[PAXG]
PAX Gold
Stable
Reserves
1 / 1
Market Feedback
0.5 / 1
Mechanism
1 / 1
1.1Reserves
1.1.1Collateralization % & Type of Collateral
1.00
As of May 31, 2023, PAXG is fully backed by 263,472 troy ounces of LBMA-accredited Good Delivery gold.
1.1.2Storage of Assets
1.00
PAXG reserves are stored in Brink’s Global Services Ltd. and Industrial and Commercial Bank of China Ltd (ICBC) Standard Bank , both of which are LBMA-approved vaults.
1.1.3Asset Segregation
1.00
All gold held in vaults are held by Paxos in segregated accounts for the benefit of PAXG holders.