Cryptocurrency exchange OKX has launched its 25th proof of reserve, revealing vital will increase in consumer and platform belongings.
OKX Releases 25th Reserve Document and Shows Significant Asset Growth
A snapshot of Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) belongings taken on November 13 exhibits sturdy progress.
Key Points
BTC Holdings: User Bitcoin holdings elevated by 1.87% in comparison with the final snapshot on October 8. ETH Holdings: Ethereum holdings elevated by a big 7.90% throughout the similar interval. USDT Holdings: Tether holdings elevated by a formidable 15.37%.
Total Reserves: OKX at present has reserve belongings of $26.611 billion, up $1.883 billion month-on-month.
OKX continues to supply common proof of reserves as half of its dedication to transparency and consumer belief.
The exchange makes use of Merkle tree know-how to permit customers to independently confirm their holdings, making certain reserves totally again buyer belongings.
The continued progress in reserves and consumer belongings factors to sturdy market exercise and probably growing curiosity in digital belongings, significantly stablecoins akin to Bitcoin, Ethereum, and USDT.
OKX reinforces its dedication to safeguarding consumer belongings by offering common and clear proof of reserves, selling belief in an business that values accountability.
*This shouldn’t be funding recommendation.
