Bluprynt, a leading provider of compliance automation and blockchain solutions, announced the launch of Know Your Issuer (KYI), a new cryptographic verification solution that addresses one of the digital asset industry's most persistent challenges: the counterfeiting of legitimate tokens. KYI establishes a secure, transparent, and crypto-native standard for verifying token issuers, safeguarding markets from fraud and reinforcing trust at the foundation of tokenized finance.

The absence of a reliable way to confirm that a digital asset was truly issued by the entity it claims to represent has left markets vulnerable to counterfeit tokens, impersonation attacks, and a gradual erosion of trust, driving over $1.6 billion in global losses each year. KYI directly addresses this by linking cryptographic proofs to verified credentials, creating an auditable, tamper-resistant solution for establishing authenticity. Designed as a crypto-native solution, KYI is lightweight, decentralized, and easy to integrate into wallets, exchanges, and token standards—providing a model for how verification must evolve to meet the speed, transparency, and resilience expected in blockchain markets.

"Counterfeiting weakens the integrity of digital markets and hurts everyone involved—issuers, investors, and platforms alike, and impedes adoption of digital assets more generally," said Chris Brummer, a Georgetown law professor and CEO of Bluprynt. "KYI provides a simple but powerful fix: cryptographic proof of who issued what, maintained through an open, verifiable standard built for the realities of on-chain finance. The benefits from DeFi to financial institutions using crypto assets are endless."

To establish KYI's technical feasibility, Bluprynt is conducting pilots with leading digital assets institutions and their technical teams. The first completed pilot applies KYI verification to PYUSD, and established multiple means of securing verification of Proofs of Authenticity for crypto assets.