The Cryptocurrency Exchange OKX has Published its 32nd Proof of Reserves Report! Here are the Details

The Crypto exchange OKX has published the 32nd Proof of Reserves report (. According to the report, in order to ensure transparency on the platform, the reserve ratio for 22 different public crypto assets was at least 100% or higher.

OKX’s 32nd Proof of Reserves Report: Total Value of BTC, ETH, USDT, and USDC Exceeds 28.46 Billion Dollars

The reserve ratios for the four highlighted assets were announced as follows:

• Bitcoin )BTC(: %105
• Ethereum )ETH(: %101
• Tether )USDT(: %102
• USD Coin )USDC(: %101

The total value of these four assets has been recorded as approximately 28.46 billion dollars.

OKX continues to hold the title of the first global crypto exchange that has been continuously publishing proof of reserves for over two years. During this process, the company expanded its PoR system, which originally started with only three assets, to 22 assets over time.

In order to strengthen the Proof of Reserves system, OKX has continuously improved its infrastructure by integrating advanced cryptographic techniques such as Merkle tree, expanded Merkle view, and finally zk-STARK.

The exchange emphasizes that the purpose of regular PoR publications is to enhance user security and elevate asset transparency on the platform to the highest level. OKX argues that this approach increases confidence that user assets are truly available and should become the industry standard.

*It is not investment advice.

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