Institutional guardrails at every layer.
Strata is engineered to the standards of a regulated financial institution. Independent auditors verify the code, qualified custodians hold the assets, and a bankruptcy-remote structure protects claimants. This page summarizes those controls; the underlying reports are linked in full.
Reviewed by the firms that review the industry.
| Firm | Scope | Date | Findings | Report |
|---|---|---|---|---|
| Trail of Bits | Core protocol · v2.0 | Apr 2026 | 0 critical · 0 high | |
| OpenZeppelin | Access control & upgrade module | Feb 2026 | 0 critical · 1 high (resolved) | |
| Spearbit | Vault accounting & redemption | Nov 2025 | 0 critical · 0 high | |
| Certora | Formal verification · invariants | Sep 2025 | 12 invariants proven |
All findings above medium severity are remediated prior to production deployment. Contract source is verified on-chain and reproducible from tagged commits in the public repository.
Assets held by the same institutions that safeguard traditional funds.
Segregated, bankruptcy-remote SPV accounts
Qualified custodians, cold-storage majority
SEC-registered · CRD #327891
Daily reserve attestation, monthly SOC report
Delaware series-trust structure
Crime & specie coverage up to $500M
Every line reconciled, every day.
Reserves are published daily as an on-chain proof and a downloadable attestation from Ernst & Young. Reconciliation between the trust ledger and on-chain supply runs every block. Historical attestations are permanently archived on IPFS.
Bug bounty · up to $1,000,000
Strata runs a live bug bounty program on Immunefi. Critical findings in production contracts qualify for rewards up to $1,000,000 USDC. Responsible disclosure is expected; safe-harbor terms apply.
Submit a reportStrata Asset Management, LLC is an investment advisor registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. Tokenized instruments involve risk, including loss of principal. Availability may be restricted in certain jurisdictions. See the Risk Framework for a full description of material risks.