Wallet Statement

Overview

Statements can be generated by custodians, exchanges, wallet platforms, treasury systems, or internal ledgers. They may show opening balance, deposits, withdrawals, transfers, conversions, rewards, fees, and closing balance by asset and account.

A statement may omit on-chain events, internal ownership, pending transactions, token approvals, or activity outside the provider’s scope. Reporting-currency totals can use stale or undisclosed prices. The provider’s status and cut-off may also differ from blockchain finality or accounting periods.

Users should document statement scope, time zone, cut-off, valuation, asset units, ownership, and status definitions. Organizations need secure retention and independent reconciliation against blockchain data, provider evidence, subledgers, and the general ledger. Differences require investigation rather than forced adjustments. Sensitive statements should follow access, encryption, and retention controls.

Wallet Statement should be distinguished from the user interface and from the underlying asset itself. For example, an on-chain balance can be correct while the customer ledger is wrong because a deposit was attributed twice; both sources must be reconciled without forcing one to mimic the other.

Auditability for Wallet Statement requires immutable entry identifiers, debit and credit direction, amount, currency or asset, effective and posting times, source object, transaction reference, status, correction link, approver, and balance impact. For Wallet Statement, reports should reproduce prior cutoffs after later events arrive.

The data model for Wallet Statement should identify legal entity or owner, account and wallet scope, asset and network, units and precision, cutoff time, availability category, authoritative sources, and whether the value represents an external asset, internal entitlement, liability, or accounting position.