Nephos Group Appointed to Verify Reserves Behind Agant's GBPA Stablecoin

Nephos Group has been appointed as the proof of reserves attestation partner to Agant, the UK-based issuer of the GBPA pound sterling stablecoin. This partnership will provide independent ISAE 3000 proof of reserves and attestation services for GBPA, verifying that it remains fully reserved on a one-to-one basis with the backing pound sterling.

The appointment supports Agant's commitment to transparency and provides institutional and business users with independent assurance over the reserves backing GBPA. This is essential as the UK moves towards implementing its regulatory framework for stablecoins.

Nephos Group will provide this service, combining traditional accounting expertise with specialist knowledge of blockchain infrastructure, stablecoins, and emerging regulatory requirements.