According to Odaily Planet Daily, Paxos officially released the Pax Gold (PAXG) transparency report for May. The report disclosed that as of 17:00 on May 31, Eastern Time, the issued PAXG circulation was 184,251.184 pieces and the reserve gold was 184,251.232 troy ounces. The report also pointed out that the circulating supply of PAXG did not exceed the redeemable asset balance.