Proof-of-Reserve (PoR)

Tessera integrates Chainlink Proof of Reserve (PoR) and Cross-Chain Interoperability Protocol (CCIP) to bring unprecedented transparency to tokenized private equity exposure.


By partnering with Chainlink, Tessera delivers:

  • Proof of Reserve (PoR): Real-time on-chain verification that token supply matches underlying asset holdings

  • CCIP: Secure infrastructure for multi-chain expansion

This makes Tessera the first tokenized private equity platform with transparent reserve verification and native multi-chain support from launch.


How Proof of Reserve Works

Tessera's PoR system combines traditional financial controls with blockchain transparency:

1. Secure Custody & Independent Audit

Private equity exposure (SpaceX, OpenAI, xAI) is held in segregated portfolios within a Cayman Islands foundation structure. Independent auditors verify the asset holdings, creating the authoritative source of truth.

Audited asset counts feed into Chainlink's decentralized oracle network, which validates data across multiple independent nodes before publishing on-chain.

3. On-Chain Publication

Chainlink publishes real-time feeds on Solana showing:

  • Asset holdings in each segregated portfolio

  • Circulating supply of corresponding Tessera tokens

  • Reserve ratio confirmation

Example: Tessera-SpaceX Reserves

Why Asset Count (Not Dollar Value)?

Unlike platforms that report fluctuating dollar values, Tessera displays actual asset counts:

Approach
Benefit

Objective verification

Asset counts are unambiguous and easily verified against portfolio records

No valuation disputes

Eliminates subjective debates while maintaining price discovery on DEXs

Clear 1:1 mapping

Token supply cannot exceed verified asset holdings

Simple audits

Auditors verify holdings, not complex valuation models


CCIP: Multi-Chain Expansion

Chainlink's CCIP enables Tessera to deploy across Ethereum, Base, Polygon, Avalanche, and other networks with:

Unified Infrastructure

  • Single source of truth for reserve verification across all chains

  • Secure token transfers between networks

  • Consistent standards across blockchain environments

Enhanced DeFi Capabilities

  • Cross-chain arbitrage opportunities

  • Aggregated liquidity from multiple ecosystems

  • Universal collateral acceptance across lending protocols


Benefits for the DeFi Ecosystem

For Protocols

  • Lending platforms: Accept Tessera tokens as collateral with real-time reserve verification

  • DEXs: New asset class with 24/7 trading and verifiable backing

  • Developers: Build cross-chain derivatives and structured products

For Users

  • Trade across DEXs on multiple chains

  • Access liquidity pools across Solana, Ethereum, Base, and more

  • Verify reserve backing in real-time on any supported chain


Why This Matters

Traditional private equity markets lack transparency even for accredited investors. Compliance-based platforms like Republic and Securitize still require trust in centralized intermediaries.

Tessera's Chainlink integration changes this: permissionless access with cryptographic proof of reserves.

Anyone can verify that token supply matches actual asset holdings—no KYC, no intermediaries, no trust assumptions.


About the Integration

Chainlink secures tens of billions in DeFi value. Its Proof of Reserve solution is trusted by major RWA projects, while CCIP connects 30+ blockchain networks.

Tessera's integration includes:

  • Proof of Reserve: Adapted from Chainlink's established PoR feeds for private equity verification

  • CCIP Exclusivity: Tessera commits to using CCIP for all cross-chain operations


Roadmap

Phase
Milestone

Phase 1 - Solana Launch

PoR feeds go live alongside Tessera mainnet, covering SpaceX, OpenAI, xAI, and future offerings

Phase 2 - Multi-Chain

CCIP powers deployment to Ethereum, Base, Polygon, and other networks with unified PoR verification

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