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OKX Publishes Its 48th Consecutive Proof-of-Reserves Report

OKX Publishes Its 48th Consecutive Proof-of-Reserves Report

Photo: TokenPost

OKX released its 48th consecutive proof-of-reserves report Oct. 30, continuing a monthly disclosure series that began in November 2022 and compares exchange assets with included customer balances. A proof-of-reserves report provides a dated snapshot. It does not show a live view of an exchange's assets or customer balances. OKX's previous disclosure listed reserve ratios above 100% across 22 cryptocurrencies and valued its major holdings at $27.4 billion. TokenPost covered those figures in its 47th proof-of-reserves disclosure . John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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