BDO Italia company
Overview
BDO Italia is the Italian member firm of the BDO global accounting network. In the digital asset sector it is best known as the firm Tether appointed in 2022 to prepare the attestation reports on the reserves backing USDT, replacing Tether's previous Cayman Islands accountant. BDO Italia issues periodic agreed-upon-procedures reports confirming that, at a given reporting date, Tether's reserve assets matched its token liabilities; these are attestations rather than full financial-statement audits. The reports disclose the composition of Tether's reserves, which include US Treasury bills, cash equivalents, secured loans, gold and bitcoin.
Within the DeFi Intel graph, BDO Italia connects to 4 tracked entities, most strongly to Tether, Tether USD, XAUt.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 4 of 4 total).
| Relation | Connected entity | Confidence |
|---|---|---|
audited_by | Tether | 95% |
attests_for | Tether USD | 90% |
attests_for | XAUt | 90% |
attests_for | Tether EURt | 90% |
Frequently asked questions
What is BDO Italia?
BDO Italia is a security-audit tracked in the DeFi Intel knowledge graph. It is connected to 4 other tracked entities, most strongly to Tether, Tether USD, XAUt.
What type of entity is BDO Italia?
BDO Italia is classified as a security-audit (company) in the DeFi Intel knowledge graph.
What is BDO Italia connected to?
In the DeFi Intel knowledge graph, BDO Italia is linked to 4 other tracked entities, most strongly to Tether, Tether USD, XAUt.
Live news feed, full graph, and search.