OKX released the 49th issue of PoR and reached a four-year milestone, with the reserve asset value of four major cryptocurrencies approximately 27.8 billion USD

According to official news, OKX has officially released the 49th Proof of Reserves (PoR), achieving a milestone of four consecutive years of releases. This issue shows that the reserve ratio of more than 20 major cryptocurrencies disclosed by OKX has reached 100%.

Among them, the reserve ratios for BTC, ETH, USDT, and USDC are 108%, 101%, 106%, and 100%, respectively, with a total reserve asset value of approximately $27.8 billion.

It is reported that since OKX first released the Proof of Reserves in November 2022, it has consistently published PoR on a monthly basis, increasing the number of disclosed cryptocurrencies from the initial 3 to more than 20. It has also introduced technologies such as Merkle trees, comprehensive Merkle trees, and zk-STARK zero-knowledge proofs, continuously upgrading the reserve verification system to support users in independently verifying asset reserves and enhancing asset transparency.