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Record sog_st_paxg

PAXGPax Gold

Also recorded as PAXG, Pax Gold, PAX Gold

Active
Lifecycle
Active
Issuance
Restricted
Reference target
Gold
Primary organization
PaxosNo additional recorded relationship
Launch
2019-09-05
Redemption
Physical Redemption
Backing
Commodity-backed
Stabilization
Issuer redemption
Last review
2026-06-14
Evidence
6 source records

Reviewed assessment

Identity and current state

This summary reports reviewed facts and uncertainty. It is not a rating or recommendation.

Tokenized physical gold issued by Paxos. Each PAXG represents one fine troy ounce of London Good Delivery gold, with bar allocation, monthly attestation, and multiple issuer exit paths recorded separately.

NamePax Gold
SymbolPAXG
AliasesPAXG, Pax Gold, PAX Gold
Asset classTokenized Commodity
Lifecycle statusActive
Issuance statusRestricted
Canonical record IDsog_st_paxg
Route slugpaxg
Record confidenceHigh
Last reviewed2026-06-14
Name
Pax Gold
Symbol
PAXG
Aliases
PAXG, Pax Gold, PAX Gold
Asset class
Tokenized Commodity
Lifecycle status
Active
Issuance status
Restricted
Canonical record ID
sog_st_paxg
Route slug
paxg
Record confidence
High
Last reviewed
2026-06-14
Record coverage
SectionEntries
Organizations1
Sources6
Reserve reports1
Reserve components1
Model-history events1
Regulatory notes0
Deployments1
Issuer-control actions0
Open questions2
Events1
Organizations and control

Primary display is a navigation and summary choice only. It does not replace other organizations or imply sole legal responsibility, operational control, reserve custody, or historical continuity.

Governance
Centralized
Primary display organization
Paxos
Primary display role
Legal issuer
Display selection mode
Deterministic Policy
Current relationships
1
Ended relationships
0
Unknown relationship state
0
Freeze capability
0 recorded yes · 0 recorded no · 1 not recorded
Blacklist capability
0 recorded yes · 0 recorded no · 1 not recorded
Deployment control-event references
0
Observed issuer-control events
0
Relationship coverage
1 recorded relationship
All current, ended, and unknown-state organization relationships
OrganizationOrganization categoryRegulatory characterJurisdictionRoleDisplay priorityFromUntilRelationship status
PaxosCompany or corporate groupNot recorded in canonical dataUnited StatesLegal issuerPrimary display2019-09-05Not yet recordedActive relationship
Company or corporate group

Paxos

Primary display
Functional role
Legal issuer
Relationship status
Active relationship
Regulatory character
Not recorded in canonical data
Jurisdiction
United States
From
2019-09-05
Until
Not recorded

Mechanism

How the asset works

Reference, backing, stabilization, exit, valuation, and yield remain separate facts.
Reference target
Gold
Reference kind
Commodity
Comparison category
Gold
Target value
1
Reference methodology
One PAXG represents one fine troy ounce of London Good Delivery gold.
Public backing model
Commodity-backed
Canonical backing types
Commodity
Reserve component categories
Commodity
Primary stabilization mechanism
Issuer redemption
Recorded model description
Allocated Physical Gold
Redemption / exit model
Physical Redemption
Valuation source
London gold market pricing used by Paxos
Yield / rebase profile
No recorded change · Accrual: No recorded change
Classification notes
Allocated tokenized gold, not a fiat stablecoin. Issuer sales, unallocated-gold redemption, and physical-bar redemption have different requirements.

Reserve and redemption

Reserve and redemption

Recorded components, disclosures, reports, and redemption conditions remain explicit.

Reserve components

  • Allocated commodity backingCommodity
Reserve profile
Disclosure statusMonthly Attestations Available
Backing typesCommodity
SummaryPaxos states that PAXG is allocated to specific London Good Delivery gold bars and publishes monthly independent attestation reports covering token supply and gold redemption assets.
As of2026-06-14
Profile confidenceHigh
Disclosure status
Monthly Attestations Available
Backing types
Commodity
Summary
Paxos states that PAXG is allocated to specific London Good Delivery gold bars and publishes monthly independent attestation reports covering token supply and gold redemption assets.
As of
2026-06-14
Profile confidence
High
Redemption profile
Current statusEligible Customers Only
Settlement assetUSD, unallocated Loco London gold, or physical London Good Delivery bar
Eligible partiesEligible Paxos account holders subject to onboarding, saved account details, quantity, location, and current terms.
Retail accessAvailable Subject to Paxos Terms
Institutional accessAvailable Subject to Paxos Terms
Minimum amountPhysical-bar redemption generally requires about 430 PAXG plus fees; other sale and unallocated-gold paths have separate limits.
FeeCreation, destruction, trading, delivery, and other applicable fees depend on the selected path.
Settlement timeLondon gold-market hours and Paxos processing apply.
Regional limitsPaxos account and jurisdiction eligibility apply., Physical-bar delivery is limited to eligible UK vault destinations under current guidance.
Current status
Eligible Customers Only
Settlement asset
USD, unallocated Loco London gold, or physical London Good Delivery bar
Eligible parties
Eligible Paxos account holders subject to onboarding, saved account details, quantity, location, and current terms.
Retail access
Available Subject to Paxos Terms
Institutional access
Available Subject to Paxos Terms
Minimum amount
Physical-bar redemption generally requires about 430 PAXG plus fees; other sale and unallocated-gold paths have separate limits.
Fee
Creation, destruction, trading, delivery, and other applicable fees depend on the selected path.
Settlement time
London gold-market hours and Paxos processing apply.
Regional limits
Paxos account and jurisdiction eligibility apply., Physical-bar delivery is limited to eligible UK vault destinations under current guidance.
Reserve and attestation history
DatePublisherTypeAssets coveredRecord confidence
2026-04-30Paxos / KPMG LLPMonthly Attestation IndexAllocated Physical GoldHigh

Paxos / KPMG LLP

2026-04-30
Type
Monthly Attestation Index
Assets covered
Allocated Physical Gold
Record confidence
High

Evidence

Evidence

Publisher, provenance, supported claims, archive state, reliability, and publication date remain separate.
6 source identities · 6 evidence relations
SourcePublisherSource categoryProvenancePrimary or secondarySupported claimsArchiveReliability
Paxos Launches PAX Gold
Published 2019-09-05
PaxosOfficial statement or announcement
Canonical: Issuer Statement
Subject-controlled sourcePrimary sourcePaxg Launch Issuer and One Ounce Gold DesignNo archive recordedHigh
PAX Gold Whitepaper
Published 2019-09-05
PaxosTechnical documentation or repository
Canonical: Whitepaper
Subject-controlled sourcePrimary sourcePaxg Token Contract Gold Ownership and Redemption DesignNo archive recordedHigh
PAX Gold transparency reports
Published Not yet recorded
PaxosReserve, assurance, or financial report
Canonical: Reserve Report Index
Assurance or financial-report sourcePrimary sourcePaxg Monthly Attestation ArchiveNo archive recordedHigh
PAXG allocation and physical gold bar details
Published Not yet recorded
PaxosOfficial documentation or product page
Canonical: Issuer Support
Subject-controlled sourcePrimary sourcePaxg Bar Allocation and Fractional OwnershipNo archive recordedHigh
How to buy, sell, or redeem PAX Gold
Published Not yet recorded
PaxosOfficial documentation or product page
Canonical: Issuer Support
Subject-controlled sourcePrimary sourcePaxg USD Unallocated and Physical Redemption PathsNo archive recordedHigh
PAX Gold price determination
Published Not yet recorded
PaxosOfficial documentation or product page
Canonical: Issuer Support
Subject-controlled sourcePrimary sourcePaxg London Gold Market Price SourceNo archive recordedHigh

Known unknowns

Known unknowns and coverage

Missing or disputed facts remain visible instead of being converted into certainty.
Open questions
TopicWhat remains unclearValue statePriorityLast checked
Physical Redemption TermsCurrent customer-specific bar, unallocated-gold, delivery, fee, and quantity requirements must be checked at redemption time.Unknown after reviewMedium2026-06-14
Additional DeploymentsPaxos identifies Solana support, but the canonical token identifier and lifecycle status are not yet normalized.Unknown after reviewMedium2026-06-14

Physical Redemption Terms

Current customer-specific bar, unallocated-gold, delivery, fee, and quantity requirements must be checked at redemption time.

Value state
Unknown after review
Priority
Medium
Last checked
2026-06-14

Additional Deployments

Paxos identifies Solana support, but the canonical token identifier and lifecycle status are not yet normalized.

Value state
Unknown after review
Priority
Medium
Last checked
2026-06-14

Lifecycle

History

Current classification remains separate from dated changes and incidents.

Model and lifecycle changes

  1. Paxos launches PAX GoldReserve Change
Event timeline
DateEventCategorySubtypeStatus effectRecovery
2019-09-05Paxos launches PAX GoldLaunch and introductionLaunchRemained activeNot applicable

Related records and corrections

Corrections and further reading

Open connected records, methodology, machine-readable data, or report a correction.