OKX releases the 19th PoR: the reserve ratio of 22 public currencies exceeds 100%

This site (120btC.coM): The cryptocurrency exchange OKX announced the 19th Proof of Reserves (PoR) today (29th), showing the reserves of 22 public currencies The reserve rates of Bitcoin, Ethereum, USDT, and USDC are all over 100%. The reserve rates of Bitcoin, Ethereum, USDT, and USDC are 104%, 103%, 102%, and 102% respectively, with a total value of US$22,450,807,887.

OKX is committed to improving PoR transparency to traditional financial audit standards, thereby continuing to lead the industry in safety and transparency. OKX insists on releasing PoR on a monthly basis. The reserve ratio has exceeded 100% for 19 consecutive months. The number of public currencies has increased from 3 to 22. It has successively passed the Merkle tree, full-view Merkel tree, and zk-STARK, etc. Technology continues to upgrade the PoR system, setting multiple milestones.

Under the premise of protecting privacy, users can independently verify OKX’s solvency at any time, and was rated by blockchain expert Nic Carter as representing the highest level of PoR quality for mainstream exchanges.

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