OKX Puts Reserves at $27.8B in 49th Proof-of-Reserves Snapshot
OKX says its reserves total $27.8B across Bitcoin, Ether, USDT and USDC, revealed in the exchange's 49th proof-of-reserves report. The recurring disclosure keeps OKX in the industry's post-FTX habit of regularly showing customers what it holds.
OKX says it holds $27.8 billion in reserves across four major assets, according to its latest proof-of-reserves disclosure. The report marks the exchange's 49th such check.
The holdings span Bitcoin, Ether, USDT and USDC — two blue-chip coins and the two biggest dollar-pegged stablecoins. That mix keeps the reserve snapshot heavy on assets traders actually move in and out of every day.
Proof-of-reserves reports have become a routine flex for exchanges since the industry's trust crisis, with platforms publishing recurring snapshots of what they hold. OKX has now done it 49 times, making the cadence itself part of the pitch.
Cointelegraph flagged the figure on X. The exchange did not detail per-asset breakdowns in that post.
The headline number is one data point, not an audit — proof-of-reserves disclosures typically show balances without proving liabilities. But for OKX, the recurring drip of reserve updates is the point: keep showing the crypto, keep the skeptics quiet.
TopicsOKX · Bitcoin · Ether · USDT · USDC · Cointelegraph
Source: x.com
Written by Paparazzi with AI. Not financial advice.
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