TG Commodities announced that KPMG US has completed its independent audit of the 2025 financial statements, issuing an unqualified opinion. The audit confirmed that, as of December 31, 2025, XAU₮ was backed by fully allocated physical gold: 520,089.350 troy ounces of allocated gold, valued at $2.246 billion, against a token supply of 520,089.300. During the audit, KPMG physically counted and inspected every gold bar; the gold is held in Swiss vaults, meets London Good Delivery standards, is owned by token holders, and each token represents undivided ownership of a designated gold bar.
· The 0.05 difference between the troy ounces and token supply reflects the original figures disclosed on the audit date
· In addition to the annual audit, management also commissioned an independent third party to conduct quarterly spot checks of some of the gold bars
Which do you value more: a full annual count or the continuity of quarterly spot checks?
· The 0.05 difference between the troy ounces and token supply reflects the original figures disclosed on the audit date
· In addition to the annual audit, management also commissioned an independent third party to conduct quarterly spot checks of some of the gold bars
Which do you value more: a full annual count or the continuity of quarterly spot checks?
