Chronicle Labs report: 70% of tokenized assets lack full backing proof

A new report from Chronicle Labs, the oracle-based verification protocol, finds that 70% of tokenized assets cannot fully prove what is backing them — pointing to a transparency gap in real-world asset tokenization. The report argues that in many tokenized products the entity holding the assets is also the one reporting what it holds, leaving investors to rely on single-sourced custody data rather than independent verification.

• Founder discussions with CoinDesk focused on what it would take for institutions to accept onchain evidence of reserves and custody balances.
• The finding lands as banks and asset managers push more funds, bonds and commodities onto blockchains, where investors can see the token but not always the asset behind it.

Chronicle positions independent, onchain proof-of-asset verification as the fix — a separate view of custody balances that issuers can check against their own records.