> For the complete documentation index, see [llms.txt](https://docs.anchored.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.anchored.finance/general/trust-and-transparency.md).

# Trust & Transparency

## Proof of Reserves

Anchored tokenized stocks are 1:1 backed by the underlying stocks, held through a licensed U.S. broker-dealer. We have partnered with [Accountable](https://accountable.capital/) to verify this and to issue an independent Proof of Reserves that attests to our underlying reserves.

### How does Anchored Proof of Reserves work?

[Accountable](https://accountable.capital/) has full access to our custody accounts via API endpoints and can independently check the status of our underlying reserves at any time. They verify that the number of shares held by our custodian matches or exceeds the total token supply on-chain. This information is then published publicly so anyone can verify that all tokens are fully backed.

### How frequently is Anchored PoR updated?

Anchored Proof of Reserves is updated every 15 minutes.

### Where can I verify reserves?

Please verify the reserves here: <https://accountable.anchored.finance/>