Gold
PAXG is a commodity-backed digital token issued by Paxos Trust Company. Each token represents one fine troy ounce of London Good Delivery gold stored in London vaults.
PAXG is a commodity-backed digital token issued by Paxos Trust Company. Each token represents one fine troy ounce of London Good Delivery gold stored in London vaults.
“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.”
“Anyone who owns PAX Gold owns the underlying gold which is held under the custody of Paxos Trust Company.”
“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.”
“© 2026 Paxos Trust Company, N.A. All Rights Reserved.”
Verifier note: panel 2/3 confirmed (sourceDomains=1) | trimmed uncited claims (1) and re-confirmed | gpt: unsupported — The sources support that PAXG is a digital token backed by London Good Delivery gold held in London vaults, with one token representing one fine troy ounce and fractional balances representing pro rat | anthropic: confirmed — Every material claim answers the slot question and is supported by the union of fetched sources. The whitepaper states one PAXG token represents one fine troy ounce of a London Good Delivery gold bar | gpt: confirmed — The issuer whitepaper supports that PAXG is issued by Paxos Trust Company, that each token represents one fine troy ounce of London Good Delivery gold held in London vaults, and that holders own the u
Underlying
Gold
Issuer
Paxos Trust Company, N.A.
United States
The synthesis's issuer citation is unverifiable/fabricated; supporting evidence must be re-anchored to an actual item (e.g. ad8298d5).
Per the direct issuance evidence, the legal entity should read 'Paxos Trust Company', not 'Paxos Trust Company, N.A.' The N.A. suffix is impermissibly imported from footer/company-name evidence.
Whether the token issuer is the NYDFS-regulated trust company or the OCC-regulated national association is genuinely disputed by the evidence; disputed should not be false.
“PAXG is issued by Paxos Trust Company, N.A., a U.S. national trust bank regulated by the OCC, and is available on Ethereum and Solana.”
Verifier note: WARNING: evidence class mismatch; trusted tier 1 evidence requires substance and goal-fit review | panel 2/2 confirmed (sourceDomains=1, disputed) | gpt: confirmed — The cited Paxos content explicitly states that “PAXG is issued by Paxos Trust Company, N.A.” This directly supplies the legal entity name requested by the slot and exactly matches the claimed value. | anthropic: confirmed — The fetched page states verbatim multiple times that 'PAXG is issued by Paxos Trust Company, N.A., a U.S. national trust bank regulated by the OCC, and is available on Ethereum and Solana' and 'Each P
Investors acquire PAXG through itBit or other exchanges. Paxos continuously allocates each token to specific bars or pro rata bar interests. Market value follows real-time gold prices. Investors exit by trading PAXG or redeeming eligible holdings for physical gold.
“On Paxos’ itBit and other exchanges, PAXG will trade against fiat and digital assets.”
“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 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.”
“Because PAX Gold represents physical gold, its value is tied directly to the real-time market value of gold.”
“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.”
Underlying issuer
Paxos Trust Company operates a regulated blockchain infrastructure and tokenization platform. It issues US dollar stablecoins including USDP, PYUSD, and BUSD, and its affiliates jointly issue USDG. It also issues PAXG, a tokenized gold product backed by vaulted gold.
Acceptable as 'Paxos Trust Company'; flag charter/N.A. ambiguity.
“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 2/2 confirmed (sourceDomains=1, disputed) | gpt: confirmed — The issuer whitepaper explicitly states: “PAX Gold is issued by Paxos Trust Company.” This directly supports the claimed legal entity name and answers the underlying_issuer slot. | anthropic: confirmed — The archived whitepaper text contains the claimed quote verbatim under Key Product Benefits ('Regulated - PAX Gold is issued by Paxos Trust Company, a financial institution regulated by the NYDFS...')
Pool-wide metrics
Growth of $10,000 over all history
$10,726.42
+$726.42As of August 8, 2026
Since inception
PAXG
+14.26%
Shared legal identity, ownership, people, incidents, and channels.
The legal claim, governing regime, and holder protections if the structure fails.
Protects holders if the issuer fails.
Regime is NYDFS oversight of a NY State-chartered trust company under NY virtual currency business regulation (0f1ab425, 31bf806b, 85ae5541, ff51a967, 5a7e1d3a). No corpus evidence supports OCC/national-bank status or a June 30, 2026 change.
“© 2026 Paxos Trust Company, N.A. All Rights Reserved.”
“The New York State Department of Financial Services (NYDFS) has approved Paxos to issue PAX Gold, making PAX Gold the first regulated digital gold product.”
Where the backing sits, who can touch it, and which independent checks apply.
Holds the underlying, independent of the issuer.
Paxos classifies these examinations as attestations, not audits.
“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.”
“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.”
Fee
Rate
Charged by
“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 2/2 confirmed (sourceDomains=1) | gpt: confirmed — The issuer whitepaper states that on-chain PAX Gold transfers via Ethereum incur a 0.02% Paxos transaction fee, separate from Ethereum gas fees. It also explicitly says Paxos charges the fee for on-ch | anthropic: confirmed — The whitepaper states verbatim: 'For transactions that occur on-chain (transferred via Ethereum), there is a low Paxos transaction fee (0.02%)' and separately 'Paxos charges a set fee rate for all on-
0.02%
The settlement ladder for exiting your position.
“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 2/2 confirmed (sourceDomains=1) | gpt: confirmed — The whitepaper expressly states that customers can convert smaller PAX Gold amounts into physical gold through a worldwide network of gold retailers. It provides no retailer-network-specific settlemen | anthropic: confirmed — The quote is reproduced verbatim in the archived whitepaper under Key Product Benefits > Redeemable: 'Through Paxos.com, customers can redeem full-sized London Good Delivery gold bars. Through a netwo
Concentration
PAXG concentrates economic exposure in allocated gold; unallocated-gold exits additionally depend on a third-party Clearing Bank
No 6bc188c2 in evidence.
“the allocated gold stablecoin managed by Paxos (“PAX Gold”)”
“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.”
Current onchain authority configuration first, followed by documented operational controls.
Permanent delegate
Transfer hook
Supply and mint authority
Canonical deployment
The corpus does not establish whether the Solana instance is issuer-native or bridged.
Verifier note: panel 2/2 confirmed (sourceDomains=1) | gpt: confirmed — The union of issuer sources supports every material lifecycle element: PAXG trades on itBit and other exchanges against fiat or digital assets; Paxos automatically maintains allocation to specific bar | anthropic: confirmed — The claim answers the SLOT QUESTION (acquire, value accrual, exit). Acquisition via itBit/other exchanges is supported by the whitepaper ("On Paxos' itBit and other exchanges, PAXG will trade against
Yield source
“Because PAX Gold represents physical gold, its value is tied directly to the real-time market value of gold.”
“Management Fees 0 %”
“Performance Fees 0 %”
Verifier note: panel 2/2 confirmed (sourceDomains=2) | gpt: confirmed — The issuer states that PAXG represents physical gold and its value is tied directly to gold’s real-time market value, supporting market-price changes as the source of holder returns. RWA.xyz reports 0 | anthropic: confirmed — The claim addresses the slot question (economic source of returns / who captures spread) by establishing that PAXG has no yield-bearing mechanism: returns come solely from gold's price movement and no
Collateralization
“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 3/3 confirmed (sourceDomains=1) | gpt: confirmed — The archived Paxos sources explicitly state that the entire PAXG supply corresponds 1:1 with ounces of London Good Delivery gold held in vaults and is fully backed by gold bars held in Paxos custody. | anthropic: confirmed — The SLOT QUESTION asks for the disclosed backing ratio (100 for 1:1). Both sources directly state 1:1 backing: the Paxos KB says Withum independently verifies at month end that 'the entire supply of P | kimi: confirmed — Both archived sources directly state 1:1 backing: the Paxos support article says Withum independently verifies at month end that the entire PAXG token supply corresponds 1:1 with ounces of London Good
1 holdings · sorted by weight
“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.”
“PAX Gold is backed by physical gold and is allocated down to the serial number of each individual bar.”
“PAXG is backed by one fine troy ounce of gold, stored in LBMA vaults”
Verifier note: panel 3/3 confirmed (sourceDomains=1) | gpt: confirmed — The cited Paxos disclosures support the stated model: each PAXG represents one fine troy ounce of gold; the whitepaper specifies London Good Delivery bars and allocation to identifiable bar serial num | anthropic: confirmed — The value states weight (one fine troy ounce per PAXG), allocation description (allocated to identifiable bars), and an as-of date, which directly answers the SLOT QUESTION. The whitepaper states verb | kimi: confirmed — All three claimed quotes appear verbatim in the archived sources and jointly support the atomic value. The whitepaper states 'one token represents one fine troy ounce of a London Good Delivery gold ba
Benchmark
Benchmark unavailable
Since inception
PAXG
+7.26%
Benchmark
Benchmark unavailable
Key people
Key people
Service providers
Brink’s Global Services Ltd. provides gold custody.
INTL FCStone sources gold and supplies live pricing.
Backers
Incidents
Official channels
“As a New York State-chartered Trust company, Paxos is regulated by the NYDFS, requiring it to uphold certain standards of stability, transparency and accountability.”
“Last Modified: June 30, 2026”
“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”)”
Verifier note: panel 2/2 confirmed (sourceDomains=1, disputed) | gpt: confirmed — The 2019 launch announcement expressly states that NYDFS approved Paxos to issue PAX Gold and identifies Paxos as a New York State-chartered trust company regulated by NYDFS. The General Terms, last m | anthropic: confirmed — Both prongs of the claim are directly supported and the claim answers the SLOT QUESTION (regulatory regime / licenses held). Prong 1: The Sep 5, 2019 Paxos press release states 'The New York State Dep
“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 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.”
“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 2/2 confirmed (sourceDomains=1) | gpt: confirmed — The PAXG terms directly state that Paxos can freeze all PAXG tokens on an aggregate basis regardless of where held. They also expressly permit freezes based on a binding legal directive, a formal part | anthropic: confirmed — All three quotes are verbatim in the cited sources and directly answer the SLOT QUESTION's 'Freezable?' component. Quote 1 matches PAXG T&C §14.1 exactly ('freeze and upgrade all PAXG tokens (on an ag
“Paxos is a limited purpose trust company chartered by the New York State Department of Financial Services.”
“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 2/2 confirmed (sourceDomains=1) | gpt: confirmed — The sources expressly state that Paxos Trust Company issues PAX Gold, holds the underlying gold in custody for token holders, and operates as a New York limited-purpose trust company chartered and reg | anthropic: confirmed — The slot asks for the legal wrapper and jurisdiction. The archived T&C (Section 8.3) states verbatim: 'Paxos is a limited purpose trust company chartered by the New York State Department of Financial
Creditor-priority element of the slot unanswered.
“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.”
“If we terminate your Account, we will return the assets in your Account to you, less the value of any damages to which we are entitled pursuant to this Agreement, subject to applicable law.”
Verifier note: WARNING: evidence class mismatch; trusted tier 1 evidence requires substance and goal-fit review | panel 2/3 confirmed (sourceDomains=1, disputed) | gpt: unsupported — goal-fit: The sources support segregation, holder custody, exclusion of represented gold bars from Paxos’s insolvency estate, and return of terminated-account assets less contractual damages. But acco | anthropic: confirmed — Both material claims are verbatim supported by the fetched sources. Part 1 ('Paxos custodies allocated bars for holders outside its estate') matches the whitepaper's 'Bankruptcy Remote' section exactl | kimi: confirmed — Both material claims are directly supported by the cited sources. The whitepaper states PAX Gold bars are custodied by Paxos for holders and 'do not become a part of the company's estate in the event
“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 2/2 confirmed (sourceDomains=1) | gpt: confirmed — The cited Paxos materials identify Withum as the independent provider, describe month-end AICPA attestation procedures comparing PAXG supply with gold held by UK custodians, and state that monthly att | anthropic: confirmed — All three quotes match the archived source text verbatim. The PAXG newsroom page confirms Withum was engaged to independently verify at specific points in time that the entire PAX Gold token supply is
Brink’s Global Services Ltd. physically custodies PAXG gold.
Paxos holds allocated gold for token holders separately from company assets.
“Custodian Legal Identifier Brink’s Global Services Ltd.”
“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: panel 2/2 confirmed (sourceDomains=2) | gpt: confirmed — The registry identifies Brink’s Global Services Ltd. as custodian. The issuer whitepaper states that Brink’s London bullion vaults store the allocated gold, while Paxos, a NYDFS-regulated state-charte | anthropic: confirmed — goal-fit: the SLOT QUESTION asks who holds the underlying, their regulator/charter, and the segregation model — this claim answers all three. Both claimed quotes are reproduced verbatim in the archive
—
“There are no storage fees and low creation/destruction fees that are tiered based on volume.”
“Free gold storage in the most secure vaults in the world;”
Verifier note: panel 2/2 confirmed (sourceDomains=1) | gpt: confirmed — Paxos issuer materials explicitly state that PAX Gold has “no storage fees,” “charges no storage fees,” and provides “free gold storage.” This directly supports fee_storage = 0% and identifies Paxos a | anthropic: confirmed — The slot asks for a fee row: rate + who charges it. The claim states fee_storage = 0% (no gold-storage fee) charged by the issuer Paxos. The whitepaper explicitly states 'There are no storage fees' an
0%
—
Subject to change. Any update is shown in the buy form before you confirm a transaction.
Mark disputed and reconcile: the 0% likely refers to on-chain redemption fee while a per-bar physical fee applies, but the corpus does not resolve it.
“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.”
“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 3/3 confirmed (sourceDomains=2, disputed) | gpt: confirmed — Paxos’s legal terms directly state that a fully verified Paxos customer may redeem PAXG into Allocated Gold and must redeem a minimum of 430 PAXG plus the fee specified in the Paxos User Guide per Lon | anthropic: confirmed — The slot question asks for the redemption path facts (method, minimum, fee). The claim states verified holders may redeem at least 430 PAXG plus the applicable fee per London Good Delivery bar. This i | kimi: confirmed — The Paxos legal terms §11.4 state 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 bar,' and the same document ties
“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 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 2/3 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, the timing source says the Paxos Account balance may t | anthropic: confirmed — The claim answers the SLOT QUESTION for the unallocated-gold exit path: method (convert PAXG into Loco London unallocated gold) and settlement timing (may take up to several business days). Both claim | kimi: confirmed — The whitepaper states verbatim that 'Paxos account holders can convert PAX Gold into U.S. Dollars or unallocated gold in a Loco London unallocated gold account,' and terms section 11.3 details the PAX
Verifier note: panel 2/2 confirmed (sourceDomains=1, disputed) | gpt: confirmed — The sources support both material points and they answer the concentration/dependency slot. PAXG represents fractional beneficial ownership of allocated London Good Delivery gold, with holders bearing | anthropic: confirmed — Both claimed quotes are verbatim in the sources: the General Terms 5.2 calls PAXG 'the allocated gold stablecoin managed by Paxos (“PAX Gold”)', and PAXG Terms 9.2 contains the exact Clearing Bank non
Underlying / economic
Holders bear substantial gold-price risk because PAXG represents allocated gold and crypto-asset values can fluctuate greatly
Drop the fabricated id 6bc188c2. Either reframe around the actual disclosures (crypto-asset value may fluctuate/total loss) or ground the gold-price angle in a real quote.
“the allocated gold stablecoin managed by Paxos (“PAX Gold”)”
“You should be aware that the value of DPTs may fluctuate greatly. You should buy DPTs only if you are prepared to accept the risk of losing all of the money you put into such tokens.”
Verifier note: panel 2/3 confirmed (sourceDomains=1, disputed) | gpt: unsupported — goal-fit: The sources support that PAX Gold is an allocated-gold crypto asset and disclose potentially large crypto-asset price fluctuations, but the claim does not answer the slot question about valu | anthropic: confirmed — Both claimed quotes are verbatim accurate against the fetched sources. The General Terms and Conditions (5.2) expressly identify PAXG as 'the allocated gold stablecoin managed by Paxos ("PAX Gold")', | kimi: confirmed — Both material premises are supported by the union of sources. (1) PAXG represents allocated gold: the General Terms and Conditions explicitly call PAX Gold 'the allocated gold stablecoin managed by Pa
Regulatory
PAXG received specific NYDFS approval for Paxos customers
Is OCC-regulated. Regulatory actions can impair token use, transfer, or value.
NYDFS approval is fabricated; remove it. Only the OCC-regulation statement (893b01dc) and general regulatory-risk disclosure (b4b628c9) are supportable.
“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).”
“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”)”
“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;”
Verifier note: panel 2/2 confirmed (sourceDomains=1, disputed) | gpt: confirmed — The cited Paxos terms support every material assertion: PAX Gold was among the crypto assets specifically approved by NYDFS for Paxos customers; Paxos Trust Company, N.A. is identified as a national b | anthropic: confirmed — All three material sub-claims are directly supported by the union of the fetched sources, and the claim answers the slot question (regulatory status and plausible regulatory actions impacting holders)
Issuer failure
Paxos may suspend accounts, causing value loss; directly held assets lack general government insurance
“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.”
“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.”
Verifier note: panel 2/3 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The sources support Paxos’s authority to suspend accounts, its disclaimer for resulting value loss, and the absence of general government insurance for directly held assets. However, account | anthropic: confirmed — Both material mechanisms answer the issuer-risk slot (what holders lose / what survives when the issuer acts adversely or fails) and both are supported by the fetched issuer docs. Quote 1 (loss of val | kimi: confirmed — Both material claims are directly supported by the cited archived sources. The Paxos Terms and Conditions PDF, Section 9.3, states verbatim that Paxos is 'not responsible for any loss of value in your
Custodian
PAXG converted into unallocated gold depends on a third-party Clearing Bank whose failure can make balances permanently unavailable
risk_credit and risk_custodian share the same single evidence and same substance.
“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 2/2 confirmed (sourceDomains=1, disputed) | gpt: confirmed — The issuer terms directly state that Unallocated Gold balances on the Paxos Platform are issued by a third-party Clearing Bank, that conversion or transfer depends on the bank’s solvency and ability t | anthropic: confirmed — The quoted language appears verbatim in Section 9.2 of the fetched Paxos PAX Gold Terms and Conditions: 'Paxos is not responsible for any losses associated with any default by a Clearing Bank, or any
Credit / counterparty
A Clearing Bank default, insolvency, or operational error can make converted unallocated-gold balances unavailable without Paxos liability
“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 3/3 confirmed (sourceDomains=1) | gpt: confirmed — Section 9.2 identifies the Clearing Bank as the issuer of unallocated-gold balances and expressly states that the balances’ availability and transfer depend on that bank’s solvency and performance. It | anthropic: confirmed — The claimed quote from section 9.2 of the PAX Gold Terms is reproduced verbatim in the archived source, including the exact language that Paxos 'is not responsible for any losses associated with any d | kimi: confirmed — Section 9.2 of the cited PAX Gold Terms supports every material element nearly verbatim: Unallocated Gold balances on the Paxos Platform are issued by a third-party Clearing Bank, are subject to the C
Exit risk
PAXG conversions may take several business days, while physical redemption requires at least 430 PAXG per bar
“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.”
“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 3/3 confirmed (sourceDomains=1) | gpt: confirmed — The cited legal terms support both material assertions: Section 11.5 says conversion or redemption may take up to several business days to appear in the account balance, and Section 11.4 requires a mi | anthropic: confirmed — Both material claims are supported verbatim by the archived Paxos PAXG Terms & Conditions. Section 11.5 states: 'Paxos will make commercially reasonable efforts to convert and/or redeem your PAXG quic | kimi: confirmed — Both material claims appear verbatim in the archived PAXG Terms & Conditions: Section 11.5 states conversion/redemption 'may take up to several business days,' and Section 11.4 states 'You must redeem
“Paxos froze 11,184.38 PAXG tokens valued at roughly $19 million.”
“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 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.”
“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: panel 2/2 confirmed (sourceDomains=1) | gpt: confirmed — Paxos’s terms expressly state that Paxos can freeze and upgrade all PAXG tokens regardless of custody location, freeze assets following a binding legal directive, a qualifying partner notification, or | anthropic: confirmed — Every material claim is supported by the union of fetched sources. Section 14.1 confirms Paxos 'has the ability and the right to freeze and upgrade all PAXG tokens (on an aggregate basis), regardless
“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.”
Verifier note: panel 2/2 confirmed (sourceDomains=1) | gpt: confirmed — Section 2.8.4.1 expressly reserves Paxos’s right to change or modify its fee structure or increase fees at any time, with changes effective upon posting and subject to legally required additional noti | anthropic: confirmed — Section 2.8.4.1 of the archived source contains the claimed quote verbatim: Paxos reserves the right to change/modify fee structure or increase fees at any time, effective upon posting on the Platform
“Paxos froze 11,184.38 PAXG tokens valued at roughly $19 million.”
“As always, Paxos will continue to work closely with law enforcement and regulators.”
“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 Status”
Verifier note: panel 3/3 confirmed (sourceDomains=1) | gpt: confirmed — The issuer documents directly support both elements and are relevant to incident-response history and procedures: on November 12, 2022, Paxos reported freezing 11,184.38 PAXG associated with four Ethe | anthropic: confirmed — The Nov 12, 2022 Paxos blog confirms Paxos received direction from US Federal Law enforcement and froze Paxos-issued assets associated with four listed Ethereum addresses (11,184.38 PAXG, ~$19M, FTX-r | kimi: confirmed — The archived Paxos blog post dated Nov 12, 2022 states Paxos received direction from US Federal Law enforcement and froze assets at four ethereum addresses (listed explicitly), covering 11,184.38 PAXG
“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: panel 3/3 confirmed (sourceDomains=1) | gpt: confirmed — Section 14.1 expressly states that Paxos has the ability and right to upgrade all PAXG tokens on an aggregate basis, regardless of where they are held. It identifies no third-party approval process or | anthropic: confirmed — Section 14.1 of the cited PAXG Terms states verbatim: '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.' T | kimi: confirmed — Section 14.1 of the cited Paxos PAXG Terms states verbatim that 'Paxos has the ability and the right to freeze and upgrade all PAXG tokens (on an aggregate basis), regardless of where the PAXG is bein
“Ethereum Native Distributed ERC-20”
“Ethereum Native Distributed ERC-20”
“Ethereum Mainnet 0x45804880De22913dAFE09f4980848ECE6EcbAf78”
“Solana Mainnet Beta 5GgRAEmv8ZxF2PR5hY72Qs5x1bnQ6UK2RbTPoqJ3wSwW”
“PAX Gold is built as an Ethereum token, following the ERC-20 protocol, so that it is easy to integrate with exchanges, wallets, lending platforms and other crypto products.”
Verifier note: panel 2/2 confirmed (sourceDomains=2) | gpt: confirmed — RWA.xyz identifies Ethereum as PAXG’s native ERC-20 network; Paxos documentation gives the Ethereum token address 0x45804880De22913dAFE09f4980848ECE6EcbAf78 and the Solana token address 5GgRAEmv8ZxF2P | anthropic: confirmed — The claim identifies Ethereum as PAXG's native canonical deployment at 0x45804880De22913dAFE09f4980848ECE6EcbAf78, which is directly supported: rwa.xyz's token table lists only 'Ethereum / Native / ER
Bridge provider
Absent PAXG-specific evidence, bridge_provider should be unknown, not 'Wormhole' at high confidence.
“Sunrise uses Wormhole's Native Token Transfers framework to bring an asset into Solana's trading stack as a canonical mint.”
“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 2/2 confirmed (sourceDomains=1, disputed) | gpt: confirmed — The Solana Foundation source explicitly states that Sunrise uses Wormhole’s Native Token Transfers (NTT) framework to bring assets to Solana. This directly supports Wormhole as the bridge provider/fra | anthropic: confirmed — The cited Solana Foundation article explicitly and repeatedly names Wormhole as the bridge provider, directly answering the slot question of bridge operator and mechanism. Both claimed quotes appear v
Oracle dependencies
Bad inputs can impair dependent pricing.
“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”
“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”
“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 2/2 confirmed (sourceDomains=1) | gpt: confirmed — Paxos’s January 14, 2021 announcement states that Chainlink-powered PAXG Price Feeds were live in production and supplied on-chain pricing data used by DeFi smart contracts. Paxos separately states th | anthropic: confirmed — goal-fit: The claim directly answers the slot question — it names the pricing oracles (Chainlink PAXG Price Feed) and the underlying data source (StoneX London-gold stream) and states the failure mode
Networks
“Ethereum Mainnet 0x45804880De22913dAFE09f4980848ECE6EcbAf78”
“Solana Mainnet Beta 5GgRAEmv8ZxF2PR5hY72Qs5x1bnQ6UK2RbTPoqJ3wSwW”
Verifier note: panel 2/2 confirmed (sourceDomains=1) | gpt: confirmed — The issuer documentation explicitly lists PAXG token addresses on exactly the two claimed mainnet networks: Ethereum Mainnet at 0x45804880De22913dAFE09f4980848ECE6EcbAf78 and Solana Mainnet Beta at 5G | anthropic: confirmed — The cited Paxos issuer documentation (PAXG on Main Networks) is issuer-docs evidence and directly answers the slot question by listing the chains where PAXG is deployed. The archived source states ver
Gold’s real-time market value determines changes in PAXG’s value. The product charges no management or performance fees.
The section role requires the money flow through to how the holder exits, but the candidate stops at price tracking and never states any exit/redemption path (conversion of PAXG to USD or gold, physical bar redemption). Note the supplied evidence set does not itself contain redemption facts, so the gap cannot be closed from this evidence; the candidate should not claim completeness at 0.96 confidence while omitting exit.
The bar-reallocation clause (f44e7b43, f6d0cf22) is a backing/allocation-bookkeeping detail rather than value flow to the holder; it does not describe how real-world activity produces holder value. It is borderline for this slot, which is meant to trace the causal money story.
“On Paxos’ itBit and other exchanges, PAXG will trade against fiat and digital assets.”
“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.”
“Note that this allocation may change constantly given that the system takes into account all PAXG transactions throughout the day.”
“Because PAX Gold represents physical gold, its value is tied directly to the real-time market value of gold.”
“Management Fees 0 %”
“Performance Fees 0 %”
Verifier note: panel 1/2 confirmed (sourceDomains=2, disputed) | gpt: unsupported — goal-fit: The reallocation statement describes Paxos’s internal bar-allocation administration, not how a holder acquires PAXG, accrues value, or exits. The remaining lifecycle statements are supported | anthropic: confirmed — The claim addresses the holder lifecycle: acquisition (buy/sell PAXG against fiat and digital assets through itBit or other exchanges), value accrual (gold's real-time market value drives PAXG value),
Paxos issues PAXG.
Well supported and correctly scoped (underlying, backing, issuer), but 'stablecoin' framing from source 6bc188c2 is avoided in favor of accurate gold-price exposure — acceptable; no change needed. Flagging only that the candidate omits the holder's ability to redeem/convert, which is appropriately deferred to how_it_works.
“the allocated gold stablecoin managed by Paxos (“PAX Gold”)”
“PAX Gold customers own the underlying physical gold, while also benefiting from the speed and mobility of a digital asset.”
“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.”
“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.”
“the gold-backed token PAX Gold (PAXG)”
Verifier note: lost head-to-head to incumbent 96afc69a-6cf8-4123-958f-e2fb195954ea: Both claims directly answer the slot, but the incumbent is more specific: it names Paxos Trust Company and explains that fractional balances confer pro rata interests in identified bars. Its own evidence directly supports the one-ounce representation, ownership of underlying gold, and continuous allocation to specific bars, while the new claim’s cited excerpts do not directly establish its statement that Paxos issues PAXG.
NYDFS specifically approved PAXG for Paxos customers.
“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”)”
“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).”
“Last Modified: December 12, 2025”
Verifier note: lost head-to-head to incumbent a0b9e640-61cf-41e8-af5f-cdbfa1cc186e: The incumbent more specifically identifies both the original New York trust-charter/NYDFS regime under which PAXG was approved and the later OCC-regulated national-bank status. Its cited Paxos launch announcement directly supports the original NYDFS approval and charter, while the cited terms support the OCC status; the new claim is accurate but less specific about the regulatory transition.
The legal-entity form 'Paxos Trust Company, N.A.' is not established as PAXG's issuer by any provided evidence; the token-specific evidence supports only generic 'Paxos'. Downgrade confidence or mark disputed pending token-to-entity evidence.
“PAX Gold (PAXG), issued by Paxos Trust Company, NA (Paxos), is a regulated, fully backed tokenized gold product.”
“PAXG is issued by Paxos Trust Company, N.A., a U.S. national trust bank regulated by the OCC, and is available on Ethereum and Solana.”
“We issue PAXG as a national trust bank regulated by the Office of the Comptroller of the Currency (OCC), one of the most rigorous oversight frameworks available for a digital asset issuer.”
Verifier note: lost head-to-head to incumbent 84cb8dab-9ab8-4ba5-b654-e8fd7910a6dc: Both claims provide the same exact legal entity name, and each is directly supported by its own cited evidence. Because claim quality is tied, the incumbent wins under the stated tie-break rule.
Unsupported: reduce claim to what ev:6bc188c2 supports ('allocated gold stablecoin') or treat as unknown; the vault/LBMA/London-Good-Delivery specifics have no evidentiary basis here.
“Pax Gold (PAXG) is a digital token where one token equals one fine troy ounce of physical gold.”
“Each ounce is stored in London Bullion Market Association (LBMA) accredited vaults.”
“Every token in circulation is backed by a specific, auditable bar of physical gold. The flow is always the same direction: gold enters the vault before tokens enter the market.”
“Each PAXG token represents one fine troy ounce of London Good Delivery gold, held in LBMA-accredited vaults in London on a segregated basis for the benefit of PAXG holders.”
“held in LBMA-accredited vaults in London on a segregated basis for the benefit of PAXG holders”
Verifier note: WARNING: evidence class mismatch; substance and goal-fit review required | panel 1/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — goal-fit: The issuer sources substantively support 1:1 backing by allocated London Good Delivery gold in segregated, LBMA-accredited London vaults. However, the narrative omits the required as-of date | anthropic: confirmed — The claim's material elements are each supported by the union of fetched sources. The Paxos docs page states verbatim: 'Each PAXG token represents one fine troy ounce of London Good Delivery gold, hel
With no launch-date evidence in the corpus, this slot should be an unknown, not a high-confidence dated answer.
“Inception Date 08/26/2019”
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 is not necessarily the product launch date, and the source’s exp | anthropic: confirmed — The cited source rwa.xyz PAXG page explicitly lists an 'Inception Date' of '08/26/2019' in its Key Facts, which directly corresponds to the claimed launch_date of 2019-08-26. Inception date is a valid
“Transparency Reports”
Verifier note: panel 0/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The archived page contains only a navigation/footer link labeled “Transparency Reports.” It does not identify a specific document, its type, its date, or the report’s original-source URL as | anthropic: unsupported — goal-fit: The SLOT QUESTION requires, per key document, a type, a DATE, and the URL at the original source. The cited page only contains the navigation/footer label "Transparency Reports" (verbatim pr
“Paxos Freezes PAXG Tokens Related to FTX”
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The Paxos page confirms the title, issuer, date (November 12, 2022), and original-source URL, but it is an incident notice—not a prospectus, terms document, attestation, audit, or fact sheet | anthropic: confirmed — The archived Paxos blog page at the cited URL bears the title 'Paxos Freezes PAXG Tokens Related to FTX' and is dated 'Nov 12, 2022', exactly matching the claimed quote and the claimed publication dat
“Last Modified: December 12, 2025”
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The source confirms the title and “Last Modified: December 12, 2025,” but the value does not provide the required original-source URL and labels the document a “compliance document,” which i | anthropic: confirmed — The fetched page at the cited URL is titled 'Anti-Money Laundering/Know Your Customer (AML/KYC) Disclosure' and displays 'Last Modified: December 12, 2025', matching the claimed type (compliance/AML-K
“Last Modified: December 12, 2025”
Verifier note: lost head-to-head to incumbent 334e93cc-fa10-4bd1-8e3b-130cb6123e0f: Both claims identify the same legal-terms document, date, original-source URL, and identical supporting evidence. Neither is materially more specific, so the incumbent wins the tie.
Sources the whitepaper only to 6e367d18, an app.rwa.xyz listing, not the original source. The slot requires 'the URL at the original source'; the actual whitepaper (paxos.com/paxg-whitepaper.pdf) is present in the corpus via 45a90f67, 6e8911ec, 82b9ffc7, dda3f926, 21e75f51, 3919d8a6 and should be the cited source.
“Terms Paxos Gold Whitepaper”
Verifier note: panel 1/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — goal-fit: The cited RWA.xyz page is a third-party asset profile that merely lists “Paxos Gold Whitepaper” under “Terms.” It does not establish that Paxos publishes the document, provide a publication | anthropic: confirmed — The archived rwa.xyz page for PAXG lists a document literally titled "Paxos Gold Whitepaper" under the Terms section. The name itself establishes it as a whitepaper, and for the Paxos-issued Pax Gold
Paxos may refuse redemptions or freeze accounts without notice. The corpus discloses no aggregate PAXG redemption cap.
“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).”
“When markets are closed, orders cannot be placed on the Paxos platform.”
“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.”
“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: contradicted — The timing, discretionary-control, and cap statements are goal-relevant, but the order-window claim is materially overbroad. The cited support page distinguishes direct PAXG purchases/sales or mint/re | anthropic: confirmed — goal-fit: the claim addresses the slot question (windows, notice, caps for mass exit) directly — trading windows, freeze/refusal without notice, settlement lag, and absence of an aggregate redemption
Regulatory or court directives can trigger account freezes. Legal changes can impair crypto-asset use, transfer, and value.
The NYDFS approval sentence should be dropped absent a real citation.
“Last Modified: June 30, 2026”
“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).”
“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”)”
“(vii) we are directed to do so by law enforcement, regulatory authority or court order; (viii) we are required to do so by applicable law or regulation;”
“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;”
Verifier note: lost head-to-head to incumbent 6e5bced2-a8b2-491d-bf8f-7f993582e23b: The incumbent is better supported by its own evidence. Both claims substantiate NYDFS approval, OCC regulation, and adverse effects from regulatory action, but the new claim’s added account-freeze assertion is not directly established by the quoted fragment because the action referred to by “do so” is omitted. Neither claim addresses restricted investors, so the unsupported addition does not justify supersession.
“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.”
“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 cited issuer terms substantiate both statements, but the narrative does not answer the slot question. It provides no evidence about mint/redeem contract vulnerabilities, bridges, upgrade | anthropic: unsupported — goal-fit: The quoted language is well-supported by the fetched sources — the stablecoin terms §1.3.1 verbatim states Paxos does not own/control blockchain protocols and makes no guarantees regarding s
The corpus does not identify allocated-gold custodian concentration.
“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 cite identical evidence and directly address third-party Clearing Bank failure. The incumbent is more specific about the affected dependency—PAXG converted into unallocated gold—while the new claim adds an unsupported corpus-wide statement about allocated-gold custodian concentration. With no evidentiary advantage for the new claim, the incumbent wins.
Paxos says Trust customer assets are never lent. Paxos-held assets generally lack government insurance.
Omits several disclosed issuer-failure consequences the evidence supports: the binding arbitration + class-action waiver limiting holder recourse (69be4572), the unsecured-creditor bankruptcy posture (bc534fd4, 8731cf37) contrasted with Paxos's bankruptcy-remote/1:1 claims, and the not-a-bank-account / no-FDIC-SIPC status (b3b2e557, 1da975e2). These bear directly on what holders lose and what survives.
“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,”
“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 Trust is required to operate differently than a bank, and in particular, does not hold fractional reserves and instead holds all customer assets 1:1, ensuring customer funds are always available for redemption.”
“Paxos Trust will never lend out customer assets.”
“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, disputed) | gpt: unsupported — goal-fit: The freeze and redemption-refusal provisions concern Paxos restricting an individual account for contractual, compliance, security, or legal reasons; they do not describe what holders lose o | anthropic: confirmed — goal-fit: The claim directly answers the slot question about issuer failure/walk-away — what holders lose (discretionary account freezes and redemption refusals with or without notice per T&C §9.1, no
Cites nonexistent evidence id 6bc188c2 for the 'allocated gold, not a loan or debt claim' assertion. Only the Clearing Bank exposure (bd6360c7) is genuinely supported.
“the allocated gold stablecoin managed by Paxos (“PAX Gold”)”
“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 terms support that PAXG represents beneficial ownership of allocated, segregated gold rather than a loan or debt claim. They also identify Clearing Bank default, insolvency, and operatio | anthropic: confirmed — goal-fit: The slot asks about credit exposure and counterparties whose failure hits holders. The claim correctly distinguishes PAXG's allocated backing (no counterparty credit claim) from the Unalloca
Cites evidence id 6bc188c2, which does not exist in the corpus. The 'PAXG represents allocated gold' basis is therefore unsupported by a citable evidence item; only the generic crypto price/liquidity disclosure (9fb0c1e2) is actually present. The corpus contains no PAXG-specific issuer risk disclosure about declining gold prices, so the grounding-in-issuer's-own-disclosures requirement is weak.
“the allocated gold stablecoin managed by Paxos (“PAX Gold”)”
“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 cited terms support that PAX Gold is an allocated-gold stablecoin and warn generally that crypto-asset prices and liquidity can fluctuate sharply. However, the claim describes commodity- | anthropic: confirmed — Both claimed quotes appear verbatim in the fetched Paxos General Terms and Conditions: Section 5.2 defines PAXG as "the allocated gold stablecoin managed by Paxos (“PAX Gold”)", and Section 5.3(b) sta
“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 0/3 confirmed (sourceDomains=1) | gpt: unsupported — The whitepaper supports conversion of smaller PAXG amounts to physical gold through a worldwide retailer network. It does not affirmatively state that this route has no minimum, timing, cap, or fee; t | anthropic: unsupported — The quote is verbatim-accurate: the whitepaper's 'Redeemable' bullet states 'Through Paxos.com, customers can redeem full-sized London Good Delivery gold bars. Through a network of gold retailers, the | gpt: unsupported — goal-fit: The whitepaper expressly supports conversion of smaller PAX Gold amounts to physical gold through a worldwide retailer network, but the value does not provide the required settlement timing,
Paxos charges the User Guide fee per bar. Sources dispute whether the minimum equals or exceeds 430 PAXG.
Paxos terms require at least 430 PAXG plus the User Guide fee per London Good Delivery bar.
RWA.xyz and the Paxos whitepaper require more than 430 PAXG for a physical bar.
Treat as effectively 430 minimum, not a genuine source conflict.
“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.”
“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.”
“If customers hold more than 430 oz in PAX Gold, they can redeem their tokens for a physical gold bar.”
“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=2, disputed) | gpt: unsupported — goal-fit: The value does not state a definite minimum as required. Current Paxos legal terms specify at least 430 PAXG plus the applicable User Guide fee per London Good Delivery bar, while the whitep | anthropic: confirmed — The claim answers the SLOT QUESTION for the allocated-gold-bar exit path: method (submit account request / receive email instructions and schedule London Good Delivery), settlement timing (several bus
PAXG-specific evidence states no minimum, cap, or fee.
Same unsupported 'no minimum, cap, or fee' argument from silence. Additionally omits the material Clearing Bank credit/availability exposure specific to unallocated balances (bd6360c7), which is the defining risk of this exit path.
“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 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, disputed) | gpt: contradicted — The sources confirm that Paxos account holders may convert PAXG into a disclosed Loco London unallocated-gold account and that conversion or redemption may take up to several business days. However, t | anthropic: contradicted — The method and timing components are well-supported: the whitepaper states "Paxos account holders can convert PAX Gold into U.S. Dollars or unallocated gold in a Loco London unallocated gold account,"
Paxos may take several business days to update the account balance. PAXG-specific evidence states no minimum, cap, or fee.
'PAXG-specific evidence states no minimum, cap, or fee' is an argument from silence. Neither cited item (82b9ffc7, b878a23b) affirmatively states there is no minimum/cap/fee for fiat conversion; the evidence is merely silent. Unsupported affirmative claim.
“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 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, disputed) | gpt: contradicted — The sources confirm that Paxos account holders may convert PAXG into U.S. dollars and that the account balance may take several business days to reflect the conversion. However, the terms expressly st | anthropic: contradicted — The method (account holders convert PAXG into USD) and timing (up to several business days for account balance to reflect the conversion, per Terms §11.5) are directly supported by both the whitepaper
Corpus does not disclose any PAXG performance fee; the slot cannot be answered from this evidence.
“Performance Fees 0 %”
Verifier note: panel 1/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — RWA.xyz, a third-party data aggregator, lists PAXG's performance fee as 0%, but the required issuer or legal documentation is absent. The page also does not explicitly state that Paxos charges this fe | anthropic: confirmed — The cited rwa.xyz PAXG page lists 'Performance Fees 0 %' explicitly (twice, in Key Facts and the Fees section), and identifies Paxos as the issuer/manager of the asset. The claim's rate (0%) and attri
Corpus does not disclose any PAXG management fee; the slot cannot be answered from this evidence.
“Management Fees 0 %”
Verifier note: panel 1/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — The cited RWA.xyz page is a third-party aggregator, not the required legal-terms or issuer-docs evidence. It lists “Management Fees 0%” and separately identifies Paxos as manager, but does not directl | anthropic: confirmed — The archived rwa.xyz/assets/PAXG page states 'Management Fees 0 %' in both the Key Facts and Fees sections, and lists Paxos as the Manager and Issuer of the asset. This directly supports the atomic va
“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 transfers and that Ethereum gas fees also apply. However, it does not state that those gas fees are variable or that “Ethere | anthropic: confirmed — The archived 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 (typicall
“Paxos froze 11,184.38 PAXG tokens valued at roughly $19 million.”
“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 more directly addresses response procedures by stating that freezes are legally directed and coordinated with regulators and law enforcement, supported by cited terms specifying formal legal directives and partner notifications. The new claim adds the exact token amount but mainly describes incident history, not pause, recovery, or notification processes.
“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 are substantively equivalent and cite the same evidence: Paxos can upgrade all PAXG tokens regardless of custody location, while no approval mechanism or delay is specified. Because quality is tied, the incumbent wins.
“PAXG tokens are created and destroyed by Paxos as needed.”
Verifier note: panel 0/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The whitepaper supports that Paxos creates and destroys PAXG generally, but it describes PAXG as Ethereum-only and does not identify who can mint on Solana or name any Solana controlling pro | anthropic: unsupported — goal-fit: The SLOT QUESTION asks specifically who can mint PAXG on Solana (controlling program, multisig, bridge, or issuer authority). The whitepaper quote 'PAXG tokens are created and destroyed by P
Oracle failures impair consuming applications.
“We are proud to announce that Paxos , the leading financial market infrastructure and crypto brokerage platform, is now working with Chainlink to leverage its market-leading decentralized oracle network.”
“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”
“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”
“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 1/3 confirmed (sourceDomains=1) | gpt: unsupported — The sources confirm that Chainlink-powered PAXG price feeds were live in production on January 14, 2021, but do not establish uninterrupted operation from that date through the present. They confirm t | anthropic: confirmed — The claim answers the slot question: it names Chainlink PAXG price feeds and StoneX as the pricing oracle/data source and asserts a failure-impact mechanism. All three material claims are supported by | gpt: unsupported — goal-fit: The sources support that StoneX provides Paxos with streaming London-gold prices for PAXG minting and redemption, and separately identify Chainlink as the on-chain oracle network for PAX/PAX
Solana's native-or-bridged status is unestablished.
“Ethereum Native Distributed ERC-20”
“Ethereum Mainnet 0x45804880De22913dAFE09f4980848ECE6EcbAf78”
“Solana Mainnet Beta 5GgRAEmv8ZxF2PR5hY72Qs5x1bnQ6UK2RbTPoqJ3wSwW”
Verifier note: panel 1/3 confirmed (sourceDomains=2) | gpt: confirmed — RWA.xyz identifies Ethereum PAXG as Native, Distributed, and ERC-20. Paxos issuer documentation lists the Ethereum token address as 0x45804880De22913dAFE09f4980848ECE6EcbAf78 and the Solana Mainnet Be | anthropic: unsupported — The sources confirm the canonical Ethereum deployment: rwa.xyz lists the sole tokenized network as 'Ethereum / Native / Distributed / ERC-20' with 100% of supply there, and Paxos issuer-docs give the | gpt: unsupported — goal-fit: The sources confirm Ethereum as native ERC-20 PAXG at 0x45804880De22913dAFE09f4980848ECE6EcbAf78 and list the Solana mint 5GgRAEmv8ZxF2PR5hY72Qs5x1bnQ6UK2RbTPoqJ3wSwW, but they do not state
“Ethereum Mainnet 0x45804880De22913dAFE09f4980848ECE6EcbAf78”
“Solana Mainnet Beta 5GgRAEmv8ZxF2PR5hY72Qs5x1bnQ6UK2RbTPoqJ3wSwW”
Verifier note: lost head-to-head to incumbent 421fbd8f-cca4-4e9f-8bef-cd0ea8072a34: Both claims identify the same two supported chains, but the incumbent is more specific because it includes each named network and its deployment address. With evidence quality tied, the incumbent wins.
“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 testing of Paxos’s AML program and names neither a specific auditor nor a latest completion date. However, the slot requires firm, scope, and date for | anthropic: unsupported — goal-fit: The quoted text is accurate — the source verbatim states Paxos's AML program is subject to independent testing through an annual, independent AML audit conducted by an independent third part
“The gold is <!-- Page 7 --> secured, stored and safeguarded at a precious metals security facility within locked London vaults.”
“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.”
“Our vault provider maintains insurance against loss of the gold held in custody by Paxos for the benefit of PAX Gold token holders.”
“As such, allocated gold-backed PAX Gold tokens are protected both in the vault facilities and in transit.”
Verifier note: panel 0/2 confirmed (sourceDomains=1) | gpt: unsupported — evidence class mismatch | anthropic: unsupported — goal-fit: Every material assertion in the narrative is in fact supported by the fetched sources — the whitepaper (p.7) confirms gold is 'secured, stored and safeguarded at a precious metals security f
“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.”
“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.”
“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 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 address-based bar-detail lookup and identify Withum as performing month-end aggregate token-supply-to-custodied-ounce attestations. They do not identify a current seriali | anthropic: confirmed — Both assertions are directly supported by the cited sources. The Paxos support article and press release confirm that serialized bar details (serial number, brand code, gross weight, fineness, fine we
“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.”
“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.”
“Withum takes those management attestations at face value, so the result is not called an audit.”
“Withum also discloses that its standards are in accordance with the explicit standards of the American Institute of Certified Public Accountants ( AICPA ).”
Verifier note: lost head-to-head to incumbent a91ef849-119d-4f6c-8ebe-f7825245173e: It directly names Withum as the provider and Paxos as the publisher, specifies that reports are monthly, and accurately distinguishes attestations from audits. Its phrasing about examining management's assertion is more precise than the new claim's broader statement that Withum independently compares the assets.
Paxos holds holder gold through unnamed UK third-party custodians.
Holder gold remains segregated from Paxos's company assets.
“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.”
“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.”
“As a New York State-chartered Trust company, Paxos is regulated by the NYDFS, requiring it to uphold certain standards of stability, transparency and accountability.”
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The sources support that Paxos custodies holder-owned gold in a segregated account, separate from company assets and outside its insolvency estate. However, the value omits Paxos’s New York | anthropic: confirmed — The slot question asks who holds the underlying, the regulator/charter, and the segregation model. The newsroom source states gold is 'held within the custody of third parties in the United Kingdom on
“Paxos froze 11,184.38 PAXG tokens valued at roughly $19 million.”
“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 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.”
“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 825bbab7-5e22-4c44-bbec-25bce2f09b39: Both establish that PAXG is freezable, but the incumbent more directly covers transfer-related restrictions by stating that Paxos may refuse purchases or redemptions, while precisely identifying the three freeze triggers. The new claim’s assertion about freezing individual addresses is not directly established by its quoted evidence, which describes a token freeze and aggregate freeze authority. Neither claim addresses restricted jurisdictions or whitelist-only transfers, so the incumbent’s broader, better-supported answer wins.
“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.”
“The term “bankruptcy remote” means that in the unlikely event of Paxos Trust’s insolvency, customer assets are protected .”
“Paxos Trust is legally obligated to hold assets fully segregated and thus bankruptcy remote such that customer assets are always protected under New York law.”
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 Paxos custodies allocated gold in a segregated account for PAXG holders and states that it stays outside Paxos’s insolvency estate. They do not provide the required | anthropic: confirmed — The material claim — that Paxos, as a state-chartered trust company, custodies segregated gold for PAXG holders such that it does not become part of the company's insolvency estate — is directly suppo
National banking association. Segregated custodial treatment protects holder gold.
Vehicle is Paxos Trust Company, LLC, a NY State-chartered trust company (NYDFS-regulated), with segregated custodial treatment of holder gold.
“© 2026 Paxos Trust Company, N.A. All Rights Reserved.”
“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”)”
“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 0/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — The current general terms identify Paxos Trust Company, N.A. as a U.S. national banking association, but do not specifically establish that this entity issues PAXG; they also allow products to be prov | anthropic: contradicted — The SLOT asks for the legal wrapper protecting PAXG holders and its jurisdiction. The claim asserts the issuing legal vehicle is 'Paxos Trust Company, N.A.,' a U.S. national banking association regula
“Custodian Legal Identifier Brink’s Global Services Ltd.”
“Auditor WithumSmith+Brown”
“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.”
“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.”
Verifier note: lost head-to-head to incumbent ef747d95-f194-4868-86b9-df8367e2b442: The incumbent directly names all three service providers and more precisely describes WithumSmith+Brown, PC as the independent month-end reserve examination provider, which its own cited evidence supports. The custody, sourcing, and pricing roles are equally supported, so the incumbent wins on specificity and the tie rule.
Paxos issues PAXG alongside PYUSD and USDP.
“Paxos is the leading regulated blockchain infrastructure and tokenization platform.”
“Today, as the first regulated Trust company for digital assets, Paxos technology makes it possible to tokenize, custody, trade and settle assets.”
“Crypto Brokerage Stablecoin Payments Stablecoin Issuance Mint and Redeem itBit”
“It is the issuer of numerous regulated digital assets including PayPal USD (PYUSD), Pax Dollar (USDP) and Pax Gold (PAXG).”
Verifier note: lost head-to-head to incumbent ad70c45d-7809-4751-a926-6b66e35dc97a: Both claims describe Paxos’s regulated infrastructure and services, but the incumbent more directly explains how PAXG fits the business model: it extends Paxos’s tokenization platform to allocated physical gold. Its cited whitepaper specifically supports that relationship by stating that each PAXG token represents one fine troy ounce of a London Good Delivery gold bar held in professional London vaults.
Frames the 0% management/0% performance fees (c3245588, f31df88c) as the yield-delivery mechanism, but PAXG is non-yield-bearing (value tracks spot gold, 9e616d8a); 'accumulation' (c1b13c3a) reflects no distributions rather than an accrual mechanic. The characterization risks implying a yield product where none exists.
“Use Of Income Accumulates”
“Management Fees 0 %”
“Performance Fees 0 %”
Verifier note: panel 0/3 confirmed (sourceDomains=1, disputed) | gpt: unsupported — evidence class mismatch | anthropic: unsupported — evidence class mismatch | gpt: unsupported — evidence class mismatch
“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.”
“Because PAX Gold represents physical gold, its value is tied directly to the real-time market value of gold.”
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The source confirms that PAXG represented physical gold and that its value tracked gold's real-time market value, but price exposure is not a yield mechanism. It does not establish whether P | anthropic: confirmed — Both claimed quotes appear verbatim in the fetched Paxos launch press release (Sep 5, 2019): PAXG is described as 'the first crypto-asset redeemable for physical gold' and 'its value is tied directly
Paxos may reallocate bar assignments as token activity changes. Physical-gold backing has no maturity or credit rating.
“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 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.”
“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 source confirms specific-bar allocation, pro rata ownership below a full bar, and changing bar assignments, but these mechanics do not disclose the underlying’s duration/maturity profile | anthropic: unsupported — The source (support.paxos.com PAXG allocation article) fully supports the allocation mechanics: PAXG tokens are allocated to specific gold bars at all times, sub-bar holdings are pro rata shares, and
“Anyone who owns PAX Gold owns the underlying gold which is held under the custody of Paxos Trust Company.”
“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.”
“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 32599130-5b77-4dd6-a598-dbeaa63862ae: Both claims directly identify allocated physical-gold ownership, including a pro rata interest in a specific bar, and each is comparably supported by its own Paxos evidence. With no material specificity or support advantage for the new claim, the incumbent wins the tie.
“Asset Class Commodities”
“the gold-backed token PAX Gold (PAXG)”
“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: Both claims directly classify PAXG as commodity-rwa and are comparably supported by their own evidence. The incumbent's whitepaper evidence is more specific about the underlying asset: one fine troy ounce of a named London Good Delivery gold bar stored in professional vaults in London. Under the tie-break rule, the incumbent wins.
Paxos account opening requires identity, tax, and beneficial-owner information. Users must meet legal-age requirements.
Add the Customer-registration/verification gate for mint/redeem and the jurisdiction/entity availability limitation; note absence of any accreditation or qualified-purchaser requirement (retail-eligible) as an explicit finding rather than implying open access.
“U.S. and Global Retail”
“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.”
“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: The RWA.xyz aggregator labels PAXG “U.S. and Global Retail,” but the qualifying Paxos terms do not establish that U.S. and global retail investors may directly mint or redeem PAXG. The accou | anthropic: confirmed — The SLOT QUESTION asks about investor classes for direct mint/redeem (accredited/qualified/KYC tier) and excluded jurisdictions. The rwa.xyz archive lists 'Eligible Investors: U.S. and Global Retail'
Forks may receive delayed or no Paxos support.
Either downgrade confidence and reframe as 'no bridge/oracle-specific disclosure found; general protocol-risk disclaimer only,' or move this content to risk_hack. Evidence 6feabcf5 (losses from third-party software/technology failure) is the closest to a service-failure mechanism and was omitted.
“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.”
“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.”
“Crypto asset blockchains may “fork” and we may not support the forked asset promptly or at all;”
Verifier note: panel 0/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — goal-fit: The sources support general PAXG-related blockchain dependency disclaimers and possible delayed or absent fork support, but they do not explain losses or service failures caused by bridge co | anthropic: unsupported — goal-fit: The SLOT QUESTION asks specifically about holder losses or service failures caused by (a) bridge compromise, (b) locked-collateral failure, or (c) false, stale, or unavailable oracle data. T
The candidate should be demoted to the unknown it already duplicates; the evidence cannot substantiate a PAXG-specific bridge-custody claim.
Resolve the contradiction; the unknown is the defensible disposition given the evidence.
“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 0/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — goal-fit: The source describes a generic issuer-controlled canonical mint under Wormhole NTT, but never mentions PAXG or Paxos and does not explain where PAXG bridge-locked collateral sits or identify | anthropic: unsupported — The quoted sentence about the issuer-controlled canonical mint via Wormhole NTT ('It is the deployment the issuer controls and designates as their official cross-chain version through Wormhole's NTT f
Mark the audit-vs-attestation characterization as a corpus conflict rather than presenting it as settled.
“in August 2022, when an additional layer of protection was added when Withum expanded its request to include the same information on outstanding tokens and reserve amounts, but for an additional random day from that same month – the random day being different each month.”
“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.”
“Withum also discloses that its standards are in accordance with the explicit standards of the American Institute of Certified Public Accountants ( AICPA ).”
“Withum takes those management attestations at face value, so the result is not called an audit.”
“Withum states in the attestation, “Our responsibility is to express an opinion on management’s assertions based on our examination.””
Verifier note: WARNING: evidence class mismatch; trusted tier 1 evidence requires substance and goal-fit review | panel 1/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — goal-fit: The sources describe point-in-time reserve attestations—not fund audits or smart-contract audits—and Paxos expressly says the work is not an audit. They support month-end examination procedu | anthropic: confirmed — Every substantive element of the claim is directly supported by the cited Paxos sources. (1) 'Since August 2022' + 'one random day monthly': the blog states that 'in August 2022... Withum expanded its
Reclassify as not-populatable for audits_<name>; the AML audit does not fit either the fund-audit or smart-contract-audit scope.
“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
Same as issuer_entity: the 'N.A.' suffix is unsupported by the issuance-of-record evidence.
“© 2026 Paxos Trust Company, N.A. All Rights Reserved.”
“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
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.
“In early 2023 after receiving an order to cease minting the token”
“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 has reached an agreement with the NYDFS in response to historical compliance matters including the prior partnership with Binance.”
“This agreement includes a $26.5M monetary penalty.”
“STATEMENT FROM PAXOS IN RESPONSE TO THE NYDFS, ATTRIBUTED TO PAXOS SPOKESPERSON AUGUST 7, 2025”
“These matters had no impact on customer accounts and there was no consumer harm.”
Verifier note: lost head-to-head to incumbent 3fb86ba7-4e34-4513-9d4e-e1124903a482: The incumbent directly addresses the incident/enforcement slot and is more specific and comprehensive: it identifies the PAXG freeze, federal law-enforcement direction, four Ethereum addresses, 11,184.38 PAXG, the February 2023 Wells Notice, the July 9, 2024 SEC closure, and the August 7, 2025 NYDFS settlement. Its cited evidence supports these details. The new claim adds the BUSD minting halt but omits the separately documented PAXG freeze and provides fewer specific incident details overall.
“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”
“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
Append the source URL.
“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.”
“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 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 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
Turnaround is undisclosed.
“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.”
“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
Remove 6bc188c2 and do not assert count of Clearing Banks.
“the allocated gold stablecoin managed by Paxos (“PAX Gold”)”
“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.
“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;”
“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).”
“When markets are closed, orders cannot be placed on the Paxos platform.”
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
No numeric PAXG redemption cap is disclosed.
Add the withdrawal-limit disclosure (noting it is stablecoin-terms scoped).
“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).”
“When markets are closed, orders cannot be placed on the Paxos platform.”
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
Settlement may take several business days.
“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.”
“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 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
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).
“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 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.
“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 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 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.
“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.
“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.”
“PAXG is backed by one fine troy ounce of gold, stored in LBMA vaults”
“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.
The latest supplied description was assessed on 2026-08-07; no residual reserve category is disclosed.
“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 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.”
“Because PAX Gold represents physical gold, its value is tied directly to the real-time market value of gold.”
“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
“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
“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.”
“© 2026 Paxos Trust Company, N.A. All Rights Reserved.”
“Last Modified: June 30, 2026”
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
“Terms Paxos Gold Whitepaper”
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
Paxos terms require at least 430 PAXG per bar.
RWA.xyz says physical-redemption requests must exceed 430 PAXG.
“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.”
“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.”
“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
“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
“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
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.
“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.”
“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
“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
“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.”
“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
“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
Users arrange London delivery. Paxos does not disclose standard timing, caps, or gates.
“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.”
“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.”
“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.”
“If customers hold more than 430 oz in PAX Gold, they can redeem their tokens for a physical gold bar.”
“Last Modified: June 30, 2026”
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
“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
Issuer entity 9b286ea0-b20b-4efd-bf84-24b83fb9bb44 · last updated 2026-08-09T00:25:06.322Z
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)
ingest · ingest · ok
plan · plan · ok
synthesize · synthesize · ok
36 of 43 fields verified · 0 unverified · 0 not found
Run 2026-08-09T00:25:06.376Z · done · cost $0.00
Automated research, human-reviewed. Verify against source documents before credit decisions.