Introducing Chronicle Proof of Asset
Definition
Chronicle Proof of Asset verifies the underlying assets and holdings-level data of tokenized funds, expanding their utility and distribution while enabling automated risk management for markets and allocators.
Since its inception, Chronicle has focused on building verifiable data infrastructure. When we turned our attention to tokenized assets in late 2023, the goal was clear: to give institutions, funds, and risk curators the ability to verify not only reserve balances but the full structure, composition, and valuation of the assets they depend on.
This mission has now evolved into Chronicle Proof of Asset, an advancement purpose-built for the complexity of modern onchain markets. Proof of Asset delivers verified, holdings-level data that enables automated risk management and greater utility for tokenized assets. In an era where capital moves continuously across chains, protocols, and funds, Chronicle provides the trusted data foundation that enables institutions and protocols to innovate securely and bring more dynamic financial products onchain.
Beyond Reserves: Holdings-Level Transparency
As the digital asset ecosystem expands from fiat-backed stablecoins to public and private credit, and equities, the critical question remains: What actually backs these tokens, and how can anyone verify it?
Chronicle Proof of Asset extends risk management beyond traditional reserve verification. It connects directly to custodians to deliver verified, source-level data on the underlying assets and valuation of any tokenized fund. For asset managers and issuers, this enhances the utility and distribution of tokenized assets. For lending markets and capital allocators, it enables automated, data-driven risk management and yield optimization.
Powered by Chronicle’s oracle infrastructure, Proof of Asset independently verifies:
- Reserves: Are issued tokens fully backed by underlying assets?
- Composition: What assets make up the fund portfolio?
- Characteristics: What is the AUM, NAV, yield and liquidity profile of the fund?
The holdings that make up tokenized assets are not crypto-native. Chronicle serves as the credibly neutral partner that independently verifies each component of those holdings, ensuring that institutions and protocols can trust the integrity of the data powering onchain markets.
"Tokenization is only the first step. Trillions in financial assets are moving unchain but without verifiable data they remain inert. Chronicle Proof of Asset bridges that gap, transforming tokenized assets into composable, data-rich primitives that can seamlessly connect to onchain capital markets. For institutions this expands the utility and distribution of their tokenized products. For DeFi protocols, it enables secure integration through real-time automated risk controls and to create new structured products. Meanwhile, users unlock access to new sources of yield."
- Niklas Kunkel, Founder, Chronicle
Proof of Asset in Tokenized Markets
Verifiable holdings-level asset data is critical for unlocking new onchain utility and distribution for tokenized assets. Proof of Asset addresses this need by enabling:
- Funds and issuers to publish independent verified holdings, NAV, and yield data.
- DeFi protocols to integrate tokenized assets and perform real-time automated risk management.
- Capital allocators to execute leveraged yield strategies.
- Institutions, protocols and investors to monitor the integrity and risk profile of positions in real-time.
For capital allocators, Proof of Asset provides the clarity needed for continuous risk monitoring and confident capital deployment. It also acts as a live risk signal for protocols and investors by surfacing verified metrics such as reserves, holdings composition, valuation, and yield in real time.
Chronicle’s Proven Foundation
Chronicle powers the oracle infrastructure that has secured billions in onchain value since 2017. Proof of Asset builds on this foundation, applying Chronicle’s proven technology and operational track record to one of the most critical questions in tokenized finance: What truly backs tokenized assets?
Chronicle Proof of Asset represents the next evolution of verifiable, institution-grade data. It enables risk managers, institutions, and builders to validate asset data in real time and interact with onchain products that respond dynamically to verified information. As markets become increasingly autonomous, this data infrastructure provides the trust, risk visibility, and reliability that underpin the future of onchain finance.
Learn more:
