Ethereum
XAUT represents one fine troy ounce of allocated gold on a specific bar held in Swiss vaults, issued by TG Commodities. Holders can verify bar allocation via the issuer's lookup and redeem physical bars in Switzerland, with the token trading on major global exchanges.
Allocated Swiss-vaulted gold with global exchange liquidity.
Prism analyst note
XAUT is PAXG's principal rival, trading the NYDFS trust wrapper for Tether's global exchange distribution and Swiss vaulting. Attestation cadence and regulatory oversight are lighter than Paxos', which the market prices as a marginally wider trust premium. For traders on Tether-centric venues it is often the more liquid gold leg; for structure-sensitive holders PAXG's regulatory posture is stronger.
Generated from issuer disclosures and reviewed against the sources listed below. Not investment advice.
Structure & compliance
- Underlying
- Allocated LBMA gold bars, Switzerland
- Legal structure
- Token = title to allocated gold (TG Commodities Ltd.)
- Jurisdiction
- El Salvador
- Custodian
- Swiss vault operators (allocated)
- Administrator
- TG Commodities Limited
- Oracle / NAV source
- Exchange market data; LBMA reference
- Reserve information
- Periodic attestations of gold in custody (BDO); per-holder bar lookup.
- Transfer restrictions
- Freely transferable ERC-20; issuer redemption KYC-gated.
- Investor eligibility
- Open / permissionless
- KYC required
- No, permissionless transfers
- Minimum investment
Reserve verification
Contracts & on-chain data
Addresses shown only where independently confirmed against explorers and issuer documentation. Holder and transfer analytics are available via the linked explorers. 20K+
Documents & disclosures
Frequently asked
PAXG or XAUT?+
Same underlying metal exposure. PAXG: NYDFS trust, London vaults, monthly attestations. XAUT: Swiss vaults, Tether ecosystem liquidity.
