Proof of Reserves

Transparency matters when confidence in the market does not.

Independent assurance in a sector where trust can disappear quickly

The digital assets sector has seen repeated failures caused by weak governance, poor controls, inaccurate reserve reporting, and businesses operating without proper financial oversight.

Proof of reserves reporting is no longer simply a technical exercise. Investors, regulators, counterparties, and customers increasingly expect evidence that digital asset businesses can support balances, safeguard assets, and maintain operational integrity.

We provide practical support for businesses requiring:

  • Reserve verification support
  • Wallet verification procedures
  • Reporting process reviews
  • Control assessments
  • Governance support
  • Financial reporting assistance
  • Audit readiness preparation

Our approach combines financial reporting discipline with practical understanding of digital asset operational risks.

Why business trust us

Digital asset businesses often come to us after dealing with firms that either:

  • do not understand blockchain operations operationally,
  • or approach the industry with zero professional scepticism.

Both create problems.

We understand that crypto businesses operate under:

  • constant regulatory uncertainty,
  • rapid operational changes,
  • fragmented systems,
  • evolving custody structures,
  • and increased scrutiny from investors and counterparties.

At the same time, we are direct about the risks:

  • weak wallet controls,
  • undocumented governance,
  • incomplete reserve visibility,
  • exchange dependency,
  • related-party exposure,
  • and poor reconciliation processes.

We focus on helping businesses build reporting credibility in an industry where confidence can disappear overnight.

Clients value:

  • Partner accessibility
  • Clear communication
  • Commercial understanding of blockchain operations
  • Practical control-focused thinking
  • Fast responsiveness during critical reporting periods
  • Clear identification of operational risk areas
  • Straightforward explanations without unnecessary jargon

Who we work with

  • Turks & Caicos Islands digital asset businesses
  • UK crypto businesses
  • Blockchain startups
  • Digital asset exchanges
  • Fintech businesses
  • Web3 businesses
  • Crypto investment groups
  • Digital asset custodians
  • Stablecoin projects
  • Token issuers
  • Multi-jurisdiction crypto groups
  • PE-backed fintech businesses
  • Regulated digital asset businesses
  • Venture-backed technology businesses
  • Blockchain infrastructure providers
  • Crypto treasury operations
  • Digital payment businesses
  • DAO-related structures
  • Emerging fintech groups
  • Businesses preparing for external assurance

Common challenges we help solve

  • Investors questioning reserve transparency
  • Weak wallet governance controls
  • Incomplete reconciliation between wallets and records
  • Poor segregation of duties around digital assets
  • Reliance on undocumented manual processes
  • Lack of audit trail across blockchain transactions
  • Multiple exchanges creating fragmented reporting
  • Difficulty proving ownership and control of wallets
  • Finance teams unable to reconcile blockchain activity efficiently
  • Operational dependence on founders without formal controls
  • Regulatory scrutiny increasing faster than internal controls
  • Governance processes failing to scale with growth
  • Proof of reserves processes lacking credibility
  • Poor communication between finance and technical teams
  • Unclear responsibilities around custody arrangements
  • Reporting inconsistencies across platforms
  • Weak documentation supporting asset balances
  • Exchange collapses impacting operational confidence
  • Counterparty risk visibility issues
  • Businesses growing faster than internal controls can support

Speak with our specialists

Direct access to senior professionals, no layers, no delays. Reach out to the team that will actually lead your engagement.

Alex Koretskyi

Head of TCI and International Practice

Ryan Blain

TCI Partner

Prefer a quick start?

If you’re not sure whom to contact, simply complete the form - we’ll connect you with the right specialist within one business day.

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