OKX Reserve Ratios Soar Above 100% Across 22 Cryptocurrencies

OKX has released its 47th proof-of-reserves disclosure, showing that reserve ratios for each of 22 cryptocurrencies are above 100%. The exchange's major cryptocurrency holdings have a combined value of $27.4 billion.

The latest report continues the monthly reporting practice that OKX began in November 2022. Each asset included in the report has reserves exceeding the amount of customer assets represented.

OKX's proof-of-reserves disclosures aim to provide transparency and assurance to users about the exchange's financial health. The exchange values its major cryptocurrency holdings at $27.4 billion, with reserve ratios above 100% for each of the listed assets.