OKX released the 9th proof of reserves: the reserve ratio of 22 publicly listed cryptocurrencies exceeds 100%

ChainCatcher news, OKX officially released the 9th Proof of Reserves (PoR), with the reserve ratio of 22 publicly listed cryptocurrencies exceeding 100%. Among them, the reserve ratios for BTC, ETH, and USDT are all 103%, with a total value reaching 11.3 billion USD.

It is reported that OKX is committed to enhancing the transparency of PoR to meet traditional financial audit standards, thereby continuously leading the industry in safety and transparency. It is one of the few mainstream crypto exchanges that publishes proof of reserves on a monthly basis. Currently, the PoR system has been upgraded using innovative technologies such as zk-STARK, allowing users to independently verify OKX's solvency at any time. (Source link)