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OKX Publishes Seventh Monthly Proof of Reserves Report, Showing $10 Billion in Digital Asset Reserves

OKX, the world's second-largest cryptocurrency exchange by trading volume, has released its seventh monthly Proof of Reserves (PoR) report, revealing that it holds $10 billion in reserves of BTC, ETH, and USDT, as well as 19 other popular digital assets including USDC, XRP, DOGE, and UNI.

OKX's use of trustless "future tools" to demonstrate transparency and build trust within the crypto community has been key to its success. Since the introduction of Zero-Knowledge Scalable Transparent Argument of Knowledge (zk-STARK) technology in April 2023, users have been able to independently verify OKX's solvency by confirming that user assets are fully backed by OKX reserves. OKX's commitment to transparency and security is further demonstrated by its monthly publication of its Proof of Reserves report.

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