AZG vs PAXG
Same asset class, side by side. A dash is a field the public record does not fill.
| Field | AZ Gold Reserve | Pax Gold |
|---|---|---|
| Ticker | AZG | PAXG |
| Asset class | Gold | Gold |
| Issuer | AZ Reserves Ltd | Paxos Trust Company, National Association |
| Issuer jurisdiction | — | United States |
| Regulator | — | Office of the Comptroller of the Currency (OCC) |
| Token type | Reserve-backed digital asset linked to pledged bullion, in-ground resources and above-ground resources. | Asset-backed token. One token represents one fine troy ounce of a London Good Delivery gold bar. |
| Custodian | — | Paxos Trust Company, National Association. Allocated gold is stored in LBMA-accredited vaults in London. |
| Auditor | Hashlock (smart-contract audit of the AZ Reserves Ltd token contracts, final report v2). This is a code audit, not a reserve attestation. | KPMG LLP (monthly attestation). Bureau Veritas (annual physical audit of the vaulted gold; Paxos says this is not an attestation of ownership or valuation). |
| Chains | Ethereum | Ethereum, Solana |
| Fees | — | Zero storage fees. Zero on-chain transfer fees. |
| Redemption | Arizore terms say the operator does not guarantee liquidity, market access, convertibility or a redemption pathway. | Redeemable through Paxos for LBMA Good Delivery gold bars (minimum 430 PAXG per bar), unallocated Loco London gold, or USD. |
| Minimum unit | — | 1 fine troy ounce per token |
| Launched | — | — |
| Website | https://arizore.io/ | https://www.paxos.com/pax-gold |
| CoinGecko id | — | pax-gold |
| Market cap | — | — |
| Supply | — | — |