Attestations of TrueCurrency Funds — Examined August 29, 2019
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 August 29, 2019
TrueUSD accounts were examined on August 29, 2019 and contained the following balances:
Balance of Escrow Accounts: $196,985,143
Balance of TUSD tokens issued and in circulation: TUSD 196,069,425
View the full attestation from August 29, 2019
TrueGBP accounts were examined on August 29, 2019 and contained the following balances:
Balance of Escrow Accounts: £ 1,080,021
Balance of TGBP tokens issued and in circulation: TGBP 1,080,021
View the full attestation from August 29, 2019
TrueCAD accounts were examined on August 29, 2019 and contained the following balances:
Balance of Escrow Accounts: CAD $11,587
Balance of TCAD tokens issued and in circulation: TCAD 11,587
View the full attestation from August 29, 2019
TrueAUD accounts were examined on August 29, 2019 and contained the following balances:
Balance of Escrow Accounts: AUD $11,460
Balance of TAUD tokens issued and in circulation: TAUD 10,500
View the full TrueHKD attestation from August 29, 2019
TrueHKD accounts were examined on August 29, 2019 and contained the following balances:
Balance of Escrow Accounts: HKD $44,581
Balance of THKD tokens issued and in circulation: THKD 44,581
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.
