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OKX has released yet another monthly Proof of Reserves , which reveals that the Seychelles-registered cryptocurrency exchange is over-collateralized with $12.5 billion in primary assets backing user funds.OKX’s Proof of Reserves encompasses 22 widely-used digital assets including Bitcoin, Ethereum, and Tether. It also indicated that the platform has consistently maintained a reserve ratio exceeding 100% for a continuous period of 12 months across all of these assets.
Meanwhile, the exchange’s user USDT holdings stood at a little over $4.9 billion while that of USDC stood at around $319 million. OKX recorded user XRP holdings at over $204 million, Doge at over $3.27 billion, and Solana at nearly $1.69 million among other assets.
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