Cryptocurrency exchange OKX announced the 19th proof of its asset reserves. Users' BTC assets increased by 2.62% to 147 thousand, ETH assets increased by 39 thousand ETH to 1.67 million, and USDT assets increased by 4.26% to 6.51 billion.
OKX Announces 19th Asset Reserve Proof
Cryptocurrency exchange OKX published its 19th asset reserve proof, collecting data as of May 20.
The latest snapshot revealed significant growth in user-held assets across major cryptocurrencies, highlighting OKX's solid asset management and user confidence.
According to the announcement, OKX users' Bitcoin (BTC) holdings reached 147,000 BTC, an increase of 2.62% compared to the previous report.
Ethereum (ETH) holdings reached 1.67 million with the addition of 39,000 ETH, reflecting continued trust in the platform. Additionally, Tether (USDT) assets increased by 4.26% to 6.51 billion USDT.
This latest proof of reserves underlines OKX's commitment to transparency and security in the cryptocurrency market.
Regular publication of asset reserve data is part of OKX's ongoing efforts to provide users with assurance about the security and availability of their assets on the platform.
Liying Zhang, OKX's Chief Financial Officer, said about the growth:
“The steady increase in our users' holdings in major cryptocurrencies is a testament to the trust and confidence our users place in OKX. We are committed to maintaining the highest standards of transparency and security.”
Significant increases in BTC, ETH and USDT holdings indicate a growing user base and increased investment activity on OKX.
*This is not investment advice.
