Upshift integrates Securitize Fund Services for institutional-grade third-party reporting and audits on onchain vaults.
Tech & Launches ·
Upshift has partnered with Securitize Fund Services to integrate third-party reporting and audits for its onchain vaults, according to The Block. The collaboration marks what has been characterized as the first institutional-grade fund administration integration within decentralized finance.
Securitize Fund Services will provide independent auditing and performance reporting for Upshift's vaults, bringing compliance and transparency infrastructure typically associated with traditional finance into the onchain space. The arrangement aims to add institutional-credibility layers to vault operations through third-party oversight and standardized reporting.
The specifics of how Securitize's services will operate within Upshift's technical architecture, the scope of vaults covered under the partnership, and any financial terms remain unclear from available disclosures.