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ZARP Stablecoin Digital Report March 2022

AGREED-UPON PROCEDURES REPORT ON ZARP TOKENS ISSUED BY
ZARP Stablecoin (PTY) LTD
To:
THE DIRECTORS
ZARP Stablecoin (Pty) Ltd
08 March 2022
Purpose of this Agreed-Upon Procedures Report and Restriction on Use
and Distribution
Our report is solely for the purpose of assisting the Directors in giving assurance
to potential clients of ZARP Stablecoin (Pty) Ltd that for every ZARP token issued
there is a corresponding collateral held in South African Rand in the Call Deposit
account of ZARP Stablecoin (Pty) Ltd.
This report is intended solely for the Directors of ZARP Stablecoin (Pty) Ltd and
will also be placed on the website of Kempen Group. ZARP Stablecoin (Pty) Ltd
will refer to this report on its website for potential

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