A Message from OKX Chief Marketing Officer Haider Rafique
Today marks a significant milestone: our 12th consecutive Proof of Reserves (PoR) publication, reinforcing OKX’s commitment to transparency and trust. Over the past year, we’ve:
- Published hundreds of thousands of blockchain addresses for public verification.
- Developed open-source tools to empower users to independently audit reserves.
- Maintained 103% reserves (USD $12.5B in BTC, ETH, USDT) against user holdings.
Why Proof of Reserves Matters
The collapse of FTX in 2022 exposed systemic risks in crypto—broken promises, misused funds, and eroded trust. At OKX, we responded by doubling down on transparency:
- Conservative Business Model: Unlike trading firms, we prioritize robust infrastructure over speculative risks.
- Product Leadership: Launched the OKX Wallet, a gateway to seamless Web3 access.
- Global Trust-Building: Rebranded (OKEx to OKX), grew to 50M+ users, and amplified our mission to Rewrite the System.
Survey Insight: 67% of crypto users deem monthly PoR "very important" (August 2023 data).
Expanding Our European Footprint
France, Spain, Germany & Poland: Regulated Market Entries
Under MiCA guidelines, OKX Europe CEO Erald Ghoos highlights our fully regulated exchanges in:
| Country | Key Achievement |
|----------|------------------------------------------|
| France | MiCA-passported from Malta HQ |
| Spain | Localized crypto services |
| Germany | Compliance-first approach |
| Poland | User-centric trading solutions |
👉 Explore OKX’s global services
ISO/IEC 27001 Certification
Our information security management meets the highest global standards, ensuring:
- Data protection for customer assets.
- Risk mitigation against cyber threats.
Innovations & U.S. Expansion
OKX Pay: Crypto Payments Simplified
CEO Star Xu introduces OKX Pay, a sub-app enabling crypto transactions for 100M+ users.
U.S. Market Strategy
OKX U.S. CEO Roshan Robert outlines plans for compliant, transparent crypto access, aligning with traditional finance.
FAQs
Q: How often does OKX publish Proof of Reserves?
A: Monthly—verified via blockchain and open-source tools.
Q: What currencies are included in PoR?
A: BTC, ETH, and USDT (103% coverage).
Q: Is OKX available in Europe?
A: Yes, in France, Spain, Germany, and Poland under MiCA regulations.
Q: What’s next for OKX?
A: Expanding secure, regulated services globally.
© 2025 OKX. All rights reserved. Reproductions must cite original source.
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