1. Introduction

Introduction

The crypto ecosystem, in its path toward mass adoption, has been hindered by the lack of transparency regarding the reserves backing the assets held by centralized exchanges (CEXs), DeFi protocols, stablecoin issuers, and institutional custodians. Incidents like Mt. Gox, QuadrigaCX, and FTX have demonstrated the catastrophic consequences of operating without verifiable guarantees.

Know Your Funds is a technical auditing and monitoring tool that enables any user

—retail, business, or institutional—to access verifiable data, both on-chain and off- chain, about the state of reserves of crypto projects. Our mission is to deliver an automated, objective, and accessible transparency layer.