This report constitutes the independent monthly reserve attestation for MoriCash (MORI) for the period ending May 31, 2026.
As of the attestation date, the total value of reserve assets held on behalf of MORI token holders equals or exceeds the total value of MORI tokens in circulation. The reserve ratio is confirmed at 100.00%. All reserve assets are held in legally segregated accounts, separate from MoriCash's operational funds.
| Metric | Value (USD) | % of Total |
|---|---|---|
| Total MORI Tokens in Circulation | 35,000,000 | — |
| Total Reserve Assets (USD Equivalent) | 35,000,000 | — |
| Reserve Ratio | 100.00% | — |
| Surplus / (Deficit) | $0 | 0.00% |
| Asset Class | Custodian | USD Value | Allocation |
|---|---|---|---|
| US Treasury Bills (T-Bills, ≤90 days) | BDO Unibank / Custodian A | $21,000,000 | 60% |
| FDIC-Insured Bank Deposits (USD) | UnionBank of the Philippines | $8,750,000 | 25% |
| Government Money Market Funds | BVI Licensed Custodian | $3,500,000 | 10% |
| Overnight Repo (US Government Securities) | BDO Unibank / Custodian A | $1,750,000 | 5% |
| Total | $35,000,000 | 100% |
Based on our independent review of reserve account statements, custodian confirmations, and token issuance records as of May 31, 2026, we confirm that the aggregate value of reserve assets held by or on behalf of MoriCash equals or exceeds the aggregate value of MORI tokens outstanding. This attestation is provided for informational purposes and does not constitute an audit opinion under applicable auditing standards.
MoriCash operates under applicable regulatory requirements including BSP VASP licensing, SEC (Philippines) registration, AMLC compliance, and BVI FSC oversight. Reserve management adheres to MoriCash's published Reserve Policy, which mandates full backing, segregation of reserve assets, and monthly independent attestation.