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Crypto & Bitcoin

OKX Marks Four Years of Proof-of-Reserves With $36 Billion in On-Chain Assets

Reported by Crypto Reporter

Image: Crypto Reporter

OKX, a leading global cryptocurrency exchange and onchain technology company, marked four years of its Proof of Reserves (PoR) program, with $36.36 billion in on-chain assets across 22 major cryptocurrencies. Reserves maintained at or above 100% for every asset covered in the report, including Bitcoin (BTC) at 110%, Ethereum (ETH) at 100%, Tether (USDT) at 105% and USD Coin (USDC) at 101%. Since introducing Proof of Reserves in November 2022, OKX has made monthly reporting and independent verification central to how it operates.

This is an excerpt. The reporting belongs to Crypto Reporter.

Read the full report on crypto-reporter.com
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