OKX Releases 35th Proof of Reserves Showing Asset Security
- Lyla Velez
- October 2, 2025
- News
- 0 Comments
- OKX reports $37.7 billion in backed assets.
- BTC sees a 3.67% increase in reserves.
- Transparency reinforced with third-party verification.
OKX released its 35th Proof of Reserves report, revealing $37.7 billion in assets, fully backing user deposits with over-collateralization. The report was independently verified by Hacken, ensuring transparency and trust in the cryptocurrency exchange.
OKX’s Proof of Reserves highlights the growing importance of transparency in crypto exchanges, aligning with industry demands for more secure asset management practices and ensuring user trust.
OKX’s full backing of user assets showcases consistent over-collateralization. It demonstrates a robust security framework, as verified by external auditor Hacken. User deposits in Bitcoin and other major tokens are more than 100% backed. As noted in an official OKX statement, “We’ve just released our 35th Proof of Reserves… demonstrating more than enough assets to cover user balances.”
OKX has undergone independent verification from Hacken to support its reliability. There are currently no direct public statements from OKX executives, but detailed findings are accessible through OKX’s official channels. Community sentiment remains positive.
The release has reinforced confidence among users and industry stakeholders, as OKX’s commitment to asset transparency is seen as a standard for exchange operations post-FTX. The news assures markets, reducing concerns over exchange solvency and security.
OKX’s reputation benefits from transparent reserves management. Current collateralization levels, including notable assets like Bitcoin and Ethereum, play a crucial role in reassuring investors amid market volatility, supporting stable market conditions.
The report reflects positive industry practices, anticipating a continued trend of transparency and over-collateralization. Industry observers suggest exchanges may adopt similar practices, enhancing the sector’s sustainability in response to both stakeholder and regulatory expectations.
Disclaimer: The content on nftenex.com is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions. |