Dubai, UAE, June 10th, 2025, Chainwire

Falcon Finance is pleased to announce its collaboration with ht.digital to deliver independent Proof of Reserves (PoR) attestations. Through this partnership, Falcon Finance’s reserve data will undergo rigorous verification processes, ensuring that users and institutional partners can verify the integrity of assets backing USDf with confidence. The Transparency Dashboard will be updated daily, reflecting real-time reserve balances and providing a reliable source of truth.

Falcon Finance’s engineering team has worked hand in hand with ht.digital’s audit professionals to integrate robust data feeds and verification logic into our PoR framework. ht.digital’s auditors have conducted a detailed review of our processes and key controls.

Moving forward, ht.digital will also issue Quarterly Attestation Reports that detail the status of Falcon Finance’s reserves. These reports will provide an additional layer of independent oversight and will be made available alongside our Transparency Dashboard. In each report, ht.digital will offer succinct findings on reserve sufficiency, data integrity, and adherence to defined control environments. This recurring attestation schedule underscores our commitment to accountability and ongoing transparency.

“Transparency is not a marketing layer—it is protocol infrastructure. Working with ht.digital  allows us to bring audit-grade reporting directly onchain, in a format that institutions and users alike can trust. This is core to our synthetic dollar thesis: yield and DeFi composability must rest on verifiable collateral,” said Andrei Grachev, Managing Partner at Falcon Finance.

“Our development team has collaborated closely with Falcon Finance to ensure their PoR application produces results based on a robust and appropriate logic. In parallel, our audit team is providing limited assurance over key controls implemented byFalcon Finance and we will be issuing subsequent quarterly attestation reports covering the reserves backing USDf.” - Nicholas Newman, CEO at ht.digital.

The partnership marks a broader trend of synthetic dollar issuers and DeFi protocols aligning with regulated service providers to meet emerging standards for disclosure, governance, and institutional access. 

Falcon’s integration of structured reporting tools reflects its ongoing commitment to regulatory readiness and operational excellence.

About Falcon Finance

Falcon Finance is a next-generation synthetic dollar protocol. USDf is an overcollateralized synthetic dollar backed by diversified crypto assets, built for sustainable yield. Preserving users’ multi-assets with industry competitive yields across any market conditions, it sets a new standard in the industry, along with transparency, security, and institutional-grade risk management. Learn more: https://falcon.finance/

About ht.digital

ht.digital is the leading professional services firm onchain, helping founders, finance teams and foundations escape the intangible. Headquartered in London, with a new Cayman office, they have a global presence supporting nearly 600 organisations across the digital asset ecosystem, from auditing centralised exchanges and market makers, to operating foundations and performing proof of reserves attestations for stablecoin issuers.

Disclaimer. This is a paid press release.