In a significant financial development, Accountable, a company pioneering real-time financial verification, has successfully secured $7.5 million in a funding round led by Pantera Capital. This round also saw participation from notable entities such as OKX Ventures, Onigiri Capital, KPK, and Auros, among others. The funds raised will primarily be allocated towards expanding the team to handle rising institutional interest, enhancing the company’s Data Verification Network (DVN), and facilitating the rollout of institutional products, which include advanced Proof of Reserves and Vault-as-a-Service.
The landscape of onchain borrowing has witnessed a remarkable growth, exceeding $41 billion this year, as reported by Galaxy Research. Despite this surge, the market recently faced turmoil, notably with the USDe depeg incident, which exposed significant structural risks due to a lack of real-time visibility into solvency. Existing systems often depend on delayed audits and self-reported data, assuming stability in volatile conditions—a reliance that has proven inadequate in times of market stress.
Accountable aims to address this vulnerability by offering an advanced Proof of Reserves framework that enables real-time verification of both assets and liabilities without compromising private strategies or API keys. Nihal Maunder, a partner at Pantera Capital, emphasized that every major failure in crypto finance, including those at Celsius and FTX, shared a critical flaw: the inability to verify solvency in real-time. He noted, “Proof-of-Reserves is a strong start, but institutions need full visibility.” Accountable has thus developed a solution that he believes will become the standard for institutions, akin to how HTTPS established itself on the internet.
Wojtek Pawlowski, co-founder and CEO of Accountable, reinforced the idea that the era of ‘black-box’ financial practices is coming to an end. He stated that proof, not mere promises, would now facilitate capital movement. With this latest funding, Pawlowski highlighted plans to enhance engineering and partnerships necessary for making continuous verification commonplace in various markets, including tokenized treasuries and sophisticated trading strategies.
In less than two years since its inception, the DVN has already verified assets exceeding $1 billion, partnering with clients such as Galaxy and Amber Group. The company’s growth plans include further integrations into structured credit strategies and stablecoins, with a focus on embedding continuous verification into the workflows of fund administrators. As the demand for real-time verification rises, Accountable anticipates rapid volume increases as this capability becomes essential across institutional markets.
Qin En Looi, managing partner at Onigiri Capital, noted that Accountable is at the forefront of transforming how financial verifications are conducted in real-time, catering not only to blockchain-native enterprises but also to traditional firms seeking instant, trustworthy validation. Dora Yue, founder of OKX Ventures, echoed this sentiment, stating that Accountable’s technology is not only innovative but translates into practical systems that enhance capital efficiency and support the broader integration of real-world assets on the blockchain.
This funding round follows a $2.3 million seed round raised by Accountable in 2024, coming shortly after the launch of the YieldApp testnet in September 2025. YieldApp, constructed atop the DVN, represents a pioneering marketplace for verifiable yield, connecting borrowers, trading desks, and structured credit providers. The company is gearing up for a mainnet launch in the fourth quarter of 2025, positioning itself to tap into a multi-billion-dollar market where every yield opportunity is guaranteed to be verifiable.
Accountable operates with the mission of setting a new standard for real-time financial verification, enabling institutions to prove their assets and liabilities privately. The DVN, its core feature, is designed to power real-time proofs of both onchain and offchain activity while preserving privacy. Additionally, the company offers Vault-as-a-Service and the YieldApp marketplace, creating a robust ecosystem for verifiable yield opportunities.
