9M
...
OKX, a leading player in the Web3 and crypto exchange market, announced its 17th Proof of Reserves (PoR) report, confirming over USD22.1 billion in assets safeguarding customer funds. This latest disclosure marks a continuation of OKX’s monthly transparency efforts, covering the reserve ratios for 22 popular cryptocurrencies, including BTC, ETH, and USDT, all ensuring more than 100% backing. Specifically, the report highlights reserve ratios of 102% for BTC, 104% for ETH, 106% for USDT, and 110% for USDC, guaranteeing full coverage of user assets.
OKX’s commitment to transparency and security is further reinforced by Lennix Lai, the Global Chief Commercial Officer, who emphasized the importance of Proof of Reserves in building trust within the crypto ecosystem. The ongoing updates to the PoR, including the adoption of zk-STARK technology, underline OKX’s dedication to providing a secure trading environment. This effort has been recognized by blockchain experts, earning OKX top ratings for quality and transparency, as it prepares users to navigate the expanding landscape of global crypto adoption confidently.
