Provenance Blockchain
hashRank #101
$0.008943
-0.03% · 24h
24h
-0.03%
7d
+24.14%
30d
-5.39%
1y
-67.17%
Provenance Blockchain chart
Provenance Blockchain is a Layer 1 network purpose-built for regulated financial services and real-world asset tokenization. Its native token, HASH, is used for staking, transaction validation and governance across lending, fund administration and payments applications.
- — Cosmos SDK Layer 1 focused on regulated finance and real-world assets
- — Originated from fintech firm Figure, used for lending and fund administration
- — HASH secures the chain via proof-of-stake and powers fees and governance
- — Value depends on real institutional usage rather than retail speculation
What is Provenance Blockchain?
Provenance is a public proof-of-stake Layer 1 built on the Cosmos SDK and focused on regulated finance. It originated from work by fintech firm Figure and is used to originate loans, tokenize real-world assets, administer funds and settle payments on-chain. Rather than chasing retail speculation, Provenance targets banks, asset managers and lenders that need an auditable, compliant ledger. HASH is the network's native token, underpinning security, fees and governance across these institutional financial workflows.
How does Provenance work?
Validators stake HASH to secure the network under a Cosmos-style proof-of-stake consensus, and delegators can back validators to share in rewards. HASH is used to pay network fees, participate in governance votes and represent economic stake in the chain. Because Provenance handles regulated instruments like loans and funds, applications are built with compliance and identity controls in mind. Real-world asset volume, such as loan originations and tokenized fund activity, is meant to translate into on-chain fee and staking demand for HASH.
What drives the HASH price?
HASH demand is tied to genuine financial usage on Provenance: loan origination volume, assets tokenized, and institutions building on the chain. Staking locks up supply and pays rewards from network inflation, while governance participation adds utility. Catalysts include new institutional partners, growth in real-world asset tokenization narratives, and integrations that route fee revenue on-chain. Because usage is institutional rather than retail-driven, HASH can trade differently from speculative Layer 1 tokens, though broad market liquidity still matters.
Risks to consider
Provenance depends on institutional adoption, which is slow and can stall if partners retreat or regulation shifts. Its close ties to a small number of originators create concentration risk. Real-world asset volume may not convert cleanly into token value accrual. As a Cosmos-based chain, it faces validator centralization and technical risks, and HASH liquidity is thinner than for larger Layer 1 tokens, amplifying volatility.
Provenance Blockchain FAQ
Is Provenance Blockchain a good investment?
Provenance targets a real market in regulated finance and asset tokenization, but its value hinges on institutional adoption that is slow and concentrated. Liquidity is thin and risks are meaningful. Do your own research. This is information, not financial advice.
What is HASH used for?
HASH is staked by validators and delegators to secure the network, pays transaction fees, and is used for governance. It represents economic stake in a chain built for lending, payments and real-world asset tokenization.
Who uses Provenance?
Provenance is aimed at financial institutions such as lenders, banks and asset managers, with roots in fintech firm Figure, which uses it for loan origination and other regulated financial activity.
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Price data by CoinGecko, last refreshed . Figures are indicative, refresh about every 30 minutes, and may lag exchange rates. Read our methodology and disclaimer. Nothing here is financial advice.