Press Release’s Proof of Reserves Report Reveals $4.3B in Assets With 115% Reserve Ratio for 171 Assets, a leading crypto exchange and Web3 innovator, has released its January 2024 Proof of Reserves (PoR), verifiably demonstrating $4.3 billion in total held assets with a ratio of 115.47%, representing over $584 million retained in excess of user deposits. The latest report also demonstrates an increase of $1.1 billion in value since the previous report this past November and marks the fourth year has produced user-verifiable PoR.

The most comprehensive analysis released by any exchange,’s most recent report includes more than 171 digital assets. SATS, ORDI, MUBI, TRAC, NALS, PIZA (PIZABRC), PEPE (PEPEBRC), and other tokens are among the additional 59 assets that have been added since the previous report. Of these tokens, 26 are BRC-20 tokens. It has been revealed that every single one of the 171 assets has a reserve ratio that is equal to or greater than 100%. Among the other important statistics included in the report are:

  • Total Reserve Value: 4,363,990,957 USD
  • Extra Reserves: 584,704,086 USD
  • Total Reserve Ratio: 115.47%
  • BTC: 127.33%
  • ETH: 120.54%
  • USDT: 101.30%
  • USDC: 129.34%

Dr. Lin Han, Founder and CEO of, said:Transparency matters for individuals and industry integrity. It ensures users can safely and confidently participate in the market and promotes best practices among exchanges. We will continually respond to input from users, external experts, and peers to ensure security, privacy, and transparency in our reserves reporting.”’s PoR Method Praised by Auditor

Late last year, introduced significant zero-knowledge verifiability and privacy upgrades to its PoR, expanded the list of reflected assets, and committed to more regular reporting. A January audit by the renowned blockchain security firm Hacken praised the new method as “a testament to a strong foundation in cryptographic implementation,” finding that it contributes “significantly to the field.” has been conducting PoR since 2020 when it became one of the first to produce third-party audited, use-verifiable PoR with a Merkle tree approach. This was repeated in 2022 before FTX’s collapse, when encouraged others to follow, releasing its method as open source. The November 2023 report utilized the previously mentioned upgrades, making’s PoR the most extensive of any exchange.

Proof of Reserves (PoR) is a mechanism that crypto exchanges and other financial institutions use to confirm that they have enough reserves to support all of their customers’ balances. Sharing PoR reports publicly is crucial for maintaining transparency commitments. Customers may rest easy knowing that their funds are safe with the exchange and that they can easily withdraw it if they want to.

Moreover, since proof of reserves provides verifiable evidence that customer funds are secure, it is crucial that any crypto firm that acts as a custodian for consumers implement it.’s January 2024 reserves report data is available on its PoR portal, where users can independently verify whether their account and deposits were reflected and view other detailed information.


Established in 2013, is one of the world’s earliest cryptocurrency exchanges and a leader among compliant and secure digital asset platforms, offering diverse trading services with 100% user-verifiable Proof of Reserves. Further, the platform has consistently ranked as one of the top 10 cryptocurrency exchanges based on liquidity and trading volume on CoinGecko. Besides its primary exchange services, has diversified its ecosystem to offer decentralized finance, research and analytics, venture capital investing, wallet services, startup incubation, and more. The platform currently serves more than 13 million active users worldwide.

  • Press Contact: Elaine Wang
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