Upshift partners Securitize for onchain vault reporting

Onchain vault provider Upshift has partnered with Securitize Fund Services to offer independent third-party reporting for its onchain vaults. This collaboration marks a significant development as it's reportedly the first time native onchain vaults are directly utilizing institutional-grade fund administrator services. The partnership aims to enhance transparency, auditing, and performance tracking for Upshift's users, providing crucial data for curators and depositors. This move comes at a time when the onchain lending environment has been impacted by recent exploits, highlighting the growing need for robust security and reporting measures in the decentralized finance space.