-docs
In-kind redemptionFilled-verifiedAggregator, issuer-docs
AttestationsFilled-verifiedAudit, issuer-docs
CustodianFilled-verifiedIssuer-docs
NetworksFilled-verifiedAggregator, issuer-docs
Canonical deploymentRejected-retryAggregator, issuer-docs
Bridge providerEmptyNone
Bridge custodyEmptyNone
Oracle dependenciesFilled-verifiedIssuer-docs
Supply and mint authorityEmptyIssuer-docs
Key managementEmptyNone
Incident responseFilled-verifiedIssuer-docs
Monitoring and attestationFilled-verifiedIssuer-docs
Bridge & oracleRejected-retryNone
What it isFilled-verifiedIssuer-docs
How it worksFilled-verifiedIssuer-docs
CategoryFilled-verifiedAggregator, issuer-docs
Holder's claimFilled-verifiedIssuer-docs
Underlying issuerEmptyIssuer-docs
CompositionRejected-retryIssuer-docs
Structure & qualityRejected-retryIssuer-docs
Yield sourceRejected-retryNone
Yield mechanicsRejected-retryNone
Legal entityEmptyIssuer-docs
What the issuer doesFilled-verifiedIssuer-docs
LaunchedFilled-verifiedAggregator, issuer-docs
Operating historyFilled-verifiedIssuer-docs
Service providersRejected-retryAggregator, audit, issuer-docs
RegimeFilled-verifiedAggregator, regulator, issuer-docs
VehicleFilled-verifiedIssuer-docs, aggregator
Bankruptcy remoteEmptyIssuer-docs
If the issuer failsFilled-verifiedIssuer-docs
Transfer restrictionsFilled-verifiedIssuer-docs
CustodiansFilled-verifiedAggregator, issuer-docs
Attestation frequencyEmptyIssuer-docs
AuditsRejected-retryIssuer-docs
Admin powersFilled-verifiedIssuer-docs
UpgradeabilityFilled-verifiedIssuer-docs
Mint authorityFilled-verifiedNone
Freeze authorityFilled-verifiedNone
Fee scheduleRejected-retryIssuer-docs, aggregator
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
Yield source — searched, not found: The corpus provides no anchored evidence that PAXG generates yield or identifies an economic yield source.
Yield mechanics — searched, not found: The corpus provides no anchored evidence describing holder yield, distributions, rebasing, staking, or NAV-based income accrual.
Issuer ownership — searched, not found: The corpus does not disclose dated ownership, acquisition, or parent-company changes for Paxos Trust Company, N.A.
Key people — searched, not found: The corpus does not identify PAXG's founding team and current leadership with dated departures or role changes.
Tax treatment — searched, not found: The corpus discloses no PAXG tax classification, pass-through treatment, K-1 treatment, or entity-level taxation.
Bridge provider — searched, not found: The corpus does not identify a Solana bridge operator or minting mechanism.
Bridge custody — searched, not found: The corpus does not identify bridge-locked collateral, controlling contracts, signers, or entities.
Unilateral changes — searched, not found: The assigned PAXG evidence does not establish all terms Paxos may change without holder consent.
Key management — searched, not found: The corpus does not disclose privileged-key custody, signer identities, thresholds, distribution, or timelocks.
Mint authority — searched, not found: No deterministic chain read identifies the current Solana mint-authority type or controlling account.
Freeze authority — searched, not found: No deterministic chain read identifies the current Solana freeze-authority type or controlling account.
Authority multisig — searched, not found: No chain read identifies a multisig program, threshold, member count, or controlling account.
Bridge configuration — searched, not found: No chain read identifies a bridge program or relevant program and authority accounts.
Token extensions — searched, not found: No chain read establishes security-relevant Token-2022 extensions.
Minimum — searched, not found: The corpus states a 430-PAXG or 430-XAU physical minimum, not a nonvolatile USD amount.
Bridge & oracle — searched, not found: The corpus provides no PAXG-specific bridge, locked-collateral, or oracle evidence.
Minimum investment — searched, not found: The corpus provides no initial subscription minimum denominated in USD.
Final terms document — searched, not found: The corpus does not provide a final instrument identifier and original registry URL.
Corporate-action passthrough — searched, not found: The corpus does not describe corporate-action treatment for this physical-gold instrument.
Rejected facts
VehiclePaxos Trust Company, N.A., a U.S. national banking association regulated by the OCC, manages the allocated-gold stablecoin.DisputedMore
Sources · 3
Paxos Trust Company, N.A. is not evidenced as the specific PAXG issuer/manager; 6bc188c2 attributes management to 'Paxos' generically.
e9b0cf7a does not substantiate any part of the value.
The slot asks for the legal wrapper protecting holders (LP/trust/SPV/foundation) and its jurisdiction; the value instead describes the issuer/regulator status. The richer holder-protection wrapper (segregated custodial accounts held for the benefit of token holders, bankruptcy-remote accounts per ef030e20/d611e81f/35994523/979d4a67) is omitted from what the vehicle actually is.
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”)”
paxos.com ↗“the allocated gold stablecoin managed by Paxos (“PAX Gold”)”
Verifier note: WARNING: evidence class mismatch; substance and goal-fit review required | panel 1/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — goal-fit: The cited general terms identify Paxos Trust Company, N.A. as a U.S. national banking association regulated by the OCC and separately describe PAX Gold as an allocated-gold stablecoin manage | anthropic: confirmed — All three claimed quotes appear verbatim in the fetched General Terms and Conditions (Last Modified: December 12, 2025). Section 1 states the contract is with "Paxos Trust Company, NA, a national bank
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.
Launched2019-08-26DisputedMore
Sources · 1
reject
Verifier note: WARNING: evidence class mismatch; substance and goal-fit review required | panel 1/2 confirmed (sourceDomains=1, disputed) | gpt: contradicted — The source labels 08/26/2019 as the “Inception Date,” but separately states that PAXG was launched in September 2019. An inception date does not establish the requested launch date, and the source’s e | anthropic: confirmed — The cited rwa.xyz PAXG page lists 'Inception Date 08/26/2019', which directly answers the slot question (when the token launched) and exactly matches the claimed launch_date of 2019-08-26. Although th
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 documentsPax Gold Terms & Conditions, legal terms, modified June 30, 2026: https://www.paxos.com/terms-and-conditions/pax-gold-terms-conditionsUnverifiedMore
Sources · 5
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 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.”
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 0/3 confirmed (sourceDomains=1) | gpt: unsupported — The archived PAX Gold page supports the document type as legal terms and the original-source URL, but it does not state a June 30, 2026 modification date in the supplied content. That date appears onl | anthropic: unsupported — The claim gives the PAX Gold Terms & Conditions document a modification date of 'June 30, 2026'. The archived PAX Gold Terms content (sections 4-16 plus footer) does NOT contain any 'Last Modified' da | gpt: unsupported — goal-fit: The URL is substantiated as an original Paxos legal-terms document, but the atomic value does not provide the required document type and date. The separate stablecoin page’s “Last Modified:
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
OnboardingPaxos requires verified status before holders can request physical-gold redemption.UnverifiedMore
Sources · 1
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 0/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The source states that verified users may request physical-gold redemption, but it does not specify the KYC/KYB requirements, the process or turnaround for becoming verified/whitelisted, or | anthropic: unsupported — goal-fit: The quote is verbatim-accurate to the archived source ('Verified users have the option to redeem the PAXG tokens for physical gold...'), so the underlying value that verified status gates ph
Who can hold/mintU.S. and global retail investors may access the primary market; Paxos excludes minors and legally underage users.DisputedMore
Sources · 2
Omits d7eefcce (services to purchase/redeem/transfer may be unavailable based on residence or registering entity), which is the corpus's only support for the slot's required 'excluded jurisdictions' element. Value asserts broad US/global retail access without the residence-based restrictions.
paxos.com ↗“If you are under the age of eighteen (18) or the legal age for entering legally binding contracts under applicable laws, you are not permitted to use any of the Paxos Platform.”
Verifier note: panel 1/2 confirmed (sourceDomains=2, disputed) | gpt: unsupported — goal-fit: RWA.xyz labels PAXG primary-market eligible investors as “U.S. and Global Retail,” but it is an aggregator and does not establish direct mint/redeem eligibility, KYC tiers, accreditation req | anthropic: confirmed — Both cited quotes appear verbatim in the archived sources and directly answer the slot question about investor classes for the primary market. rwa.xyz lists 'Eligible Investors: U.S. and Global Retail
ConcentrationUnallocated-gold balances depend on a third-party clearing bank, creating concentrated operational and insolvency exposure.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 8c77acde-0db0-4e12-a333-5b1d7c575ce0: The incumbent directly addresses both underlying concentration and dependency concentration, naming PAX Gold and allocated gold while separately identifying Clearing Bank dependence for unallocated balances. Its own cited evidence supports both components; the new claim covers only the Clearing Bank dependency.
Depeg / liquidityLarge crypto-asset price and liquidity fluctuations can move PAXG's secondary-market price away from its redemption value.DisputedMore
Sources · 1
Same generic crypto-fluctuation evidence (9fb0c1e2). The claim that PAXG's secondary price moves away from redemption value is an inference not stated in evidence; PAXG tracks gold, and no historical depeg episode or NAV-deviation disclosure is present. Overstated relative to the source.
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 0/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — goal-fit: The source supports only a generic warning that crypto-asset prices and liquidity can fluctuate substantially. It does not state that broader crypto-asset fluctuations cause PAXG's secondary | anthropic: unsupported — goal-fit: The SLOT QUESTION asks what could push PAXG's secondary-market price away from its NAV/redemption value and for historical episodes of such divergence. The only supported material claim is t
Exit riskMarket closures prevent new platform orders, while redemptions may take several business days and downtime holds pending orders.DisputedMore
Sources · 4
The slot's core question—what happens when everyone redeems at once (caps, windows, notice, queuing)—is not answered. Evidence covers only market hours and multi-day settlement; there is no gate/queue/suspension-under-stress disclosure. Value substitutes ordinary trading-hours and settlement facts for a run scenario the corpus does not address.
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.”
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).”
insights.paxos.com ↗“the Exchange or your Account may be temporarily interrupted (“**Downtime**”). Information on scheduled maintenance windows can be found on our Site. Open orders and/or exchanges will be held during Downtime and processed normally following Downtime.”
Verifier note: panel 0/2 confirmed (sourceDomains=1, disputed) | gpt: contradicted — The redemption-delay and Downtime components are supported: conversion or redemption may take several business days, and open orders/exchanges are held during Downtime. However, the market-closure sta | anthropic: unsupported — goal-fit: Every factual sub-claim is textually supported by the union of sources — 'When markets are closed, orders cannot be placed on the Paxos platform' (price-determination article), 'It may take
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.
Hack / smart contractCompromised private keys can cause irreversible PAXG theft, while unsupported Ethereum forks may leave tokens without backing.UnverifiedMore
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 ↗“transactions in crypto assets may be irreversible, and accordingly, losses due to fraudulent or accidental transactions may not be recoverable;”
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 issuer terms support irreversible loss from compromised holder private keys and loss of backing/services on unsupported Ethereum forks. However, the claim does not answer the slot | anthropic: unsupported — goal-fit: The SLOT QUESTION asks specifically about the on-chain attack surface — mint/redeem contracts, bridges, upgrade keys, oracles. Every quoted claim here is accurately supported by the fetched
CustodianPAXG unallocated-gold redemptions depend on a third-party clearing bank whose default or operational failure can block balances.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 identify the same third-party Clearing Bank dependency and cite identical evidence concerning temporary or permanent balance unavailability from default, insolvency, or operational error. The new claim's reference to redemptions is not expressly supported by the quoted evidence, so it is not better supported; under the tie rule, the incumbent wins.
Issuer failurePaxos-held assets generally lack Paxos or government insurance, exposing holders to unrecovered losses if Paxos fails.UnverifiedMore
Sources · 1
insights.paxos.com ↗“Except as expressly stated in this Agreement, all assets directly held by Paxos are not insured by Paxos or by any government agency.”
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The source confirms that, except where expressly stated, assets directly held by Paxos lack Paxos or government insurance. It does not establish that Paxos’s own failure would cause holders | anthropic: confirmed — goal-fit: the claim addresses what holders lose if the issuer (Paxos) fails — directly on-target for the slot question about issuer failure/insolvency. The material claim is that Paxos-held assets gen
Credit / counterpartyA clearing-bank default, insolvency, or operational failure can make unallocated-gold 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 625aed6e-80ec-498f-b784-95316f16c5be: Both claims directly address clearing-bank credit exposure and cite identical evidence. The incumbent is slightly more specific by linking the risk to converted unallocated-gold balances and accurately includes the stated absence of Paxos liability; with otherwise tied support, the incumbent wins.
Underlying / economicPAXG holders can suffer substantial short-term losses when crypto-asset prices or liquidity fluctuate sharply.DisputedMore
Sources · 2
Grounded in generic crypto price/liquidity disclosures (fb699e7e, 9fb0c1e2). PAXG's underlying value source is physical gold, not generic crypto-asset volatility; the slot asks about deterioration of the underlying (gold). The corpus contains no gold-price risk disclosure, so this substitutes an off-target crypto-volatility narrative and mischaracterizes the instrument's economics.
paxos.com ↗“the risk of loss in trading crypto assets may be substantial and losses may occur over a short period of time;”
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 0/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — goal-fit: The cited issuer terms support generic crypto-asset volatility, liquidity, and short-term loss risk and expressly include PAX Gold within the covered assets. However, they do not support the | anthropic: unsupported — goal-fit: Both claimed quotes are verbatim accurate in the fetched source — section 5.3(a) ('the risk of loss in trading crypto assets may be substantial and losses may occur over a short period of ti
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
Caps / gatesPaxos accepts platform orders only during London gold-market hours; downtime holds orders until service resumes.DisputedMore
Sources · 3
Value describes London gold-market trading hours and downtime handling, not any per-investor or global redemption cap. The evidence (dd46129c, b40e13c3, 2667e48b) is about when platform orders can be placed, not about volume limits, queues, or notice periods on redemption. No redemption cap exists in the corpus; presenting a trading window as a 'cap' is unsupported scope.
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).”
insights.paxos.com ↗“the Exchange or your Account may be temporarily interrupted (“**Downtime**”). Information on scheduled maintenance windows can be found on our Site. Open orders and/or exchanges will be held during Downtime and processed normally following Downtime.”
Verifier note: panel 0/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — goal-fit: The sources describe Paxos platform trading availability and generic service-interruption handling, not per-investor or global redemption caps, redemption notice periods, or treatment of red | anthropic: unsupported — goal-fit: The quotes are all accurately reproduced and supported by the archived sources — Paxos does state PAXG purchases/sales are only available during London gold market hours (Sun 6pm ET–Fri 5pm
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
Exit pathsPaxos account holders can convert PAXG into Loco London unallocated gold; settlement may require 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: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The sources confirm that Paxos account holders may convert PAXG into unallocated gold sent to a disclosed Loco London account. However, “up to several business days” describes when the Paxos | anthropic: confirmed — Both claimed quotes appear verbatim in the archived sources. The whitepaper (Page 9, 'Using PAX Gold') states: 'Paxos account holders can convert PAX Gold into U.S. Dollars or unallocated gold in a Lo
Exit pathsPaxos account holders can convert PAXG into U.S. dollars; settlement may require 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 b9b239ec-41d6-4956-bfb0-abebf441edba: The claims are substantively equivalent and cite identical evidence. Neither fully covers the slot's minimum, caps/gates, or fee fields, and 'settlement' is not more precise than the evidence's account-balance processing language. Quality is tied, so the incumbent wins.
Unilateral changesPaxos may change or increase fees at any time, effective upon posting. Paxos may suspend accounts, refuse purchases or redemptions, and freeze funds without notice in its sole discretion.UnverifiedMore
Sources · 2
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.”
insights.paxos.com ↗“we reserve the right, in our sole and absolute discretion, to block access to or to suspend, close or terminate your Account, refuse to let you purchase or redeem your crypto assets, and freeze all funds or assets in your Account, at any time, with or without advance notice,”
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The stablecoin terms confirm that Paxos may change its fee structure or increase fees at any time, effective upon posting, subject to legally required notice. However, the account-suspension | anthropic: confirmed — Both claimed quotes are reproduced verbatim in the archived sources. The fee-change language matches Section 2.8.4.1 of the stablecoin terms exactly ('We reserve the right to change or modify our fee
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
Fee schedulePAXG charges a 0% performance fee.UnverifiedMore
Sources · 1
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The cited RWA.xyz page explicitly lists “Performance Fees 0%,” but it is an aggregator rather than a qualifying legal-terms or issuer-docs source, and the value does not identify who charges | anthropic: confirmed — The archived rwa.xyz page for Paxos Gold (PAXG) lists 'Performance Fees 0 %' in both the Key Facts and Fees sections. The value answers the slot question: rate = 0%, charged by the issuer (Paxos/PAXG)
Fee schedulePAXG charges a 0% management fee.UnverifiedMore
Sources · 1
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The aggregator states a 0% management fee for PAXG, but it does not explicitly establish who charges that fee; attributing the charge to PAXG rather than the issuer, Paxos, is imprecise and | anthropic: confirmed — The cited rwa.xyz page for Paxos Gold lists 'Management Fees 0 %' explicitly, matching the claimed rate. The claim identifies the fee as a management fee at 0% attributed to PAXG/Paxos (the issuer), s
Incident responsePaxos froze four Ethereum addresses in November 2022 and coordinated with regulators and law enforcement.UnverifiedMore
Sources · 2
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.”
Verifier note: lost head-to-head to incumbent 076a3343-73f3-40f1-81da-bb6813fb1af5: The incumbent includes the same specific November 2022 freeze history while additionally citing Paxos’s formal criteria for freezes, including legal directives, partner notifications, and discretionary action. It therefore addresses both incident-response procedure and response history more directly and completely.
UpgradeabilityPaxos may upgrade all PAXG regardless of custody location. The corpus discloses no approval threshold or execution delay.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: The claims are substantively equivalent and cite identical evidence. Both directly identify Paxos as able to upgrade all PAXG tokens regardless of custody location and accurately note that the cited evidence gives no approval process or execution delay. With no specificity or support advantage, the incumbent wins the tie.
Admin powersPaxos can freeze addresses, freeze all PAXG, upgrade tokens, restrict accounts, and seize assets under binding legal directives.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.”
insights.paxos.com ↗“we reserve the right, in our sole and absolute discretion, to block access to or to suspend, close or terminate your Account, refuse to let you purchase or redeem your crypto assets, and freeze all funds or assets in your Account, at any time, with or without advance notice,”
paxos.com ↗“If tokens are seized, the Paxos transaction generation will ensure that the seized funds are sent to a segregated wallet address held by Paxos for the purposes of seizure/forfeiture, until such time as they may be disposed of or otherwise handled as required by law.”
Verifier note: lost head-to-head to incumbent 34c2de76-6cbc-4995-90d9-d26bc7dc7021: The incumbent more directly and comprehensively identifies Paxos as the holder of create, destroy, freeze, and upgrade powers and specifies the processes or triggers governing freezes: formal legal directives, contractual partner notices, or Paxos’s sole discretion. Its own cited evidence expressly supports each element. The new claim omits creation/destruction authority, mixes token controls with account restrictions, and does not identify any multisig, timelock, or committee gate.
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
Canonical deploymentEthereum hosts native ERC-20 PAXG at 0x45804880De22913dAFE09f4980848ECE6EcbAf78. The corpus does not classify Solana as native or bridged.UnverifiedMore
Sources · 3
rwa.xyz ↗“Ethereum
Native
Distributed
ERC-20”
docs.paxos.com ↗“Solana Mainnet Beta 5GgRAEmv8ZxF2PR5hY72Qs5x1bnQ6UK2RbTPoqJ3wSwW”
Verifier note: panel 1/2 confirmed (sourceDomains=2) | gpt: unsupported — goal-fit: The sources support Ethereum as a native ERC-20 deployment at 0x45804880De22913dAFE09f4980848ECE6EcbAf78, and Paxos lists the stated Solana mint. However, neither source states whether the S | anthropic: confirmed — The value states Ethereum as the canonical host of native ERC-20 PAXG at 0x45804880De22913dAFE09f4980848ECE6EcbAf78, and that the corpus does not classify Solana. rwa.xyz's Tokens table explicitly lis
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.
AuditsPaxos subjects its AML program to annual independent testing by qualified personnel or an independent third party.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 explicitly states that Paxos’s AML program undergoes an annual independent AML audit conducted by knowledgeable independent personnel or a third party. However, this is an AML com | anthropic: unsupported — goal-fit: The quoted text is an exact, verbatim match to the archived Paxos AML/KYC disclosure, so the value 'audits_aml = Paxos subjects its AML program to annual independent testing by qualified per
AuditsWithum performs AICPA-standard monthly reserve examinations comparing PAXG supply with third-party-custodied United Kingdom gold.UnverifiedMore
Sources · 2
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: 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 source supports Withum month-end AICPA-standard attestation procedures comparing PAXG supply with UK third-party-custodied gold, but the slot requires dated scope for both fund/reserve a | anthropic: confirmed — The cited Paxos press release directly supports every element of the claim: Paxos engaged Withum (a 'nationally top-ranking auditing firm') to independently verify that the entire supply of PAX Gold t
Vault custodyBrink’s custodies allocated gold in locked London LBMA vaults. Its insurance covers vault and transit losses benefiting PAXG holders.DisputedMore
Sources · 5
Insurance attribution overreach. Evidence 19bd74b2 states 'our vault provider maintains insurance' and a17455fb covers vault+transit, but neither names Brink's as the insurer; the value attributes the insurance to Brink's specifically. Also a72009c4 describes the security facility/London vaults generically rather than a named Brink's vault; the LBMA characterization comes from b42c06b0. Segregation model and jurisdiction detail the slot requests are thin.
app.rwa.xyz ↗“Custodian
Legal Identifier
Brink’s Global Services Ltd.”
paxos.com ↗“The gold is
<!-- Page 7 -->
secured, stored and safeguarded at a precious metals security facility within locked London vaults.”
paxos.com ↗“PAXG is backed by one fine troy ounce of gold, stored in LBMA 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.”
Verifier note: panel 1/2 confirmed (sourceDomains=2, disputed) | gpt: unsupported — evidence class mismatch | anthropic: confirmed — Each material claim in the narrative is supported by the union of the fetched sources. (1) Brink's as custodian: rwa.xyz lists 'Custodian / Legal Identifier: Brink's Global Services Ltd.' (2) Allocate
Bar listPaxos publishes address-specific allocations containing bar serial numbers and physical characteristics. Withum reconciles Ethereum supply against custodied gold.UnverifiedMore
Sources · 4
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 ↗“Withum checks that amount against amounts found on Etherscan , an Ethereum network API, for that time and day.”
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) | gpt: unsupported — goal-fit: The sources support address-based lookup of dynamically allocated bar serial numbers and physical characteristics, and state that Withum performs point-in-time/month-end reconciliation of to | anthropic: unsupported — goal-fit: The substance of the claim is well-supported — the Paxos knowledge base confirms holders can look up a gold bar's serial number, brand code, gross weight, fineness, and fine weight via an Et
If the issuer failsPAXG holders retain beneficial ownership of segregated gold outside Paxos's estate. The corpus does not identify senior competing claimants.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 holders own allocated underlying gold, Paxos custodies it in a segregated vault account, and the gold is represented as excluded from Paxos’s insolvency estate. | anthropic: confirmed — The whitepaper directly supports every material claim. On issuer failure, holders retain ownership of segregated gold outside the estate: 'customer assets are kept separately from the company's assets
Service providersBrink's Global Services Ltd., gold custodian; WithumSmith+Brown, independent verifier; INTL FCStone, gold sourcing and pricing provider.UnverifiedMore
Sources · 4
rwa.xyz ↗“Custodian
Legal Identifier
Brink’s Global Services Ltd.”
paxos.com ↗“Further, Paxos has deep experience providing digital services to the institutional gold market through its post-trade settlement services, giving Paxos the ability to leverage relationships with premium institutions like Brink’s for gold storage and INTL FCStone for sourcing gold and receiving live pricing data.”
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) | gpt: unsupported — Brink’s is supported as providing gold storage, Withum as the independent month-end verifier, and INTL FCStone as a source of gold and live pricing data. However, the qualifying issuer evidence does n | anthropic: confirmed — The slot asks for named custodians, auditors, and providers serving the product. RWA.xyz lists Custodian 'Brink's Global Services Ltd.' and Auditor 'WithumSmith+Brown', matching the claim's gold custo
BackersOak HC/FT; Declaration Partners; Founders Fund; Mithril Capital; PayPal Ventures.UnverifiedMore
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 instruction, the incumbent wins.
Operating historyPaxos serves enterprises including PayPal, Interactive Brokers, Mastercard, Mercado Libre and Nubank.UnverifiedMore
Sources · 2
paxos.com ↗“Its blockchain solutions are used by leaders like PayPal, Interactive Brokers, Mastercard, Mercado Libre and Nubank.”
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”
Verifier note: lost head-to-head to incumbent c7911900-139c-4cb7-a42b-a8d887ec34ab: The incumbent directly provides dated milestones and a quantitative scale indicator, with each detail supported by its own cited evidence. The new claim names enterprise users and mentions operating for over a decade, but the claim itself omits the operating-duration statement and is less milestone-specific.
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.
HoldingsOne fine troy ounce of vaulted London Good Delivery gold per PAXG, verified monthly on a 1:1 basis.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.”
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 one fine troy ounce of vaulted London Good Delivery gold per PAXG and month-end independent 1:1 verification, but the disclosed holding lacks the as-of date required by t | anthropic: confirmed — Both fetched sources directly support the value. The whitepaper states 'PAX Gold is a digital asset where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in profess
Structure & qualityPaxos allocates every token to specific gold bars. Sub-bar holders own pro rata bar interests.UnverifiedMore
Paxos may change bar assignments throughout each day as transactions occur. Paxos illustrates a full bar as approximately 400 ounces.
Sources · 4
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.”
support.paxos.com ↗“Note that this allocation may change constantly given that the system takes into account all PAXG transactions throughout the day.”
Verifier note: panel 0/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The issuer documentation supports the stated allocation mechanics, pro rata interests, transaction-driven reassignment, and the illustrative 400-ounce bar assumption. However, these facts do | anthropic: unsupported — goal-fit: Every material claim (per-token allocation to specific bars, pro rata sub-bar ownership, intraday reallocation to reflect transactional activity, and the ~400oz full-bar illustration) is tex
Reserve compositionAllocated physical London Good Delivery gold comprises the disclosed reserve. Paxos assigns gold to tokens by bar serial number.UnverifiedMore
No residual reserve category is disclosed in the assigned evidence.
Sources · 3
paxos.com ↗“PAX Gold is backed by physical gold and is allocated down to the serial number of each individual bar.”
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 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 1:1 by allocated physical London Good Delivery gold, including fractional interests in specific serial-numbered bars. However, they do not provide the | anthropic: confirmed — goal-fit: the claim addresses reserve composition and residual categories, which is the core of the SLOT QUESTION (asset class + undisclosed/residual categories). Every material claim is supported by
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).
Holder's claimDirect ownership of allocated physical gold, including a pro rata interest when holdings represent less than one bar.UnverifiedMore
Sources · 4
paxos.com ↗“Anyone who owns PAX Gold owns the underlying gold which is held under the custody of Paxos Trust Company.”
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.”
paxos.com ↗“PAX Gold customers own the underlying physical gold, while also benefiting from the speed and mobility of a digital asset.”
paxos.com ↗“A customer purchasing allocated gold has ownership over specific gold bars that can be held in a vault or by the customer. A customer purchasing unallocated gold does not have ownership over specific gold bars, but rather has entitlement to some share of a certain quantity of gold.”
Verifier note: lost head-to-head to incumbent 32599130-5b77-4dd6-a598-dbeaa63862ae: Both claims directly and equivalently state ownership of allocated physical gold, including a pro rata bar interest for fractional holdings, and each is supported by its own cited evidence. The new claim adds no material specificity, so the incumbent wins the tie.
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 ↗“PAX Gold is backed by physical gold and is allocated down to the serial number of each individual bar.”
Verifier note: lost head-to-head to incumbent c7a58b00-b9fb-475d-9356-010926cd98d7: Both claims directly classify PAXG as commodity-rwa and are comparably supported by evidence identifying physical gold as the underlying asset. The new claim's bar-level allocation detail does not make the identical classification materially better supported, so the incumbent wins under the tie rule.
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 documentsGeneral Terms and Conditions; platform agreement; last modified December 12, 2025.UnverifiedMore
Sources · 2
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) | gpt: unsupported — goal-fit: The source confirms the document is Paxos’s General Terms and Conditions, describes it as an agreement governing the Paxos Platform, and states “Last Modified: December 12, 2025.” However, t | anthropic: confirmed — The archived source shows the header 'General Terms and Conditions' with 'Last Modified: December 12, 2025', and the Introduction confirms it is a platform agreement ('Your agreement with Paxos consis
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
Exit pathsVerified holders submit over 430 PAXG and arrange London Good Delivery; Paxos charges the User Guide bar fee.DisputedMore
Sources · 2
RWA.xyz says physical redemption requires over 430 PAXG.
Paxos terms say physical redemption requires at least 430 PAXG plus the applicable bar fee.
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.”
Verifier note: panel 1/2 confirmed (sourceDomains=2, disputed) | gpt: unsupported — goal-fit: The claim incompletely and imprecisely describes this exit path. Paxos limits platform redemption to fully verified Paxos Customers with an Account, not verified holders generally; states a | anthropic: confirmed — goal-fit: the claim answers the SLOT QUESTION for the physical-bar exit path (method = redeem into Allocated Gold / London Good Delivery bars, minimum = 430 PAXG per bar, fee = per-bar fee set in the
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
Monitoring and attestationChainlink operated live PAXG price feeds in January 2021, while its PAXG Proof-of-Reserve feed remained forthcoming.DisputedMore
Sources · 2
Explicitly caveat that current PoR status is not established by the corpus.
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 ↗“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.”
Verifier note: panel 1/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — goal-fit: The January 14, 2021 issuer document confirms that Chainlink-powered PAXG price feeds were live in production and that PAXG Proof-of-Reserve feeds were upcoming. However, “Chainlink operated | anthropic: confirmed — The archived Paxos newsroom article (dated Jan 14, 2021) directly supports both parts of the claim. It states the integration is "now live in production" and "involves the launch of Chainlink-powered
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.
CustodiansBrink's Global Services holds PAXG gold in the United Kingdom for Paxos Trust Company and token holders.UnverifiedMore
Sources · 2
app.rwa.xyz ↗“Custodian
Legal Identifier
Brink’s Global Services Ltd.”
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=2) | gpt: unsupported — goal-fit: The sources identify Brink’s Global Services Ltd. as custodian and separately state that third parties hold the gold in the United Kingdom on behalf of Paxos; they do not explicitly establis | anthropic: confirmed — The custodians atomic value answers the core slot question (who holds the underlying). RWA.xyz names the custodian's legal identifier as 'Brink's Global Services Ltd.', and the Paxos newsroom confirms
Transfer restrictionsPaxos can freeze PAXG globally or by address for legal directives, partner notices, or its own determination.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 ecd62fd7-49a8-4d71-9da6-dfc3361060d6: Both claims directly establish that Paxos can freeze PAXG globally or by address and cite the same freeze conditions and real-world FTX action. The incumbent is more specific and better supported by its own evidence because it additionally explains that seized tokens may be transferred to a segregated Paxos wallet pursuant to legal requirements; therefore the new claim does not supersede it.
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.
Yield mechanicsPAXG reports accumulated income rather than cash distributions. Holders need no disclosed staking or claim step.UnverifiedMore
Sources · 3
Verifier note: panel 0/3 confirmed (sourceDomains=1) | gpt: unsupported — evidence class mismatch | anthropic: unsupported — evidence class mismatch: the only assigned evidence (c1b13c3a, c3245588, f31df88c) is tier-2 aggregator content from rwa.xyz, which falls outside the required evidence classes for this slot (issuer-do | gpt: unsupported — evidence class mismatch
Yield sourcePAXG provides gold-price exposure rather than a disclosed contractual yield. The product reports zero management and 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
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
Bridge & oracleBlockchain or third-party technology failures can disrupt token availability and cause losses. Paxos provides no network-security, functionality, or availability guarantee.DisputedMore
Sources · 2
Withdraw the candidate; retain only the unknown. Do not cite USD Stablecoin terms for a PAXG slot.
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 ↗“Paxos does not guarantee the security or functionality of any third-party software or technology and is not responsible for any losses of USD Stablecoins due to the failure of third-party software or technology.”
Verifier note: panel 1/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — goal-fit: The cited terms support general blockchain-network failure and third-party technology risks, including possible stablecoin losses and no guarantee of network security, functionality, or avai | anthropic: confirmed — The archived Paxos Terms and Conditions document directly supports both key claims in the risk statement. Section 1.3.1 explicitly states: 'We do not own or control any blockchains protocols, are not
Incidents & track recordThe SEC terminated its BUSD investigation on 2024-07-09 without recommending enforcement action.UnverifiedMore
Sources · 2
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 ↗“SEC Concludes Investigation of Paxos Following Wells Notice of February 2023”
Verifier note: lost head-to-head to incumbent 483cd9b8-f024-4f0a-a634-6431d48adc21: The incumbent directly documents a named enforcement settlement between Paxos and the NYDFS, with a precise date, historical compliance context involving Binance, and a specific $26.5 million penalty. Its own evidence fully supports these details. The new claim is also responsive and supported, but describes an investigation ending without enforcement, making it less notable and specific than the concluded regulatory action and monetary penalty.
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
0 source channels auto-trusted this run (revocable in Autoresearch)
discover · claude · ok · 209s · 28 links
discover · codex · ok · 137s · 31 links
resolve · resolve-light · ok · 18 links
ingest · ingest · weak
plan · plan · ok
synthesize · synthesize · ok
Coverage
28 of 43 fields verified · 0 unverified · 19 not found
Run 2026-08-07T09:58:15.165Z · done · cost $0.00
Automated research, human-reviewed. Verify against source documents before credit decisions.
