Bullish

Reality Partners with The Network Firm for Daily US Stock Token Audits

2026-08-05 16:04

Bitget's Reality platform upgrades partnership to implement daily AICPA-compliant Proof of Reserves audits for rToken, enhancing transparency for its $100M+ US stock tokenization suite.

Woofun AI reports that Reality, the licensed RWA issuance platform under Bitget, has deepened its partnership with U.S. auditing firm The Network Firm. Under the new agreement, The Network Firm will issue daily Proof of Reserves (PoR) audit reports for Reality's U.S. stock token rToken, adhering to attestation standards set by the American Institute of Certified Public Accountants (AICPA). This process verifies that each issued rToken matches underlying stocks or ETFs held in custody accounts managed by Alpaca Securities LLC, a FINRA-registered broker with SIPC protection. This arrangement establishes a transparent tripartite structure covering issuance, verification, and custody. Reality's rToken currently supports 634 tokenized stocks and ETFs, integrated into the Bitget ecosystem for margin and staking lending. Data indicates that Bitget's stock token rToken exceeded $100 million in assets under management within one month of launch.

WOOFUN AI

Impact Assessment · Quick Read

Implementing daily AICPA-compliant audits significantly raises the compliance bar for RWA platforms, directly addressing investor concerns regarding asset backing and transparency. By formalizing a tripartite structure with established custodians and auditors, Reality aims to reduce counterparty risk and potentially attract institutional capital to its tokenized equity products. This move may set a new industry standard for verification frequency, pressuring competitors to adopt similar rigorous reporting mechanisms to maintain trust.
Generated by WOOFUN AI · For reference only, not investment advice

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