March 30, 2023

Binance, the world’s leading cryptocurrency exchange, has added 11 additional tokens to its proof-of-reserves (PoR) report. The company announced on Tuesday, March 7th, that it now holds over $63 billion across 24 assets in its proof of reserves system. The tokens added to the report include MASK, ENJ, WRX, GRT, CHR, CRV, 1INCH, CVP, HFT, SSV, and DOGE. Bitcoin, Ether, and Tether (USDT) are the top three assets on the exchange, accounting for $12.7 billion, $7.1 billion, and $5.7 billion, respectively. However, the results have not been audited by any external accounting firm at the moment. Binance’s PoR report is designed to provide transparency and accountability to its users, ensuring that the exchange holds the assets it claims to have.

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