Holder-level reconciliation
What your wallet is not telling you
Veltr reads both values for every stock token an address holds: the raw ERC-20 balance that wallets and trackers display, and the ERC-8056 effective balance that represents actual underlying exposure. Where they disagree, the difference is real ownership that standard tooling omits.
Where this matters most
Tax preparation
Self-custodied stock tokens generate no broker statement. A basis calculation built from transfer history alone will not reconcile once a multiplier has been applied.
Collateral sizing
If a lending position was sized against a raw balance, the assumed and actual headroom differ. Reconcile before the next action lands, not after.
Portfolio accounting
Two trackers reading the same wallet can report different holdings depending on whether either implements ERC-8056. Only one of them is right.