OKX publishes proof-of-reserves report showing $7.5 billion in ‘clean assets’

OKX has $7.5 billion in reserves, and these reserves do not contain its native token, according to a report published by the exchange on Thursday.

Accordingly, as of January 18, OKX said it was holding 117,682 BTC, 1,178,993 ETH and 2.9 billion USDT. The report shows the exchange is overcollateralized with a reserve ratio of 105% for Bitcoin (BTC), 105% for Ethereum (ETH), and 101% for USDT.