Ethereum
Polygon
ArbitrumPAXG is the leading regulated gold token: each token represents one fine troy ounce of a London Good Delivery bar held in Brink's London vaults, issued by Paxos Trust Company under NYDFS supervision. Holders can redeem for allocated physical bars, unallocated gold, or USD, and can look up the serial number of their allocated bar.
One token, one fine troy ounce of LBMA gold in Brink's vaults.
Prism analyst note
PAXG rode gold's historic 2024 to 2025 rally past $4,000/oz to become the benchmark hard-asset token. The trust-company structure means holders own title to specific allocated bars, materially stronger than unallocated or synthetic gold exposure. Deep CEX and DEX liquidity, tight tracking to spot, and physical redemption from 430 PAXG upward. The reference asset for tokenized commodities.
Generated from issuer disclosures and reviewed against the sources listed below. Not investment advice.
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Prism read this token's contract directly on its chain and confirmed the figures the issuer publishes.
- What was checked
- Prism read this token's contract on Ethereum and confirmed the symbol, decimals, and supply the issuer publishes.
- Source
- Paxos
- Last verified
- Jan 10, 2026
- Token contract
- 0x4580…Af78
- Custody
- Brink's (London vaults)
Structure & compliance
Documents & disclosures
Frequently asked
Can I redeem for physical gold?+
Yes: allocated Good Delivery bars (from ~430 oz), unallocated gold via partners, or USD at market price.
Is there a storage fee?+
No ongoing custody fee; Paxos charges small on-chain transfer fees (0.02%) and creation/redemption fees.