Provenance Blockchain
HASHAn open-source blockchain platform for financial services
Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 15.63% | 4.68% | 8.51% | 19.89% | 20.05% | 22.84% |
Comparison
Fundraising
Developer
Follow Updates
Follow Lists
People
About Provenance Blockchain
Provenance Blockchain is a public Layer 1 built on Cosmos SDK, purpose-built for financial services. Its core business is tokenizing real-world assets (RWAs), primarily mortgage loans and private credit. The network has onboarded over $23 billion in RWAs, with Figure Technologies' home equity loan origination and the YLDS yield-bearing stablecoin running on-chain.
The key narrative is institutional-grade compliance: identity and regulatory modules are integrated at the protocol layer, enabling permissioned participation on a public chain. This solves the market pain point of opaque, inefficient legacy finance by providing a single source of truth for asset lifecycle management, reducing settlement costs and manual reconciliation.
In the past six months (Feb-Aug 2026), Provenance saw a 30% monthly TVL growth, entering the top 10 chains. Governance proposals 102 and 103 fixed transaction fees at $0.015 per HASH and upgraded lending vaults, creating predictable utility. Figure's Forge platform launched in March, pooling private credit into $1 participation tokens, boosting on-chain volume.
A notable negative: in March 2026, Trail of Bits disclosed an authorization bug affecting 82 accounts (~$500K at risk). The issue was patched in May-June via v1.28.0 and v1.29.0, with no confirmed exploits. The incident highlighted risks in supply-tracking logic but was responsibly disclosed and fixed.
Positive: Provenance's on-chain RWA surpassed $23B; Black Lake and Nuva Labs completed tokenization of $25M mortgage loans with first on-chain minting/transfer, showing institutional adoption .
Negative: In March a serious security vulnerability was disclosed, allowing attackers without holding tokens to self-grant admin on 82 marker accounts, drain ~$500k nhash escrow and pose inflation risk; fixed in May/June .
Ira Miller (VP of Engineering) is a core executive. He previously served as Director of Engineering at Figure, where he led the development of the Provenance protocol. Earlier, he held senior software engineering and management roles at SRI International, focusing on distributed systems, security, and software architecture. He joined Provenance Blockchain Foundation in September 2022. No co-founder information is available from the provided sources.