Insights

Hoptrail's Crypto Source of Wealth Reports: A Guide

Hoptrail’s Crypto Source of Wealth reports explain how crypto wealth was created - providing clear, compliant, plain-English narratives for regulated institutions assessing financial crime and source of funds. Take a look at this handy guide to find out more about the reports and Hoptrail's process.

1. What is a Crypto Source of Wealth Report?**

financial crime** and We approach the process as aclear, concise narrative** - in plain English - so that anyone, regardless of crypto expertise, can easily read, digest, and act upon our findings.

2. What key elements go into a Hoptrail report?**

   3. WHERE** does the money come from?
   4. HOW** was that money made?
   5. WHO** are the counterparties?
   6. WHAT** are the financial crime risks?

What are the mitigating risk factors?**

**Hoptrail’s SOW reports are built for regulated institutions that need to assess the crypto-originated wealth of their prospects or existing clients. While most often used for onboarding, they are equally valuable for spot checks, periodic reviews, or when investigating a specific issue or raised red flag. Typical clients include:

Private banks and wealth managers * Trust and fiduciary service providers * Hoptrail also provides SOW reports directly to high-net-worth individuals (HNWIs) in specific onboarding scenarios.

4. What data sources does Hoptrail use?**

To get started, we typically require:

A list of wallet addresses used by the customer * A brief narrative of the customer’s crypto journey * **A standard report includes (but is not necessarily limited to):

Initial investments & Liquidations: on- and off-ramp activities * Counterparty analysis: key trading venues and wealth origins (exchanges, OTCs, mining, DeFi, etc.) * Ownership verification: cryptographic wallet ownership

6. How is data privacy handled?**

     * ISO 27001 certified
     * Reports generated almost entirely from public blockchain data
     * In many cases, Hoptrail completes reporting without needing to know the identity of the end customer — meaning no names, IDs, addresses, bank statements, or KYC documents are shared. This approach helps maintain the highest level of privacy for our clients and their customers.

------------------

If you'd like to find out more about our SOW reporting, contact us here or email us at info@hoptrail.io

Start onboarding crypto clients.

Request a demo and see how Hoptrail fits into your compliance workflow.

Request a Demo