Celsius

2024

Standard

Onigiri

Partner

New York, New York, USA, October 29th, 2025, Chainwire 
<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.accountable.capital/">Accountable</a>, the new standard for real-time financial verification, today announced it has raised $7.5 million in a round led by <a target="_blank" rel="noopener noreferrer nofollow" href="https://panteracapital.com/">Pantera Capital</a>, with participation from<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.okx.com/en-us/ventures"> OKX Ventures</a>, <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.onigiri.vc/">Onigiri Capital</a>, <a target="_blank" rel="noopener noreferrer nofollow" href="https://kpk.io/karpatkey-closes-7-million-funding-round/">KPK</a>, and <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.auros.global/">Auros</a>, among others.&nbsp;
The funding will be used to expand the team to meet growing institutional demand, accelerate development of the company’s Data Verification Network (DVN) and support the rollout of institutional products such as advanced Proof of Reserves and Vault-as-a-Service.
Onchain borrowing has climbed to <a target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/ZackPokorny_/status/1963956280537526763">over $41 billion this year</a>, according to Galaxy Research, underscoring how quickly lending volumes are scaling. But the recent USDe depeg highlighted the structural risk behind that growth: markets still lack real-time visibility into solvency. When collateral values swing or liquidity fragments, most systems rely on delayed audits and self-reported data. Those assumptions fail under stress. Accountable closes this gap with an advanced form of Proof of Reserves framework that verifies assets and liabilities in real time without exposing private strategies or API keys.
<blockquote>
 “Every major failure in crypto finance from Celsius to FTX shared one flaw: no way to verify solvency in real time. Recent market turbulence underscored the same point. Proof-of-Reserves is a strong start but institutions need full visibility into both assets and liabilities. Accountable has built that missing layer. Less than two years in, it’s already verifying over billion dollars in assets. We believe it will become the standard that institutions adopt as naturally as HTTPS became standard for the internet,” said Nihal Maunder, Partner at Pantera Capital.
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<blockquote>
 “The black-box era is over. From now on, capital will move on proof, not promises. With this funding, we’re scaling the engineering and partnerships needed to make continuous verification a default in markets from tokenized treasuries to trading strategies and to advance our Proof of Reserves framework that verifies solvency in real time. That’s how we turn transparency into the new standard for global finance,” said Wojtek Pawlowski, Co-founder &amp; CEO, Accountable.
</blockquote>
In just two years since launch, DVN has verified over $1 billion in assets with clients and partners including Galaxy, Amber Group, K3 Capital and other financial institutions. The company is expanding integrations into structured credit strategies, stablecoins and onchain treasuries, and is working with fund administrators to embed continuous verification into their workflows. Volumes are expected to scale rapidly as real-time verification becomes a standard requirement across institutional markets.
<blockquote>
 “We see Accountable as pioneering the future of how financials are verified in real-time. This capability has growing relevance not only for blockchain-native companies, but also incumbents who want trustworthy verification instantly. Accountable’s approach brings the benefits of blockchain into financial services, setting the foundation for greater institutional adoption,” said Qin En Looi, Managing Partner, Onigiri Capital.
</blockquote>
<blockquote>
 Dora Yue, Founder, OKX Ventures added: “At OKX Ventures, we invest in infrastructure that makes institutional adoption possible at scale. What stands out with Accountable is not only the technology but how it translates into practical systems like advanced Proof of Reserves framework and Vault-as-a-Service. That combination turns verification from a compliance box into a driver of capital efficiency, a building block for under-collateralized lending, tokenized credit and the broader integration of real-world assets onchain.”
</blockquote>
The raise follows Accountable’s <a target="_blank" rel="noopener noreferrer nofollow" href="https://accountabledata.substack.com/p/accountable-secures-23m-funding-to">$2.3 million seed round in 2024</a> and comes shortly after the company launched the <a target="_blank" rel="noopener noreferrer nofollow" href="https://accountabledata.substack.com/p/yieldapp-testnet-is-live">YieldApp testnet in September 2025</a>. Built on top of Accountable's DVN, <a target="_blank" rel="noopener noreferrer nofollow" href="https://yield.accountable.capital/">YieldApp</a> is the first marketplace for verifiable yield, surfacing opportunities from borrowers, trading desks and structured credit providers. The company is planning its mainnet launch for Q4 2025, setting the stage to capture a multi-billion-dollar market where every yield opportunity is verifiable by default.&nbsp;
About Accountable
Accountable is the new standard for real-time financial verification that allows institutions to prove assets and liabilities privately. Built for both traditional and crypto-native markets, the platform enables counterparties to demonstrate financial health without exposing sensitive details like API keys, wallet addresses or trading strategies. At its core is the Data Verification Network (DVN), a privacy-preserving system that powers real-time proof of both onchain and offchain activity. On top of DVN, Accountable offers Vault-as-a-Service, a framework for structuring and managing capital onchain, and the YieldApp, the first marketplace built on DVN, surfacing verifiable yield opportunities. Users can learn more at <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.accountable.capital/">https://www.accountable.capital/</a>
About About Pantera Capital Management LP
Pantera Capital is the first institutional investment firm focused exclusively on bitcoin, other digital currencies, and companies in the blockchain tech ecosystem. Pantera launched the first cryptocurrency fund in the United States when bitcoin was at $65 /BTC in 2013. The firm subsequently launched the first exclusively blockchain venture fund. In 2017, Pantera was the first firm to offer an early-stage token fund. <a target="_blank" rel="noopener noreferrer nofollow" href="https://panteracapital.com/blockchain-letter/the-great-onchain-migration/">Pantera Bitcoin Fund</a> has returned 153,159% in twelve years and has returned billions to its investors. Pantera manages $5.2bn across three strategies – passive, hedge, and venture – exclusively focused on bitcoin, other digital currencies, and companies in the blockchain tech ecosystem.
Demonstrating leadership in the Digital Asset Token (DAT) space, Pantera has invested in the first U.S. DATs (DFDV, CEP) and committed over $300 million to DAT investments, making it one of the most active investors in this area. The firm's early and exclusive focus on blockchain has established significant credibility on Wall Street and among mainstream investors, bridging traditional finance with the emerging digital asset sector. Pantera's largest active investment is in Solana, underscoring its strong, long-term conviction in the potential of this blockchain ecosystem.
About OKX Ventures&nbsp;
OKX Ventures is the investment arm of global leading crypto exchange and Web3 technology company OKX. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value. Through its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects. Users can find out more about OKX Ventures here: <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.okx.com/ventures">https://www.okx.com/ventures</a>. To learn more about OKX: <a target="_blank" rel="noopener noreferrer nofollow">okx.com</a>.&nbsp;
About Onigiri Capital
Onigiri Capital is a venture capital fund launched by Saison Capital, the corporate venture arm of Japan’s Credit Saison. Onigiri is on a mission to support innovation to chart the next chapter of finance through facilitating trust, scale, and adoption for blockchain technology. The fund leverages its Asian institutional heritage to fund, advise, and empower blockchain founders who are unlocking real-world, global financial products and utility across stablecoins, payments, tokenized assets, DeFi, and financial markets infrastructure. More information can be found here: <a target="_blank" rel="noopener noreferrer nofollow">onigiri.vc</a>&nbsp; 
<h5>Contact</h5>Head of Marketing Victoria Krapivina Accountable victoria@accountable.capital 
Disclaimer. This is a paid press release. CoinMarketCap does not recommend that any cryptocurrency (bitcoin, ethereum, custom asset) should be bought, sold or held. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

Accountable Raises $7.5M Led by Pantera Capital to Set New Standard for Real-Time Financial Verification (3 Nov)

Chainwire

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