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OKX’s 19th PoR Report; $22.5 Billion in Primary Assets

The post OKX’s 19th PoR Report; $22.5 Billion in Primary Assets appeared first on Coinpedia Fintech News

OKX today announced the release of its 19th consecutive Proof of Reserve report, revealing $22.5B in primary assets backing customer funds. The current reserve ratios for OKX’s primary assets stand at 104%, 103%, 102%, and 102% for BTC, ETH, USDT, and USDC respectively. This month, OKX published over 680,000 public wallet addresses, allowing its customers and the wider community to independently verify the platform’s reserves. OKX’s global CCO is proud of the open-source PoR protocol and states that OKX will continue to innovate and enhance the PoR program, ensuring customers that their assets are securely backed by OKX’s reserves.

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