Falcon Finance Appoints ht.digital to Build Onchain Transparency and Reporting Infrastructure

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 (https://app.falcon.finance/transparency) 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.