Paxos Publishes June Transparency Report for PAXG: Slight Increase in Gold Reserves
Publication Time:2024-08-03 19:56:07
Paxos officially released the June transparency report for PaxGold (PAXG), disclosing unaudited financial data as of 5 PM EDT on June 28. The report mainly includes: the circulating supply of issued PAXG has reached 185,852.565 ounces, with gold reserves slightly decreasing to 185,852.614 troy ounces. The circulating supply of PAXG does not exceed the redeemable asset balance. This report demonstrates Paxos' commitment to the security and transparency of PAXG assets, allowing investors to better understand the operation of PAXG and its underlying physical gold backing.
Paxos
PAXG
Transparency Report
circulating supply
Gold Reserves