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Crypto.com Reveals $2.80 billion in Bitcoin And Altcoin Reserves in Bid for Transparency

Crypto.com CEO Kris Marszalek says that investors can expect the crypto exchange to remain safe and transparent while announcing a full audit that would prove Crypto.com has the 1:1 ratio of reserve assets it claims it has.

To start, Marszalek is sharing the exchange’s cold wallet addresses.

According to recent data from blockchain analytics platform Nansen, Crypto.com’s cold wallet portfolio has about $2.80 billion worth of assets, 31.54% of which is comprised of Bitcoin (BTC), the leading digital asset by market cap.

Other notable crypto assets include meme token Shiba Inu (SHIB), which makes up 20.08% of the total and leading smart contract platform Ethereum (ETH), which accounts for 17.35% of the portfolio.

Stablecoins Tether (USDT) and USD Coin (USDC) come in at 5.41% and 5.36%, respectively, while other altcoins make up 20.26% of the assets in the exchange’s cold wallets.（By Mehron Rokhy）

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