Match the records
You should be able to see how customer positions are reconciled with the custodian’s gold records.
See what’s behind
your gold balance.
Before you hold gold with NeoXG, you should know where it is kept, how your position is recorded and how the backing is checked. Here is the proposed model and what remains unconfirmed.
Understand what would back your holding
NeoXG is being designed so gold-backed positions correspond to physical gold. Full backing is the target; this prototype does not hold verified customer reserves.
Before committing funds, you should be able to understand your rights to that gold, who holds it and what happens if NeoXG or a provider fails. Those arrangements are not finalized.
Know where your gold would be held
| Detail | Current status |
|---|---|
| Custodian and vault jurisdiction | Not confirmed for publication |
| Allocated or unallocated holding | Allocated backing is intended; the contractual model is not finalized |
| Segregation from company assets | Legal and operational arrangements to be confirmed |
| Purity and eligible bullion standard | Criteria to be confirmed |
| Insurance provider, scope and exclusions | No confirmed coverage is represented here |
| Customer rights and the XG unit | Final definition and legal terms pending |
Know how the backing would be checked
Understand the independent review
Look for the reviewer, what they checked and how often they checked it. A provider and reporting schedule have not been announced.
Read the evidence
Dated reports and a clear coverage calculation should sit alongside reserve figures. No reports are available in this prototype.
Find the evidence behind the figures
There are no public reserve reports to inspect yet. This register makes the gaps visible, so you can see which evidence is still needed.
| Gold held | Not published |
|---|---|
| XG outstanding | Not published; unit definition pending |
| Backing ratio | Not calculable from published information |
| Latest independent report | Not published |
| Reconciliation status | Not published |
Want dollars, or the gold itself?
Selling part of your holding for an external USD payout is one proposed way to use NeoXG. Collecting physical bullion would be a separate service, with its own eligibility and delivery rules.
You would need to check minimum quantities, fees, identity requirements and where collection or delivery is offered. These details are not finalized. Gold held outside Lebanon should not be assumed to be available for immediate delivery into Lebanon.