BSVKey · Custody for industry

All industries

For tokenized-fund issuers, digital-asset custodians and stablecoin issuers

Answer the trust question before your holders ask it.

Tokenized funds and stablecoins compete on trust. Holders who can check the backing any day, instead of waiting for the next report, have one less reason to leave, and a late or quietly revised report is exactly what shakes confidence.

Is every token backed? treasuries and reserves

The promise
1 token = 1 dollarin Treasury bills.
Between reports
NEXT REPORTIN 89 DAYSAnd until then?
Without proof
HOLDERFUNDHow do I knowtoday?Read ourquarterly PDF.
With signed holdings
HOLDINGS SIGNED TODAYBY THE CUSTODIANBILLS COVER TOKENSLATE REPORT = SIGNED GAPChecked it myself,this morning.

The custodian signs a fingerprint of the holdings at an as-of time, every day. Anyone can check backing between reports, and a late or missing report becomes a signed gap instead of a silence.

What it costs you today

Holders and counterparties rely on periodic reports, and on the issuer's word in between. Every reporting cycle is a moment of doubt, and every late or revised report costs confidence that is expensive to win back.

What changes

Backing anyone can check

The custodian signs daily holdings, and any single position can be proven without publishing the rest.

Reports that can't be quietly changed

Each reserve report is fingerprinted and signed when it is published, and a late report is recorded as late.

Fewer disputes over official data

A signed record of exactly what an auction result or data release said, and when, for contracts that depend on it.

Do it now

No call needed. Sign and check free in your browser, or run a paid service on the spot. For a paid service you see the price first and are charged only when the result is delivered; the signed result is yours to download and check.

Sign and check in your browser

Sign holdings, reserve reports and data releases, and check every day and every report.

Free. Keys and files stay on your device.

Open the app

Holdings and reserves alerts

A signed digest of missing days, stated holdings below supply, late or revised reserve reports and missing countersignatures.

$25 per digest

Do it now

Timestamp holdings and reserve reports

Anchor each report the moment it is published, so a quiet revision is detectable.

$0.10 per file

Do it now

Already have a BSVKey result file? Check that it is genuine, no account needed.

How it works now treasuries and reserves

The custodian signs the day
12 POSITIONSONE FINGERPRINTSIGNED DAILYEvery day,one signature.
A holder checks one position
HOLDERSAMPLE004IN THE SIGNED DAYREST STAYS PRIVATEProof for oneposition only.
Reports can't be quietly changed
SEP: LATEREVISEDCOUNTERSIGNED: V1Late or revisedshows up.
Anyone checks
DAY 24+91.2% OF SUPPLYFLAGGEDEvery day,checkable.

Free in your browser: the custodian signs each day's holdings, the issuer each report, the accountant the version it reviewed, and any holder can check. A paid digest signs the alerts for an auditor or a board.

How it works

Each party signs a small record at the moment it takes responsibility. The records chain together, so a missing, edited or forged one is caught.

RecordSigned bySays
finance.holdings/1the custodianone fingerprint over all positions at an as-of time (instrument, CUSIP, amount), the count, and totals by type; any single position provable on its own
finance.reserve/1the issuer, countersigned by its accountanta fingerprint of the reserve report, its totals and the period it covers
finance.release/1the recording servicea fingerprint of a published data release, where it was fetched from, and when
finance.gap/1the attestation servicean expected attestation or report that did not arrive on time

All records use canonical JSON, a SHA-256 fingerprint and an Ed25519 signature, the same primitives proven in our space custody work.

A real run

Sample T-bill fund, 30 days, every name and amount sample data
29 daily holdings roots signed by the custodian, 12 positions each
Series verified (signatures, chain, every day accounted for): PASS
  day 17   no attestation: recorded as missing by the attestation service
  day 24+  stated holdings 91.2% of tokens outstanding: flagged every day

A holder checks one position without seeing the rest:
  SAMPLE004, par $5,000,000                true
  same position, value raised by $1        false

Stablecoin reserve reports:
  August     on time, countersigned
  September  late, then revised ($1,005.0M -> $1,002.0M),
             accountant countersigned the first version only

Recorded yield-curve file: the file as fetched matches;
  a later copy with one rate changed       differs

Tampering:
  custodian quietly re-issues a day        caught
  a day deleted with no gap record         caught
  holdings signed by the wrong party       caught
  gap record forged by the custodian       caught
  revision passed off as countersigned     caught

The shortfall in this sample run comes from the custodian's own signed statement: the evidence shows what was stated and when, which an auditor or holder then follows up.

Where it stands

Try it on one loss

Send us the records from one loss that went wrong. We will show you what the evidence says.

Email embryospace@gmail.com