Profile
PGOLD profile facts
Pleasing Gold (PGOLD) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Gold.
- Collateral
- LBMA-standard 99.99% physical gold with 1 PGOLD representing 1 fine troy ounce; issuer materials describe fully gold-backed reserves and physical redemption support
- Peg mechanism
- Issuer-managed gold-backed token with off-chain custody and redemption workflow; documentation describes physical redemption and delivery through the Pleasing platform subject to KYC and size requirements
- Jurisdiction
- Hong Kong
- Proof of reserves
- Independent Audit by VISTO CPA LIMITED (HKSAE 3000 reasonable assurance; partial physical observation and Arbitrum-only liability scope) Reserve source
- Contracts
- 4 deployments tracked across Arbitrum, ApeChain, Ethereum, and Pharos Network.
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
PGOLD quick answers
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What is Pleasing Gold (PGOLD)?
Pleasing's gold-backed token: LBMA-standard 99.99% bullion, 1 troy ounce per unit, held by undisclosed qualified custodians in Hong Kong; KYC-gated redemption. The static profile records its Gold peg mechanism as: Issuer-managed gold-backed token with off-chain custody and redemption workflow; documentation describes physical redemption and delivery through the Pleasing platform subject to KYC and size requirements.
Is PGOLD safe?
As of Oct 25, 2026, Pharos grades PGOLD C- (50/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances, and direct redemption is limited to customers the issuer has verified. That is a middle-band grade: it meets baseline expectations but carries meaningful weaknesses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs PGOLD?
Pharos records PGOLD's reserves as of Jun 25, 2026 as 100% Physical gold bullion (LBMA-standard, 99.99% purity). Reserve evidence: Independent Audit, latest period ending Jun 25, 2026. Pharos classifies the backing as Real-World Asset Backed.
Can PGOLD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded.
How do you redeem PGOLD?
Under the route Pharos reviewed on Sep 21, 2026, customers the issuer has verified can redeem PGOLD for physical metal, starting at 32.15 PGOLD. Settlement takes multiple days. The fee is variable or not fully published. Whether a given holder qualifies is set by the route's own terms, not by this summary.
