Attestations of TrueCurrency Funds — Examined February 28, 2020
TrueCurrencies: 3rd Party Verified, Fully Collateralized Stablecoins
Cohen & Company has published their latest independent attestation of the bank accounts holding the collateral for all TrueCurrency (TUSD, TGBP, TCAD, TAUD, and THKD) tokens in circulation.
View the full TrueUSD attestation from February 28, 2020
TrueUSD accounts were examined on February 28, 2020 and contained the following balances:
Balance of Escrow Accounts: $143,883,569
Balance of TUSD tokens issued and in circulation: TUSD 142,582,222
View the full attestation from February 28, 2020
TrueGBP accounts were examined on February 28, 2020 and contained the following balances:
Balance of Escrow Accounts: £ 1,328,346
Balance of TGBP tokens issued and in circulation: TGBP 1,328,346
View the full attestation from February 28, 2020
TrueCAD accounts were examined on February 28, 2020 and contained the following balances:
Balance of Escrow Accounts: CAD $55,176
Balance of TCAD tokens issued and in circulation: TCAD 55,077
View the full attestation from February 28, 2020
TrueAUD accounts were examined on February 28, 2020 and contained the following balances:
Balance of Escrow Accounts: AUD $245,492
Balance of TAUD tokens issued and in circulation: TAUD 245,492
View the full TrueHKD attestation from February 28, 2020
TrueHKD accounts were examined on February 28, 2020 and contained the following balances:
Balance of Escrow Accounts: HKD $984,571
Balance of THKD tokens issued and in circulation: THKD 984,571
Note: As part of TrustToken’s commitment to compliance, we want to make clear the nature of our relationship with Cohen & Company, an independent third-party U.S. certified public accounting (CPA) firm. As a regulated entity, Cohen & Company provides third-party examinations of the collateralized funds held in escrow to back all TrueCurrency in circulation. Cohen & Company is not the parent company of, nor has any financial interest in, TrustToken, Inc. or any of its affiliates. The results of Cohen & Company’s examinations are published in monthly attestation reports.
Thanks to Cohen & Co for their diligence in performing this attestation.
Each day, more funds arrive from our users who have applied on the TrueCurrency website. Cohen & Co will continue to perform independent attestations of the TrueCurrency funds.
TrueCurrencies are the first asset-backed tokens created on the TrustToken platform. We set out to build fully collateralized fiat-backed stablecoins that the community would use and trust. These attestations with Cohen & Company are another step towards that goal.
If you’re excited about TrustToken’s TrueCurrency products and believe you could make outsized contributions to the key areas of responsibility at our growing company, please view our open positions.
List of All Attestations
You can view all the attestations that have been published since the launch of each TrueCurrency here.
Visit our app to purchase TrueCurrencies today, or learn more about TrueCurrencies on our website.