In a significant move toward greater transparency in the digital asset space, Crowe Horwath First Trust LLP — the Singapore member firm of Crowe Global, one of the world’s top accounting networks — has completed an independent verification of cryptocurrency assets held by Hodlnaut, a leading Singapore-based crypto interest platform.
The audit verified Hodlnaut’s ownership of digital assets totaling $106,071,264.87 as of January 5, 2021. This independent review marks a critical milestone in Hodlnaut’s ongoing commitment to regulatory compliance and user trust, particularly as the crypto industry faces increasing scrutiny over asset transparency and financial accountability.
Strengthening Trust Through Independent Verification
Transparency is no longer optional in the cryptocurrency ecosystem — it’s a necessity. With high-profile collapses and liquidity issues affecting several platforms in recent years, users are demanding clear, third-party validation of asset reserves.
👉 Discover how trusted financial verification is shaping the future of crypto platforms.
Hodlnaut’s decision to engage Crowe Global Singapore reflects this shift. As a licensed Standard Payment Institution under Singapore’s Payment Services Act (PSA), Hodlnaut is required to uphold strict regulatory standards, including operational transparency and robust risk management.
Julian Hosp, CEO and co-founder of Hodlnaut, emphasized the importance of this verification:
“This independent check allows us to provide regular transparency into the assets we manage. It’s the first step toward full external audits — a requirement under the PSA framework set by the Monetary Authority of Singapore (MAS). Our goal is to build long-term trust with our users through accountability and compliance.”
This verification not only satisfies regulatory expectations but also reassures investors that their deposited crypto assets are accounted for and properly managed.
Expanding Services to Empower Global Investors
Beyond compliance, Hodlnaut continues to enhance its platform to serve a growing international user base. In recent months, the company has introduced key upgrades designed to improve accessibility and yield potential:
- Addition of new asset classes: Ethereum (ETH) and DAI have been integrated into the interest program, giving users more options to earn passive income.
- VIP Fixed Interest Program: A new tiered offering provides higher interest rates for long-term deposits, rewarding user loyalty.
- No minimum deposit requirements: Both direct and referral deposits now have zero minimums, lowering the barrier to entry for retail investors worldwide.
These changes reflect Hodlnaut’s mission: to make cryptocurrency investing simple, secure, and rewarding for everyday users.
👉 Learn how easy it is to start earning interest on your crypto holdings today.
About Crowe Global Singapore
Crowe Horwath First Trust LLP is the sole Singapore member of Crowe Global, an international network ranked among the top eight accounting firms worldwide. With a strong reputation built on integrity and technical excellence, the firm serves a diverse clientele, including public companies, multinational corporations, and financial institutions.
The firm leverages deep expertise in audit, tax, and advisory services while expanding into specialized areas such as:
- Digital asset consulting
- Fund administration
- Private wealth solutions
In the blockchain and fintech space, Crowe Singapore has established itself as a go-to advisor for token issuers, decentralized finance (DeFi) projects, and blockchain startups seeking to scale responsibly. The firm also plays a pivotal role in supporting Singapore’s ambition to become a global hub for asset management — acting as one of only two local providers offering licensed fund management services tailored to emerging digital businesses.
About Hodlnaut: Empowering Crypto Investors Since 2019
Founded in April 2019 by Julian Hosp and Simon Liu — both self-described Bitcoin maximalists — Hodlnaut emerged with a clear vision: to help individuals generate returns from their idle crypto assets.
The platform operates on a straightforward model:
- Users deposit cryptocurrencies into interest-bearing accounts.
- Hodlnaut lends these assets to vetted margin traders.
- In return, depositors earn competitive interest rates — paid out in crypto.
Unlike many centralized finance (CeFi) platforms that rely on opaque lending practices, Hodlnaut emphasizes clarity, security, and regulatory alignment. It is recognized by Singapore’s Infocomm Media Development Authority (IMDA) as a legitimate blockchain technology company.
The platform has also attracted backing from prominent regional investors and institutions, including:
- Three Arrows Capital (prior to its insolvency)
- Sparrow Capital
- Singapore Management University
- Antler, a global venture capital firm focused on early-stage startups
- 8 Decimal Capital
Such support underscores Hodlnaut’s credibility within the Asian fintech ecosystem and highlights investor confidence in its long-term viability.
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These terms reflect common queries from users researching trustworthy crypto lending platforms, audit practices, and compliance frameworks in regulated markets like Singapore.
Frequently Asked Questions (FAQ)
Q: What is the purpose of an independent asset verification in crypto?
A: It confirms that a platform actually holds the digital assets it claims to manage. This builds trust with users and meets regulatory requirements for transparency.
Q: Is Hodlnaut regulated in Singapore?
A: Yes. Hodlnaut operates under a Standard Payment Institution license granted under Singapore’s Payment Services Act (PSA), which mandates compliance with anti-money laundering (AML) and financial reporting rules.
Q: How does Hodlnaut generate returns for users?
A: By lending user-deposited crypto assets to qualified margin traders. In exchange, these borrowers pay interest, a portion of which is passed on to depositors.
Q: Can anyone use Hodlnaut’s interest program?
A: Yes. There are no minimum deposit requirements, making it accessible to both small and large investors globally.
Q: Why is third-party verification important for crypto platforms?
A: Because it reduces the risk of fraud or mismanagement. Independent audits act as a safeguard against insolvency and increase overall market confidence.
Q: Does Hodlnaut offer interest on stablecoins like DAI?
A: Yes. DAI is one of the supported assets in Hodlnaut’s interest program, allowing users to earn yield on this popular Ethereum-based stablecoin.
Final Thoughts
As the cryptocurrency industry matures, platforms that prioritize transparency, regulation, and user empowerment will stand out. Hodlnaut’s collaboration with Crowe Global Singapore sets a strong precedent for responsible growth in the CeFi space.
By combining independent verification, regulatory compliance, and user-friendly features like zero minimum deposits and expanded asset support, Hodlnaut is positioning itself as a trusted name in the global crypto economy.
👉 See how you can start growing your crypto assets securely and transparently.
With increasing demand for audited, reliable yield-generating services, initiatives like this signal a brighter, more accountable future for decentralized finance.