Announcement

AFI Confirms $600M in Verified Reserves on Multipli

Overview

AFI has confirmed $600M in verified reserves on Multipli. Against these reserves, a $150M minting allowance has been enabled for rwaUSDi, establishing a clear and enforceable issuance framework. This represents Proof of Reserves in active operation, where minting is strictly constrained by verified backing, ensuring transparency, discipline, and capital-grade safeguards across the system.

Key Features

  • $600M in Verified Reserves: Confirmed reserves on Multipli ensuring solid backing.
  • $150M Minting Allowance: Enabling controlled issuance of rwaUSDi backed by verified reserves.
  • Proof of Reserves: Active and enforceable framework ensuring transparency and security.
  • Capital-Grade Safeguards: Built-in safeguards maintaining financial discipline and stability.

Why It Matters

This development reinforces AFI’s commitment to transparency and security in the DeFi space. The Minting Allowance and Proof of Reserve system ensure that minting is fully backed by real assets, eliminating trust-based assumptions and safeguarding capital.

Additional Links

  • Original Update on X (Twitter): Link
  • View Multipli's Proof of Reserves Dashboard: Link
Download the Report PDF here
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