KuCoin Tops CryptoQuant's PoR Transparency Report with 96.7 Score
KuCoin has been recognized as the leader in proof-of-reserves (PoR) transparency by CryptoQuant's Annual Exchange Leader Report 2025. The report evaluates centralized exchanges across various criteria, including structural transparency, trading performance, reserves, and PoR standards. KuCoin earned a score of 96.7 (A+) for its PoR transparency.
The exchange achieved the highest structural transparency standards among evaluated platforms by combining public wallet disclosure, monthly Merkle-tree, based Proof-of-Reserves reports, user-side balance verification mechanisms, and independent third-party attestations. KuCoin publishes monthly Merkle-tree, based Proof-of-Reserves reports verified by Hacken, with its latest update dated February 6, 2026, alongside a February attestation.
KuCoin's PoR leadership aligns with its broader $2B Trust Project, an ongoing initiative focused on strengthening security systems, enhancing compliance frameworks, advancing risk controls, and reinforcing user asset protection standards across global markets. BC Wong, CEO of KuCoin, commented: 'Transparency and compliance are foundational to long-term trust in digital asset markets. Structural safeguards, including verifiable reserves, consistent reporting cadence, and third-party validation, are not optional; they are essential.'