Reserves
Every token, and
the share behind it.
One share in custody for every token in circulation. Not a policy, a number — recomputed every hour, published whatever it says.
1.0000
shares held in custody for every token in circulation
checking…
Ninety days of checksone square a day, twenty-four checks each
The register
Line by line.
Aggregates hide things. Every instrument is listed on its own, with what is held against what is issued.
| Tokenized shares | In custody | In circulation | Ratio | Status |
|---|---|---|---|---|
| bTLVBanca Transilvania | 1,284,300 | 1,284,300 | 1.0000 | Matched |
| bH2OHidroelectrica | 96,450 | 96,450 | 1.0000 | Matched |
| bSNPOMV Petrom | 14,820,000 | 14,820,000 | 1.0000 | Matched |
| bSNGRomgaz | 210,600 | 210,600 | 1.0000 | Matched |
| bDIGIDigi Communications | 48,900 | 48,900 | 1.0000 | Matched |
| bELElectrica | 132,400 | 132,400 | 1.0000 | Matched |
| bSNNNuclearelectrica | 61,750 | 61,750 | 1.0000 | Matched |
| Stablecoins | Reserve held | In circulation | Ratio | Status |
|---|---|---|---|---|
| BYT-RONRomanian leu | 4,180,000.00 RON | 4,180,000.00 RON | 1.0000 | Matched |
| BYT-EUREuro | 512,400.00 EUR | 512,400.00 EUR | 1.0000 | Matched |
| BYT-USDUS dollar | 268,900.00 USD | 268,900.00 USD | 1.0000 | Matched |
Figures on this page are illustrative for this demonstration build. Nothing has been issued and no custody account holds these positions.
How much of this can you check yourself
Half of it, and we will
tell you which half.
Every proof-of-reserve scheme has the same seam: one side is a public ledger anyone can read, the other is a statement about the physical world. Anybody claiming otherwise is selling you something.
Trustless
What is in circulation
Token supply lives on a public network. You do not need our word for it, our website, or our continued existence — query the chain yourself and you get the same number this page shows.
bTLV mint · 7xKXtg2CW3F1a9pQ2mNvD4rLsE6hYbUq8ZcRfKjWnT3v
Attested
What is in custody
Shares sit in a segregated client account at a licensed European depositary. That is a fact about the world, so it reaches you as a statement — the depositary's, reconciled hourly against the chain and signed periodically by an independent auditor.
The gap
Why this is still worth reading
Attestation is weaker than arithmetic, and we will not pretend otherwise. What narrows it is that the account is segregated and off our balance sheet, the reconciliation is hourly rather than quarterly, and every check is published whether it matches or not.
Definitions
What the words mean.
Reserve pages fail on definitions more often than on numbers.
In circulation
Every token that exists and is held by someone other than the issuer. Tokens minted but not yet distributed are excluded, and so are tokens queued for burning.
In custody
Ordinary shares registered to a segregated client account at the depositary. Not shares borrowed, not shares pledged, not shares on their way.
Matched
The two numbers are equal to the share. A ratio below 1.0000 for any instrument would show here in red, and would stay on the ninety-day strip permanently.
Check before you trust.
bytblock is a working demonstration. Join the list and we will bring you in market by market, starting with the Bucharest blue chips.
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