According to the company’s official statement, the exchange reported reserve ratios of at least 100% for 22 major tokens and said it has published monthly Proof of Reserves reports for more than three years.
OKX said its 41st Proof of Reserves report shows reserve ratios above 100% for 22 assets. According to the company’s official statement, the exchange reported $25,658,384,955 across BTC, ETH, USDT and USDC, with reserve ratios of 106% for BTC, 107% for ETH, 109% for USDT and 102% for USDC. The company also said it has published monthly Proof of Reserves reports for more than three years as part of its asset-backing disclosure practice.