# Independent Attestations

Independent attestations are a standard feature of established financial products, particularly where investors expect a clear separation between asset management and verification.

[Apex Group Ltd.](https://www.apexgroup.com/) serves as ONyc’s independent attestation provider, conducting monthly third-party verification of ONyc’s financial reporting and treasury positions. Each attestation confirms:

* The accuracy of ONyc’s reported Net Asset Value (NAV) across all holdings
* Treasury balances across traditional financial accounts and onchain infrastructure
* Portfolio positions relative to ONyc’s underlying reinsurance exposure
* Reconciliation of onchain stablecoins, offchain treasury assets, and collateral posted to reinsurance counterparties against reported figures

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Established in Bermuda in 2003, Apex is a global financial services firm with more than 13,000 professionals providing fund and asset servicing to asset managers, allocators, financial institutions, and family offices worldwide. With over two decades of institutional fund administration experience across multiple jurisdictions and asset classes, Apex operates a unified cross-asset platform supporting the fund lifecycle from capital formation through ongoing administration and reporting. The firm provides independent verification and oversight consistent with established institutional financial standards.

For ONyc holders and stakeholders, these monthly attestations establish a recurring reporting cadence, provide independent validation of key financial metrics, and enhance transparency into treasury composition and capital deployment over time.

<table><thead><tr><th width="300.02862548828125">Independent Attestation Provider</th><th width="399.6829833984375">Final Attestation Report Link</th></tr></thead><tbody><tr><td>Apex Group Ltd.</td><td><a href="https://drive.google.com/file/d/1lh2e2RF-RRjQrSsCWhIirn_-_Xr_yMPd/view?usp=drive_link">November 2025 Attestation Report</a></td></tr><tr><td>Apex Group Ltd.</td><td><a href="https://drive.google.com/file/d/1Y30O1SLcCHAlTvE48u7HeYTgRT7tZ9c_/view?usp=drive_link">December 2025 Attestation Report</a></td></tr><tr><td>Apex Group Ltd.</td><td><a href="https://drive.google.com/file/d/1WJSGP0VZW69rzAbvJTW_uyu11Ws9_ZT1/view?usp=drive_link">January 2026 Attestation Report</a></td></tr><tr><td>Apex Group Ltd.</td><td><a href="https://drive.google.com/file/d/1FRr7zQ-WG0buR9H_XuY23wIO9AVQqAyJ/view?usp=drive_link">February 2026 Attestation Report</a></td></tr></tbody></table>