OKX Proof of Reserves report showcased $11.2 billion in primary assets.
This is the eleventh PoR report in a row published by the company since FTX downfall.
In a
continuous effort to uphold transparency within the cryptocurrency industry,
OKX has released its eleventh straight monthly Proof of Reserves (PoR) report.
The most recent disclosure reveals a significant holding of $11.2 billion,
primarily in assets like Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).
OKX Publishes Eleventh
Proof of Reserves Report
The PoR
report covers 22 commonly traded digital assets, including BTC, ETH and USDT.
OKX has consistently maintained a reserve ratio exceeding 100% for 11 straight
months across all these assets. The current reserve ratios for the three mentioned
tokens stand at 102%, 103%, and 102%, respectively.
Compared to
the results reported in August, the reserves increased by $800 million, rising
from $10.4 billion to $11.2 billion. However, when compared to July, they
slightly decreased, shrinking by $100 million. It's important to note that
their value primarily depends on the prices of digital assets, which were
testing their yearly highs in July.
"We've seen
hundreds of thousands of users engage with our PoR, visit our PoR page and view
their self-audits since late 2022,” commented Haider Rafique, the Chief Marketing
Officer at OKX. “The open-source verification tool allows users to
independently verify our solvency and confirm their assets are backed by our
reserves while maintaining their privacy.”
Reserve ratios at OKX exchange. Source: OKX
In its
latest press release, the exchange noted that it had received the highest
possible quality rating among major cryptocurrency exchanges from Nic Carter, a
respected industry expert on blockchain. He referred to the exchange as the
"gold standard" of PoR reports.
Crypto Users Think PoR Reports
Are Important
OKX is the
only major cryptocurrency exchange that consistently publishes its PoR reports.
The Proof of Reserves serves as a tool enabling crypto exchanges to show they
possess enough reserves to back the digital assets held by their customers.
This is vital for sustaining confidence and safety in a sector frequently
criticized for its opacity. Regular PoR reports reassure users and establish a
benchmark that encourages other exchanges to enhance their transparency,
thereby improving industry norms.
PoR reports' popularity surged following the FTX exchange's downfall in
November 2022. These reports aimed to calm users who were anxious about withdrawing
their assets from decentralized exchanges.
In August,
OKX conducted two Twitter surveys to gauge public sentiment about the
importance of PoR and transparency in choosing a crypto platform. The results
were telling: 84% of respondents considered monthly PoR reports either “somewhat
important” or “very important,” while 88% emphasized the importance of
transparency.
“We have
invested an incredible amount of time and resources in developing the best PoR
in the industry, and the statistics show that crypto users value this,” added
Rafique.
In a
continuous effort to uphold transparency within the cryptocurrency industry,
OKX has released its eleventh straight monthly Proof of Reserves (PoR) report.
The most recent disclosure reveals a significant holding of $11.2 billion,
primarily in assets like Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).
OKX Publishes Eleventh
Proof of Reserves Report
The PoR
report covers 22 commonly traded digital assets, including BTC, ETH and USDT.
OKX has consistently maintained a reserve ratio exceeding 100% for 11 straight
months across all these assets. The current reserve ratios for the three mentioned
tokens stand at 102%, 103%, and 102%, respectively.
Compared to
the results reported in August, the reserves increased by $800 million, rising
from $10.4 billion to $11.2 billion. However, when compared to July, they
slightly decreased, shrinking by $100 million. It's important to note that
their value primarily depends on the prices of digital assets, which were
testing their yearly highs in July.
"We've seen
hundreds of thousands of users engage with our PoR, visit our PoR page and view
their self-audits since late 2022,” commented Haider Rafique, the Chief Marketing
Officer at OKX. “The open-source verification tool allows users to
independently verify our solvency and confirm their assets are backed by our
reserves while maintaining their privacy.”
Reserve ratios at OKX exchange. Source: OKX
In its
latest press release, the exchange noted that it had received the highest
possible quality rating among major cryptocurrency exchanges from Nic Carter, a
respected industry expert on blockchain. He referred to the exchange as the
"gold standard" of PoR reports.
Crypto Users Think PoR Reports
Are Important
OKX is the
only major cryptocurrency exchange that consistently publishes its PoR reports.
The Proof of Reserves serves as a tool enabling crypto exchanges to show they
possess enough reserves to back the digital assets held by their customers.
This is vital for sustaining confidence and safety in a sector frequently
criticized for its opacity. Regular PoR reports reassure users and establish a
benchmark that encourages other exchanges to enhance their transparency,
thereby improving industry norms.
PoR reports' popularity surged following the FTX exchange's downfall in
November 2022. These reports aimed to calm users who were anxious about withdrawing
their assets from decentralized exchanges.
In August,
OKX conducted two Twitter surveys to gauge public sentiment about the
importance of PoR and transparency in choosing a crypto platform. The results
were telling: 84% of respondents considered monthly PoR reports either “somewhat
important” or “very important,” while 88% emphasized the importance of
transparency.
“We have
invested an incredible amount of time and resources in developing the best PoR
in the industry, and the statistics show that crypto users value this,” added
Rafique.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
Crypto Hacks, Theft Hit $3.4B in 2025, North Korea is Top Threat
How FYNXT is Transforming Brokerages with Modular Tech | Executive Interview with Stephen Miles
How FYNXT is Transforming Brokerages with Modular Tech | Executive Interview with Stephen Miles
Join us for an exclusive interview with Stephen Miles, Chief Revenue Officer at FYNXT, recorded live at FMLS:25. In this conversation, Stephen breaks down how modular brokerage technology is driving growth, retention, and efficiency across the brokerage industry.
Learn how FYNXT's unified yet modular platform is giving brokers a competitive edge—powering faster onboarding, increased trading volumes, and dramatically improved IB performance.
🔑 What You'll Learn in This Video:
- The biggest challenges brokerages face going into 2026
- Why FYNXT’s modular platform is outperforming in-house builds
- How automation is transforming IB channels
- The real ROI: 11x LTV increases and reduced acquisition costs
👉 Don’t forget to like, comment, and subscribe.
#FYNXT #StephenMiles #FMLS2025 #BrokerageTechnology #ModularTech #FintechInterview #DigitalTransformation #FinancialMarkets #CROInterview #FintechInnovation #TradingTechnology #IndependentBrokers #FinanceLeaders
Join us for an exclusive interview with Stephen Miles, Chief Revenue Officer at FYNXT, recorded live at FMLS:25. In this conversation, Stephen breaks down how modular brokerage technology is driving growth, retention, and efficiency across the brokerage industry.
Learn how FYNXT's unified yet modular platform is giving brokers a competitive edge—powering faster onboarding, increased trading volumes, and dramatically improved IB performance.
🔑 What You'll Learn in This Video:
- The biggest challenges brokerages face going into 2026
- Why FYNXT’s modular platform is outperforming in-house builds
- How automation is transforming IB channels
- The real ROI: 11x LTV increases and reduced acquisition costs
👉 Don’t forget to like, comment, and subscribe.
#FYNXT #StephenMiles #FMLS2025 #BrokerageTechnology #ModularTech #FintechInterview #DigitalTransformation #FinancialMarkets #CROInterview #FintechInnovation #TradingTechnology #IndependentBrokers #FinanceLeaders
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
