Transparency

Given our unique position in this emerging industry, particularly with the three distinct businesses under the Delphi Digital brand (Research, Consulting, and Ventures), our team places the highest level of importance on disclosure in order to maintain transparency for our clients. In addition to disclosures attached to every report or engagement, we have put together this Transparency Board so our subscribers can quickly see which projects our team has worked with in a consulting or investment capacity.

In accordance with our transparency initiative, we plan to provide regular updates with respect to our consulting and investment relationships here, being conscious of perceived conflicts. While we will update this page regularly, and will post the date of last update in a prominent position, we will update the headers on previously published reports in the event we engage with a project from a consulting or investment perspective which we have previously published research on.

Members of the Research Team may own digital assets represented in its reports, in which case clear disclosures will be made in order to ensure transparency with our clients, with emphasis in our disclosures with respect to the analysts who were involved in drafting a given report. In addition, no analyst may trade a token mentioned within a report 3 days prior to its publication without clearly disclosing the activity in the preface of the report. No analyst may sell a token mentioned in a report in the 3 days following its publication.

For full token disclosures by team member, please contact Delphi Research at [email protected] These reports belong to Delphi Digital, and represent the opinions of the Research Team.

Neither Delphi Research nor any other Delphi Digital business receives compensation from the companies, entities, or protocols in relation to content published as part of Delphi Research’s subscription product. The only fees Delphi Research earns in relation to its subscription product is through paying subscribers. Notwithstanding the above and for the avoidance of doubt, we do not accept compensation from any party on any basis that is contingent upon communicating a positive opinion in Delphi Research’s reports. We strive for strict objectivity at all times.

We are working on a standalone full Ventures page where we will list our key investment themes, philosophy, and more.

In the meantime, we wanted to use this page to keep our clients updated with Delphi Ventures’ portfolio in the interest of transparency for Delphi Research subscribers and to avoid perceived conflicts. Below are the investments Ventures currently has exposure to. Ventures is a long-term oriented fund and intends to hold these positions for the foreseeable future; day trading isn’t our forte.