Plan fulfillment
SlotStatusClasses covered
bar listemptyissuer-docs
vault custodyrejected-retryissuer-docs
redemption in kindrejected-retryaggregator, issuer-docs
attestationsrejected-retryissuer-docs
risk custodianfilled-verifiedissuer-docs
chains deployedfilled-verifiedissuer-docs, aggregator
canonical deploymentrejected-retryaggregator, issuer-docs
bridge provideremptynone
bridge custodyemptynone
oracle dependenciesfilled-verifiedissuer-docs
supply mint authorityemptyissuer-docs
key managementemptynone
incident responsefilled-verifiedissuer-docs
monitoring attestationfilled-verifiedissuer-docs
risk bridge oraclerejected-retrynone
what it isfilled-verifiedissuer-docs, aggregator
how it worksfilled-verifiedissuer-docs, aggregator
token categoryfilled-verifiedaggregator, issuer-docs
holder claimfilled-verifiedissuer-docs
underlying issueremptyissuer-docs
underlying compositionrejected-retryissuer-docs
underlying structurerejected-retryissuer-docs
yield sourcerejected-retryaggregator
yield mechanicsrejected-retryaggregator
issuer entityemptyissuer-docs, registry
issuer businessfilled-verifiedissuer-docs
launch datefilled-verifiedaggregator
operating historyfilled-verifiedissuer-docs
service providersrejected-retryaggregator, audit, issuer-docs
regulatory regimefilled-verifiedregulator, issuer-docs
legal vehiclefilled-verifiedissuer-docs, aggregator
bankruptcy remoteemptyissuer-docs
holder rights on failurefilled-verifiedissuer-docs
transfer restrictionsfilled-verifiedissuer-docs
custodiansfilled-verifiedissuer-docs
attestation frequencyemptyissuer-docs
auditsemptynone
admin powersfilled-verifiedissuer-docs
upgradeabilityfilled-verifiedissuer-docs
mint authority statefilled-verifiednone
freeze authority statefilled-verifiednone
feeemptyissuer-docs
redemption pathfilled-verifiedissuer-docs, aggregator
risk underlyingfilled-verifiedissuer-docs
risk creditfilled-verifiedissuer-docs
risk issuerfilled-verifiedissuer-docs
risk hackrejected-retryissuer-docs
risk regulatoryfilled-verifiedissuer-docs
risk redemption gatefilled-verifiedissuer-docs
eligible investorsrejected-retryaggregator, issuer-docs
documentfilled-verifiedlegal-terms, issuer-docs
Evidence gaps
issuer ownership — searched, not found: The corpus provides no dated ownership, acquisition, or parent-company history for Paxos Trust Company, N.A.
key people — searched, not found: The corpus identifies neither PAXG's founding team nor current leadership, including dated departures or role changes.
tax treatment — searched, not found: The corpus provides no PAXG-specific tax classification, reporting form, pass-through treatment, or entity-level tax treatment.
attestations — searched, not found: The corpus confirms publication since launch but does not identify the current independent provider or current report location.
attestation frequency — searched, not found: The corpus does not establish PAXG's current independent attestation frequency or latest attestation date.
bar list — searched, not found: Address-based allocation tools expose bar details, but the corpus lacks a dated consolidated bar list and named reconciler.
audits <name> — searched, not found: The corpus supplies no qualifying PAXG fund audit or smart-contract audit with firm, scope, and date.
bridge provider — searched, not found: The corpus does not identify a bridge operator or establish whether Solana PAXG uses bridging.
bridge custody — searched, not found: The corpus identifies no bridge-locked collateral, controlling contracts, signers, or custody entities.
supply mint authority — searched, not found: Issuer documents establish Paxos minting generally but not the Solana program or controlling authority.
key management — searched, not found: The corpus discloses no signer identities, thresholds, key-custody arrangements, or privileged-action timelocks.
mint authority state — searched, not found: No deterministic Solana chain read establishes the current mint-authority type or controlling account.
freeze authority state — searched, not found: No deterministic Solana chain read establishes the current freeze-authority type or controlling account.
authority multisig config — searched, not found: No chain read establishes a controlling multisig program, threshold, member count, or account.
bridge config — searched, not found: No chain read establishes a bridge program or relevant authority accounts.
token extensions opsec — searched, not found: No chain read identifies security-relevant Token-2022 extensions on the Solana mint.
opsec divergence <name> — searched, not found: No verified chain configuration is available for comparison against Paxos's narrative control claims.
fee creation destruction — searched, not found: Paxos describes tiered creation and destruction fees but the corpus provides no current percentage schedule.
redemption minimum — searched, not found: The corpus gives a 430-PAXG physical-redemption minimum but no fixed USD equivalent.
redemption cap — searched, not found: The corpus provides no PAXG-specific aggregate cap, notice period, or treatment of oversized requests.
risk bridge oracle — searched, not found: The corpus contains no PAXG-specific bridge or oracle architecture or failure disclosure.
min investment — searched, not found: The corpus states 0.01 PAXG and a historical approximate USD value, not a durable USD minimum.
final terms doc — searched, not found: The corpus does not establish a dated, legally effective PAXG instrument with issuer identifier and registry record.
corporate action passthrough — searched, not found: The corpus does not describe corporate-action treatment; PAXG represents allocated gold rather than corporate equity.
Rejected facts
Exit pathsGold retailers convert smaller PAXG amounts into physical gold worldwide. Paxos does not disclose minimums, timing, fees, caps, or gates.UnverifiedMore
Sources · 1
paxos.com ↗“Through Paxos.com, customers can redeem full-sized London Good Delivery gold bars. Through a network of gold retailers, they can convert smaller amounts to physical gold all over the world.”
Verifier note: panel 1/3 confirmed (sourceDomains=1) | gpt: confirmed — The whitepaper states that smaller PAXG amounts can be converted to physical gold through a network of gold retailers “all over the world.” The fetched content gives no retail-redemption settlement ti | anthropic: unsupported — The whitepaper confirms that Paxos.com allows redemption of full-sized London Good Delivery bars and states: 'Through a network of gold retailers, they can convert smaller amounts to physical gold all | gpt: unsupported — goal-fit: The source confirms the stated method—smaller PAXG amounts can be converted to physical gold through a worldwide network of gold retailers—but the value does not answer the full slot questio
Exit pathsVerified users request London Good Delivery bars through the Paxos Account Page. Each bar requires at least 430 PAXG plus the User Guide fee.UnverifiedMore
Users arrange London delivery. Paxos does not disclose standard timing, caps, or gates.
Sources · 5
rwa.xyz ↗“Verified users have the option to redeem the PAXG tokens for physical gold, In order to redeem PAXG into physical Gold, users must submit a redeem request for over 430 PAXG tokens on the Account Page and set up a time for London Good Delivery of the physical gold bars.”
paxos.com ↗“You must redeem a minimum of 430 PAXG tokens plus the fee set forth in the Paxos User Guide, per London Good Delivery gold bar.”
paxos.com ↗“Through Paxos.com, customers can redeem full-sized London Good Delivery gold bars. Through a network of gold retailers, they can convert smaller amounts to physical gold all over the world.”
paxos.com ↗“If customers hold more than 430 oz in PAX Gold, they can redeem their tokens for a physical gold bar.”
Verifier note: panel 0/2 confirmed (sourceDomains=2) | gpt: contradicted — The physical-bar method, 430-PAXG minimum plus User Guide fee, Paxos Account requirement, and customer-arranged delivery service are supported. However, Paxos does disclose timing and gates: redemptio | anthropic: unsupported — goal-fit: While the fetched sources confirm most redemption mechanics (minimum 430 PAXG, Account Page submission, London Good Delivery bars, fee referenced in User Guide), they do NOT disclose standar
OnboardingPaxos requires names, addresses, birth dates, and tax IDs. Paxos may request identifying documents.UnverifiedMore
Sources · 2
paxos.com ↗“In creating an Account, you will be asked to provide certain registration details and information about you (including, but not limited to, your name, address, date of birth, tax identification number and other information about your beneficial owners and authorized users to the extent applicable). We may also ask to see your driver’s license or other identifying documents as part of the onboarding process.”
Verifier note: lost head-to-head to incumbent d9b983ba-c2bd-4923-9b4c-9caa86372200: Both claims directly address KYC/KYB onboarding requirements and cite the same supporting passage. The incumbent is more complete because it includes beneficial-owner details, while the new claim omits them. The new evidence's modification date does not make its substantive claim more specific; with otherwise comparable support, the incumbent wins.
Who can hold/mintPAXG serves U.S. and global retail investors.DisputedMore
Direct Paxos purchases and redemptions require a registered, fully verified Customer. Minors cannot use Paxos. Residence and registration entity may restrict services.
Sources · 5
Support PAXG-specific eligibility from platform-wide General Terms (fc9fb03d minors) and PAXG/rwa.xyz sources (272e87c3) only; drop or re-scope stablecoin-terms claims; add the personal-vs-commercial distinction.
paxos.com ↗“Only Customers may purchase USD Stablecoins from us or redeem USD Stablecoins from us.”
paxos.com ↗“Absent a reasonable justification not to redeem USD Stablecoins, and provided that you are a fully verified Customer of Paxos, your USD Stablecoins are freely redeemable, subject to the redemption minimums described herein.”
paxos.com ↗“If you are under the age of eighteen (18) or the legal age for entering legally binding contracts under applicable laws, you are not permitted to use any of the Paxos Platform.”
paxos.com ↗“Services related to specific USD Stablecoins (such as the ability to purchase, sell, convert, redeem or transfer a USD Stablecoin) may not be available to a User based on where they reside or to a Customer based on the Paxos entity they registered with.”
Verifier note: panel 1/2 confirmed (sourceDomains=2, disputed) | gpt: unsupported — goal-fit: The evidence does not establish PAXG-specific eligibility for direct minting/redemption versus secondary-market holding. RWA.xyz labels PAXG “U.S. and Global Retail,” but this aggregator des | anthropic: confirmed — The fetched sources confirm the core claims: (1) PAXG serves 'U.S. and Global Retail' investors per rwa.xyz; (2) Direct purchases and redemptions require registered, fully verified Customers per stabl
Bridge & oracleBlockchain or third-party technology failures can disrupt token availability and cause losses. Paxos provides no network-security, functionality, or availability guarantee.DisputedMore
Sources · 2
Withdraw the candidate; retain only the unknown. Do not cite USD Stablecoin terms for a PAXG slot.
paxos.com ↗“We do not own or control any blockchains protocols, are not responsible for the operation of blockchain networks and make no guarantees regarding any blockchain network’s security, functionality, or availability.”
paxos.com ↗“Paxos does not guarantee the security or functionality of any third-party software or technology and is not responsible for any losses of USD Stablecoins due to the failure of third-party software or technology.”
Verifier note: panel 1/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — goal-fit: The cited terms support general blockchain-network failure and third-party technology risks, including possible stablecoin losses and no guarantee of network security, functionality, or avai | anthropic: confirmed — The archived Paxos Terms and Conditions document directly supports both key claims in the risk statement. Section 1.3.1 explicitly states: 'We do not own or control any blockchains protocols, are not
Hack / smart contractCompromised private keys can make PAXG stolen or unrecoverable. Blockchain forks can leave PAXG on unsupported forks without backing or Paxos services.DisputedMore
Blockchain transactions may be irreversible after fraud or error.
Sources · 3
Narrow to private-key compromise (0377f63a); move fork/irreversibility content out of risk_hack (fork backing better fits risk_issuer/underlying).
paxos.com ↗“crypto assets in a given address are controlled by the private key of the holder of the address. If the private key is compromised or lost, the crypto assets in that address may be stolen or lost and otherwise unrecoverable;”
paxos.com ↗“Paxos will evaluate all forks and make a determination, based on a number of factors, to support PAXG on one, and only one, of the Forks. Paxos will continue to provide Services for, support and hold US dollars against, PAXG held on the supported Fork only.”
paxos.com ↗“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, disputed) | gpt: unsupported — goal-fit: The cited terms substantiate general risks from compromised or lost holder private keys, irreversible transactions, and Paxos supporting only one Ethereum fork. However, the narrative does n | anthropic: unsupported — goal-fit: The slot question asks about the on-chain ATTACK SURFACE — mint/redeem contracts, bridges, upgrade keys, oracles. The claim's quotes are all textually accurate against the sources (the gener
In-kind redemptionVerified holders may redeem over 430 PAXG for London Good Delivery gold bars through their Paxos Account Page. Paxos charges the User Guide fee per bar.UnverifiedMore
Retail partners convert smaller amounts into physical gold worldwide.
Sources · 3
rwa.xyz ↗“Verified users have the option to redeem the PAXG tokens for physical gold, In order to redeem PAXG into physical Gold, users must submit a redeem request for over 430 PAXG tokens on the Account Page and set up a time for London Good Delivery of the physical gold bars.”
paxos.com ↗“You must redeem a minimum of 430 PAXG tokens plus the fee set forth in the Paxos User Guide, per London Good Delivery gold bar.”
paxos.com ↗“Through Paxos.com, customers can redeem full-sized London Good Delivery gold bars. Through a network of gold retailers, they can convert smaller amounts to physical gold all over the world.”
Verifier note: panel 1/2 confirmed (sourceDomains=2) | gpt: contradicted — The current issuer terms specify a minimum of 430 PAXG, not over 430 PAXG. They also limit direct redemption to fully verified Paxos customers with funded Paxos Accounts, provide delivery instructions | anthropic: confirmed — The claim answers the slot question (eligibility, minimum, location, fees, settlement). Eligibility: 'Verified users' redeem PAXG for physical gold (rwa.xyz) / 'fully verified Customers' (terms). Mini
If the issuer failsPaxos custodies represented gold for PAXG holders. The gold remains outside Paxos's estate upon insolvency.UnverifiedMore
Sources · 1
paxos.com ↗“Since PAX Gold is issued by a state-chartered trust company, customer assets are kept separately from the company’s assets. All gold bars represented by PAX Gold tokens are custodied by Paxos for PAX Gold holders and do not become a part of the company’s estate in the event of the company’s insolvency.”
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The source supports that Paxos custodies segregated gold for PAXG holders and states that the gold does not enter Paxos’s insolvency estate. However, it does not complete the required issuer | anthropic: confirmed — The claimed quote appears verbatim in the archived whitepaper under the 'Bankruptcy Remote' bullet: 'Since PAX Gold is issued by a state-chartered trust company, customer assets are kept separately fr
VehiclePaxos Trust Company, LLC holds custodied gold for PAX Gold holders.UnverifiedMore
Sources · 2
paxos.com ↗“Since PAX Gold is issued by a state-chartered trust company, customer assets are kept separately from the company’s assets. All gold bars represented by PAX Gold tokens are custodied by Paxos for PAX Gold holders and do not become a part of the company’s estate in the event of the company’s insolvency.”
paxos.com ↗“Paxos has engaged Withum, a nationally top-ranking auditing firm, to independently verify at specific points in time that the entire supply of PAX Gold tokens is consistent with troy ounces of gold held within the custody of third parties in the United Kingdom on behalf of Paxos Trust Company, LLC.”
Verifier note: lost head-to-head to incumbent b2e5392b-9aa7-4ec1-99ab-f95d03484feb: The incumbent more directly answers both parts of the slot by identifying the legal wrapper as a New York state-chartered trust company and specifying its jurisdiction. Its own evidence supports state-chartered trust status and U.S. domicile. The new claim identifies Paxos Trust Company, LLC as custodian but does not state a jurisdiction, while its UK reference concerns third-party custody location rather than the wrapper's jurisdiction.
RegimePaxos Trust Company, LLC issues PAXG as a state-chartered trust company.UnverifiedMore
Sources · 2
paxos.com ↗“Since PAX Gold is issued by a state-chartered trust company, customer assets are kept separately from the company’s assets. All gold bars represented by PAX Gold tokens are custodied by Paxos for PAX Gold holders and do not become a part of the company’s estate in the event of the company’s insolvency.”
paxos.com ↗“Paxos has engaged Withum, a nationally top-ranking auditing firm, to independently verify at specific points in time that the entire supply of PAX Gold tokens is consistent with troy ounces of gold held within the custody of third parties in the United Kingdom on behalf of Paxos Trust Company, LLC.”
Verifier note: lost head-to-head to incumbent f290965a-58c0-4ac7-90c5-1e0b9e4f7d30: The incumbent more directly identifies PAXG’s regulatory regime, jurisdiction, and regulator—New York virtual-currency regulation administered by NYDFS—and its cited RWA evidence explicitly supports those details. The new claim identifies the issuer as a state-chartered trust company but does not specify the state, charter, license number, or governing regime.
Canonical deploymentEthereum hosts canonical native PAXG at 0x45804880De22913dAFE09f4980848ECE6EcbAf78. Solana status as native or bridged remains undisclosed.UnverifiedMore
Sources · 4
rwa.xyz ↗“Ethereum
Native
Distributed
ERC-20”
docs.paxos.com ↗“Solana Mainnet Beta 5GgRAEmv8ZxF2PR5hY72Qs5x1bnQ6UK2RbTPoqJ3wSwW”
Verifier note: panel 1/2 confirmed (sourceDomains=2) | gpt: confirmed — RWA.xyz identifies Ethereum as PAXG’s only listed network and classifies it as “Native” and ERC-20. Paxos issuer documentation gives the Ethereum token address as 0x45804880De22913dAFE09f4980848ECE6Ec | anthropic: unsupported — goal-fit: The slot question has two mandatory parts — (1) identify the canonical chain and mint, and (2) state whether the Solana instance is a native issue or a bridged representation. Part (1) is we
NetworksPaxos documents PAXG deployments on Ethereum Mainnet and Solana Mainnet Beta.UnverifiedMore
Sources · 2
docs.paxos.com ↗“Solana Mainnet Beta 5GgRAEmv8ZxF2PR5hY72Qs5x1bnQ6UK2RbTPoqJ3wSwW”
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The issuer page supports PAXG addresses on Ethereum Mainnet and Solana Mainnet Beta, but the fetched evidence contains no verified on-chain deployment records. Therefore it does not fully sa | anthropic: confirmed — The fetched Paxos documentation page (docs.paxos.com/guides/stablecoin/paxg/mainnet) lists exactly two mainnet chains for PAXG in its token address table: 'Ethereum Mainnet 0x45804880De22913dAFE09f498
AuditsWithumSmith+Brown performs monthly AICPA-standard attestations comparing outstanding PAXG with gold held by United Kingdom custodians.UnverifiedMore
Sources · 3
paxos.com ↗“Paxos has engaged Withum, a nationally top-ranking auditing firm, to independently verify at specific points in time that the entire supply of PAX Gold tokens is consistent with troy ounces of gold held within the custody of third parties in the United Kingdom on behalf of Paxos Trust Company, LLC.”
paxos.com ↗“In that regard, Withum performs specific month-end attestation procedures on these accounts in accordance with standards established by the AICPA. These monthly attestation reports can be found on the Paxos website.”
Verifier note: panel 1/2 confirmed (sourceDomains=2) | gpt: unsupported — goal-fit: The sources support WithumSmith+Brown’s recurring month-end AICPA-standard attestation of PAXG supply against gold held by third-party UK custodians, but the slot requires audit scope plus d | anthropic: confirmed — The Paxos newsroom source directly supports every element of the claim: Withum performs 'specific month-end attestation procedures on these accounts in accordance with standards established by the AIC
Vault custodyBrink’s Global Services Ltd. holds PAXG gold in locked London LBMA vaults.DisputedMore
Insurance covers vault and transit losses.
Sources · 5
Resolve duplication; candidate is thinner than the slot requires and over-attributes the named vault to Brink's.
app.rwa.xyz ↗“Custodian
Legal Identifier
Brink’s Global Services Ltd.”
paxos.com ↗“The gold is
<!-- Page 7 -->
secured, stored and safeguarded at a precious metals security facility within locked London vaults.”
paxos.com ↗“PAXG is backed by one fine troy ounce of gold, stored in LBMA vaults”
support.paxos.com ↗“Our vault provider maintains insurance against loss of the gold held in custody by Paxos for the benefit of PAX Gold token holders.”
support.paxos.com ↗“As such, allocated gold-backed PAX Gold tokens are protected both in the vault facilities and in transit.”
Verifier note: panel 1/3 confirmed (sourceDomains=2, disputed) | gpt: unsupported — evidence class mismatch | anthropic: confirmed — Judging the claim against the UNION of fetched sources, every material element is supported: (1) Brink's Global Services Ltd. as custodian is explicitly listed on the RWA.xyz asset page ('Custodian / | gpt: unsupported — evidence class mismatch
Bar listPaxos provides holder-level bar allocations showing serial number, brand code, weight, and fineness through wallet or Ethereum-address lookup.DisputedMore
Sources · 4
Resolve the duplication; the candidate overstates scope — it evidences per-holder allocation lookup, not a published reconciled bar list.
support.paxos.com ↗“Here, you can get your gold bar’s serial number, brand code, gross weight, fineness and fine weight. This tool can be found in the PAX Gold tab on your account Dashboard.”
support.paxos.com ↗“If you hold PAX Gold on-chain outside of Paxos , you can review details on your gold bars here . You just need an Ethereum address to look up your tokens.”
paxos.com ↗“At any time, PAX Gold holders can go to the Paxos website to retrieve the serial number and physical characteristics of the vaulted gold they own. The only input required is an Ethereum address holding PAX Gold tokens.”
paxos.com ↗“At any time, token holders can look up the serial number, brand code, gross weight, fineness, and fine weight of their gold bar holdings using an Ethereum wallet address.”
Verifier note: panel 0/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — goal-fit: The issuer materials support holder-level, dynamically changing bar-allocation lookup by Paxos account or Ethereum address, including serial number, brand code, gross weight, fineness, and f | anthropic: unsupported — goal-fit: Every quote is verbatim-accurate against the archived sources, and the underlying value — that Paxos offers a per-holder lookup returning serial number, brand code, gross weight, fineness an
CustodiansBrink’s Global Services Ltd. holds the physical gold underlying PAXG.DisputedMore
Sources · 1
Incomplete against slot spec; evidence does not support the missing fields.
app.rwa.xyz ↗“Custodian
Legal Identifier
Brink’s Global Services Ltd.”
Verifier note: panel 1/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — goal-fit: The cited RWA.xyz page identifies Brink’s Global Services Ltd. as PAXG’s custodian, supporting the named holder. However, it provides no custodian regulator or charter and no account-segrega | anthropic: confirmed — The cited source lists under Service Providers a 'Custodian / Legal Identifier' field with the value 'Brink's Global Services Ltd.' For a gold-backed commodity asset (PAXG, base asset XAU/USD, redeema
Incidents & track recordThe SEC terminated its BUSD investigation on 2024-07-09 without recommending enforcement action.UnverifiedMore
Sources · 2
paxos.com ↗“Paxos, the leading regulated blockchain & tokenization infrastructure platform, today announced that it received a formal termination notice from the SEC on July 9, 2024, stating that it will not recommend enforcement action against Paxos Trust Company in the investigation of Binance USD (BUSD).”
paxos.com ↗“SEC Concludes Investigation of Paxos Following Wells Notice of February 2023”
Verifier note: lost head-to-head to incumbent 483cd9b8-f024-4f0a-a634-6431d48adc21: The incumbent directly documents a named enforcement settlement between Paxos and the NYDFS, with a precise date, historical compliance context involving Binance, and a specific $26.5 million penalty. Its own evidence fully supports these details. The new claim is also responsive and supported, but describes an investigation ending without enforcement, making it less notable and specific than the concluded regulatory action and monetary penalty.
Service providersBrink’s Global Services Ltd., custodian; WithumSmith+Brown, auditor; INTL FCStone, gold sourcing and live pricing.UnverifiedMore
Sources · 3
rwa.xyz ↗“Custodian
Legal Identifier
Brink’s Global Services Ltd.”
paxos.com ↗“Further, Paxos has deep experience providing digital services to the institutional gold market through its post-trade settlement services, giving Paxos the ability to leverage relationships with premium institutions like Brink’s for gold storage and INTL FCStone for sourcing gold and receiving live pricing data.”
Verifier note: panel 1/2 confirmed (sourceDomains=2) | gpt: unsupported — goal-fit: Brink’s Global Services Ltd. is supported as custodian, and WithumSmith+Brown/Withum is supported as auditor or independent attestation provider. Although Paxos supports INTL FCStone’s role | anthropic: confirmed — All three listed service providers are supported by the union of fetched sources, and each answers the slot question about named providers serving the product. RWA.xyz lists 'Custodian / Legal Identif
BackersOak HC/FT; Declaration Partners; Founders Fund; Mithril Capital; PayPal Ventures.DisputedMore
Sources · 1
Unverifiable against available evidence.
paxos.com ↗“Paxos is a top-funded fintech company with more than $540 million raised from leading investors including Oak HC/FT, Declaration Partners, Founders Fund, Mithril Capital and PayPal Ventures.”
Verifier note: lost head-to-head to incumbent 75f867be-f0b3-4bf1-9d17-c59e5d7d0a76: The claims and their cited evidence are identical, so quality is tied; per the tie-break rule, the incumbent wins.
Operating historyPaxos has operated for over a decade and issues regulated assets including PAXG, USDP, and PYUSD.DisputedMore
Sources · 2
Unverifiable against available evidence.
paxos.com ↗“No other blockchain and tokenization platform has shown more dedication to seeking oversight and complying with global institutional standards as Paxos has done for over a decade”
paxos.com ↗“It is the issuer of numerous regulated digital assets including PayPal USD (PYUSD), Pax Dollar (USDP) and Pax Gold (PAXG).”
Verifier note: panel 1/3 confirmed (sourceDomains=1, disputed) | gpt: unsupported — The sources confirm that Paxos issues regulated digital assets including PAXG, USDP, and PYUSD. However, the cited duration statement says Paxos has demonstrated dedication to regulatory oversight and | anthropic: confirmed — Both claimed quotes appear verbatim in the archived sources. The NYDFS statement states Paxos 'has done for over a decade' regarding its dedication to oversight/compliance, supporting an operating his | gpt: unsupported — goal-fit: The sources explicitly support that Paxos issues PYUSD, USDP, and PAXG, but this product-list statement does not answer the requested operating-history slot: years operating, major milestone
Launched2019-08-26DisputedMore
Sources · 1
No in-corpus evidence establishes a launch date.
Verifier note: panel 1/2 confirmed (sourceDomains=1, disputed) | gpt: contradicted — The source labels 08/26/2019 as the “Inception Date,” which does not establish the token’s launch date. Its narrative explicitly says PAXG was launched in September 2019, disagreeing with the claimed | anthropic: confirmed — The cited source's Key Facts section explicitly lists 'Inception Date 08/26/2019', which directly matches the claimed launch_date of 2019-08-26 and answers the slot question of when the token launched
What the issuer doesPaxos operates regulated blockchain infrastructure spanning token issuance, brokerage, custody, payments, minting, redemption, and trading.DisputedMore
Sources · 2
Unverifiable as sourced; the only in-corpus issuer_business support is ad8298d5 (NYDFS-regulated financial institution, PAXG NYDFS-approved), which the value does not cite.
paxos.com ↗“Paxos is the leading regulated blockchain infrastructure and tokenization platform.”
paxos.com ↗“Crypto Brokerage
Stablecoin Payments
Stablecoin Issuance
Mint and Redeem
itBit”
Verifier note: lost head-to-head to incumbent 60403ed1-118f-43b8-be63-558095e06062: The incumbent directly and more specifically answers both what Paxos does and how the token fits its business: it lists the infrastructure activities and identifies PAXG as Paxos's regulated tokenized-gold product. Its own evidence supports Paxos's tokenization, custody, trading, settlement, brokerage, payments, issuance, minting and redemption activities and identifies Paxos as the issuer of Pax Gold (PAXG). The new claim describes only Paxos's general operations and does not explain PAXG's role.
Holdings100% of disclosed backing comprises allocated London Good Delivery gold; each PAXG corresponds to one fine troy ounce.UnverifiedMore
Sources · 2
paxos.com ↗“PAX Gold is a digital asset where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vaults in London.”
support.paxos.com ↗“Paxos Trust Company has engaged Withum, a nationally top-ranking auditing firm, to independently verify at month end that the entire supply of PAX Gold tokens corresponds 1:1 with ounces of London Good Delivery gold held in vaults.”
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The sources support allocated London Good Delivery gold backing and one fine troy ounce per PAXG, but the value does not disclose a holding weight or an as-of date as required by the slot qu | anthropic: confirmed — Both cited quotes are reproduced verbatim in the archived source content and directly support the stated value. The whitepaper's 'THE DESIGN OF PAX GOLD / Basics' section states 'PAX Gold is a digital
Yield mechanicsRWA.xyz classifies PAXG income treatment as accumulation rather than distribution; holders need no disclosed staking step.DisputedMore
Sources · 1
Yield mechanics for a non-yielding asset reduce to price appreciation via NAV/spot value; 'accumulation of income' mischaracterizes the mechanism.
Verifier note: panel 0/3 confirmed (sourceDomains=1, disputed) | gpt: unsupported — evidence class mismatch | anthropic: unsupported — evidence class mismatch. The RWA.xyz page does state "Use Of Income: Accumulates", so the atomic quote is literally present, but RWA.xyz is a tier-2 aggregator. The slot ts:underlying/yield_mechanics | gpt: unsupported — evidence class mismatch
Yield sourcePAXG produces no contractual yield; holder returns arise from changes in gold's real-time market value.UnverifiedMore
Sources · 3
paxos.com ↗“Because PAX Gold represents physical gold, its value is tied directly to the real-time market value of gold.”
Verifier note: panel 1/3 confirmed (sourceDomains=2) | gpt: unsupported — The issuer source supports that PAXG represents physical gold and that its value is tied to gold’s real-time market value. However, none of the fetched sources expressly establishes that PAXG has no c | anthropic: confirmed — The claim answers the SLOT QUESTION directly: PAXG has no contractual yield mechanism, and holder returns derive solely from gold's price movement. Both quoted sources support every material claim. RW | gpt: unsupported — goal-fit: The issuer source supports that PAXG represents physical gold and that its value is tied directly to gold’s real-time market value. However, this describes price exposure, not a yield source
Structure & qualityPaxos allocates every PAXG to specific serial-numbered gold bars; fractional holders own proportional bar interests.UnverifiedMore
Sources · 2
support.paxos.com ↗“Paxos allocates gold automatically so that all PAX Gold (PAXG) tokens are allocated to specific gold bars at all times. When customers are not allocated ownership of a full gold bar, they will own pro rata shares of bars as determined by PAXG token holdings.”
paxos.com ↗“PAX Gold is backed by physical gold and is allocated down to the serial number of each individual bar.”
Verifier note: panel 0/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The issuer materials substantively support the allocation mechanism: PAXG is allocated to specific serial-numbered London Good Delivery bars, and holders without a full-bar allocation own pr | anthropic: unsupported — goal-fit: The SLOT QUESTION asks for the duration/maturity profile, credit quality, and concentration of the underlying. The claim describes PAXG's allocation mechanism (every token allocated to speci
Reserve compositionPhysical London Good Delivery gold constitutes 100% of disclosed backing, valued through the real-time gold market; no residual category is disclosed.DisputedMore
Sources · 3
Supportable that gold is 100% of backing; the valuation-basis phrasing exceeds what the cited evidence directly states.
paxos.com ↗“PAX Gold is a digital asset where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vaults in London.”
support.paxos.com ↗“Paxos Trust Company has engaged Withum, a nationally top-ranking auditing firm, to independently verify at month end that the entire supply of PAX Gold tokens corresponds 1:1 with ounces of London Good Delivery gold held in vaults.”
paxos.com ↗“Because PAX Gold represents physical gold, its value is tied directly to the real-time market value of gold.”
Verifier note: panel 1/2 confirmed (sourceDomains=1, disputed) | gpt: unsupported — goal-fit: The sources support that the entire PAXG supply corresponds 1:1 to physical London Good Delivery gold and disclose no residual asset category. However, the real-time-market statements concer | anthropic: confirmed — goal-fit: The claim directly answers the slot question by stating the reserve asset class (physical London Good Delivery gold), its share (100% of disclosed backing), the valuation basis (real-time go
CompositionEach PAXG represents one fine troy ounce of London Good Delivery physical gold held in professional London vaults.UnverifiedMore
Sources · 2
paxos.com ↗“PAX Gold is a digital asset where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vaults in London.”
paxos.com ↗“PAX Gold is backed by physical gold and is allocated down to the serial number of each individual bar.”
Verifier note: panel 1/2 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The sources support that each PAXG represents one fine troy ounce of physical London Good Delivery gold held in professional London vaults and allocated to identified bars. However, the narr | anthropic: confirmed — Both claimed quotes appear verbatim in the fetched Paxos whitepaper. Quote 1 ("PAX Gold is a digital asset where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in
Categorycommodity-rwaUnverifiedMore
Sources · 1
paxos.com ↗“the allocated gold stablecoin managed by Paxos (“PAX Gold”)”
Verifier note: lost head-to-head to incumbent ed4c8aa0-5f7c-4786-9edf-36015d8b8acf: Both claims directly classify the underlying asset as commodity-rwa, but the incumbent's own evidence is more specific and better supported: it explicitly identifies the asset class as Commodities and states that each PAX Gold token represents one fine troy ounce of a London Good Delivery gold bar stored in London vaults. The new evidence only calls PAX Gold an allocated gold stablecoin. Under the tie rule and stronger specificity, the incumbent wins.
Corporate-action passthroughPaxos supports and backs PAXG on one Ethereum fork only; unsupported-fork holders receive no corresponding Paxos-backed token rights.UnverifiedMore
Sources · 1
paxos.com ↗“Paxos will evaluate all forks and make a determination, based on a number of factors, to support PAXG on one, and only one, of the Forks. Paxos will continue to provide Services for, support and hold US dollars against, PAXG held on the supported Fork only.”
Verifier note: panel 1/3 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The cited terms confirm that Paxos selects only one Ethereum fork for PAXG support and provides services and backing only on that fork. However, this addresses blockchain-fork treatment, not | anthropic: unsupported — goal-fit: The quoted text (Section 13.1) is genuinely present in the source and accurately supports the claim that Paxos supports PAXG on one, and only one, fork, providing services and USD backing on | kimi: confirmed — Section 13.1 of the archived PAXG Terms verbatim supports both material claims: Paxos will 'support PAXG on one, and only one, of the Forks' and will 'provide Services for, support and hold US dollars
Final terms documentPaxos PAX Gold Terms and Conditions are the operative product-specific terms; the corpus provides no publication date or identifier.UnverifiedMore
Sources · 5
paxos.com ↗“You must redeem a minimum of 430 PAXG tokens plus the fee set forth in the Paxos User Guide, per London Good Delivery gold bar.”
paxos.com ↗“Paxos will make commercially reasonable efforts to convert and/or redeem your PAXG quickly. It may take up to several business days for your Account balance to reflect the conversion or redemption, depending on your method of conversion or redemption.”
paxos.com ↗“Provided a purchase request was made by 5:00 p.m. EST and has passed the necessary compliance checks, your PAXG tokens will be delivered the next business day following a purchase request.”
paxos.com ↗“Paxos is not responsible for any losses associated with any default by a Clearing Bank, or any unavailability of your unallocated balance, either temporarily or permanently, due to non-performance of the Clearing Bank for any reason, including but not limited to, insolvency, default, or operational error.”
paxos.com ↗“Paxos will evaluate all forks and make a determination, based on a number of factors, to support PAXG on one, and only one, of the Forks. Paxos will continue to provide Services for, support and hold US dollars against, PAXG held on the supported Fork only.”
Verifier note: panel 0/3 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The archived page supports the five quoted provisions and identifies itself as a PAXG Agreement forming part of the Paxos Contractual Documentation, but it does not establish the final legal | anthropic: unsupported — goal-fit: The slot question asks for the final legally effective terms including issuer, date, identifier, and original registry URL. All five claimed quotes are verbatim-verifiable in the archived co | kimi: unsupported — goal-fit: the archived content confirms the cited URL hosts the operative product-specific PAX Gold Terms and Conditions (a self-described 'PAXG Agreement' covering conversion, redemption, forks, and
Minimum investment15UnverifiedMore
Sources · 1
paxos.com ↗“Given that PAX Gold has a very low investment minimum (0.01 PAXG or ~$15), fractional bar ownership is now possible for retail customers unlike ever before.”
Verifier note: panel 1/3 confirmed (sourceDomains=1) | gpt: unsupported — The source states a purchase minimum of 0.01 PAXG and describes its value only approximately as “~$15.” It does not support an exact minimum initial subscription/mint of 15; it also separately notes a | anthropic: confirmed — The whitepaper directly answers the slot question (minimum initial subscription/mint): it states the purchase minimum is 0.01 PAXG, described as 'a very low investment minimum (0.01 PAXG or ~$15)'. Th | kimi: unsupported — The source states the investment minimum as 0.01 PAXG, with '~$15' given only as an approximate USD equivalent tied to the gold price at the time of writing, not as a stated $15 minimum. The whitepape
Caps / gatesPaxos may impose account withdrawal limits; larger withdrawals may take substantially longer, including up to 30 days.UnverifiedMore
Sources · 4
paxos.com ↗“Paxos may impose withdrawal limits on your Account as per the Paxos User Guide (available at https://help.paxos.com).”
paxos.com ↗“Paxos may impose withdrawal limits on your Account as per the Paxos User Guide available at https://help.paxos.com (the “ Paxos User Guide ”).”
paxos.com ↗“Withdrawals may take up to two (2) days to complete, provided that larger withdrawals may take substantially longer to complete.”
insights.paxos.com ↗“Withdrawals may take up to three (3) days to complete, provided that larger withdrawals may take up to thirty (30) days to complete.”
Verifier note: panel 1/3 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The current USD Stablecoin Terms support that Paxos may impose Account withdrawal limits and that larger US-dollar withdrawals may take substantially longer, but they do not specify any limi | anthropic: unsupported — The four claimed quotes are each verbatim-accurate, but they come from two different products' agreements and the claim fuses them. The stablecoin/redemption document (paxos.com/.../stablecoin-terms-c | kimi: confirmed — Each element of the claim is stated in the cited archived sources. The current USD Stablecoin Terms (2.3.2, 2.5.7) state verbatim that Paxos may impose withdrawal limits per the User Guide, and 2.3.3
Source documentsPax Gold Whitepaper; product terms document; publication date not stated in the corpus.DisputedMore
Sources · 1
Cite the paxos.com whitepaper URL and evidence.
Verifier note: panel 1/3 confirmed (sourceDomains=1, disputed) | gpt: unsupported — goal-fit: The cited RWA.xyz page labels an item under “Terms” as “Paxos Gold Whitepaper,” supporting the document name and a terms-related classification. However, it does not provide the document’s U | anthropic: confirmed — The archived rwa.xyz PAXG page renders the exact claimed quote — a 'Terms' section header immediately followed by 'Paxos Gold Whitepaper' — which supports both the document's identity and its classifi | kimi: unsupported — goal-fit: the slot requires each document fact to carry type, date, and the URL at the original source. The RWA.xyz snapshot only shows the label 'Terms: Paxos Gold Whitepaper' on a third-party regist
Depeg / liquidityCrypto-asset price and liquidity fluctuations can move PAXG's secondary price away from its underlying gold value.DisputedMore
Sources · 2
Remove 6bc188c2; confidence 0.78 overstates the thin support.
paxos.com ↗“the price and liquidity of crypto assets has been subject to large fluctuations in the past and may be subject to large fluctuations in the future;”
paxos.com ↗“the allocated gold stablecoin managed by Paxos (“PAX Gold”)”
Verifier note: panel 0/3 confirmed (sourceDomains=1, disputed) | gpt: unsupported — goal-fit: The source identifies PAX Gold as a crypto asset and warns generally that crypto-asset prices and liquidity can fluctuate substantially. It does not state that these fluctuations cause PAXG’ | anthropic: unsupported — Both verbatim quotes check out against the fetched Paxos General Terms and Conditions: §5.3(b) states "the price and liquidity of crypto assets has been subject to large fluctuations in the past and m | kimi: unsupported — goal-fit: the sources confirm that crypto-asset prices and liquidity fluctuate (§5.3(b)) and that PAX Gold is a crypto asset covered by these terms (§5.2), but no cited passage states that these fluct
SettlementSeveral business daysUnverifiedMore
Sources · 1
paxos.com ↗“Paxos will make commercially reasonable efforts to convert and/or redeem your PAXG quickly. It may take up to several business days for your Account balance to reflect the conversion or redemption, depending on your method of conversion or redemption.”
Verifier note: panel 0/3 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The source states only that an account balance may take up to several business days to reflect a conversion or redemption, depending on the method. This is a maximum, method-dependent accoun | anthropic: unsupported — The quoted text is verbatim-accurate to Section 11.5 of the archived Paxos PAXG terms. However, the source states settlement may take "up to several business days," framed as a maximum ceiling qualifi | kimi: unsupported — goal-fit: the source states only an upper bound — 'it may take up to several business days for your Account balance to reflect the conversion or redemption' — hedged with 'commercially reasonable effo
Exit pathsPaxos identifies a retailer network for converting smaller PAXG amounts into physical gold worldwide.UnverifiedMore
Sources · 1
paxos.com ↗“Through Paxos.com, customers can redeem full-sized London Good Delivery gold bars. Through a network of gold retailers, they can convert smaller amounts to physical gold all over the world.”
Verifier note: panel 1/3 confirmed (sourceDomains=1) | gpt: unsupported — goal-fit: The issuer whitepaper supports a smaller-amount physical-gold conversion path through participating gold retailers worldwide, but the claim does not provide the required settlement timing, m | anthropic: confirmed — The whitepaper (issuer-docs, the assigned evidence class) states verbatim under 'Redeemable': 'Through a network of gold retailers, they can convert smaller amounts to physical gold all over the world | kimi: unsupported — goal-fit: the archived whitepaper does support that Paxos identifies a network of gold retailers for converting smaller PAXG amounts to physical gold worldwide ('Through a network of gold retailers, t
AttestationsPaxos publishes PAXG attestation reports through its transparency resources. The evidence does not identify the attestation provider.UnverifiedMore
Sources · 3
support.paxos.com ↗“You could find every attestation report that has been published since the launch of PAXG here.”
paxos.com ↗“Transparency Reports
Building trust in digital assets with regulated blockchain infrastructure & regulated, fully-backed USD stablecoins.”
support.paxos.com ↗“Our vault provider maintains insurance against loss of the gold held in custody by Paxos for the benefit of PAX Gold token holders.”
Verifier note: WARNING: evidence class mismatch; trusted tier 1 evidence requires substance and goal-fit review | panel 0/3 confirmed (sourceDomains=1) | gpt: contradicted — Paxos supports that PAXG attestation reports are published through its transparency resources, but the evidence explicitly identifies the provider: Paxos Trust Company engaged Withum to independently | anthropic: contradicted — The claim asserts two things: (1) Paxos publishes PAXG attestation reports through its transparency resources, and (2) 'the evidence does not identify the attestation provider.' Part (1) is supported | kimi: contradicted — The archived Paxos support article explicitly identifies the attestation provider: 'Paxos Trust Company has engaged Withum, a nationally top-ranking auditing firm, to independently verify at month end
Run operations
3 source channels auto-trusted this run (revocable in Autoresearch)
discover · claude · ok · 302s · 53 links
discover · codex · ok · 87s · 148 links
resolve · resolve-light · ok · 44 links
ingest · ingest · weak
plan · plan · ok
synthesize · synthesize · ok
Coverage
27 of 43 fields verified · 0 unverified · 24 not found
Run 2026-08-05T17:02:38.771Z · done · cost $0.00
Automated research, human-reviewed. Verify against source documents before credit decisions.
