Binance Announces New Proof-of-Reserve Report: Here’s the Amount of Altcoins It Owns! “Important Barrier Crossed”

world’s largest cryptocurrency Binance exchange announced that the value of the funds it holds for its users exceeds 100 billion dollars.

In its official blog post, the company attributes this success to strong fund inflows and rising digital asset prices.

Binance stated that it maintains a 1:1 ratio for all user funds with additional reserves, and presented the Proof of Reserves March report, which it claims proves this, to users’ review.

Here is the amount of assets held by the company as recorded by Binance’s Proof of Work system:

Bitcoin (BTC): 580,464,411

Tether (USDT): 21,608,372,764,925

Ethereum (ETH): 4,120,427,187

Binance Coin (BNB): 33,106,240,684

Solana (LEFT): 32,800,606,586

FDUSD: 2,851,390,915,545

Ripple (XRP): 3,076,385,757,559

USD Coin (USDC): 1,384,219,651,993

TrueUSD (TUSD): 279,056,972.003

Dogecoin (DOGE): 13,613,483,396,957

Polygon (MATIC): 1,117,396,443,958

Polkadot (DOT): 118,147,517,071

Chainlink (LINK): 54,591,680,875

Shiba Inu (SHIB): 71,667,579,798,130

Arbitrum (ARB): 337,234,739,428

Litecoin (LTC): 6,076,307.86

Optimism (OP): 118,216,643,272

Chiliz (CHZ): 2,653,570,768.616

Uniswap (UNI): 36,420,059,436

Aptos (APT): 27,577,378,535

The Graph (GRT): 799,992,808,642

SSV: 3,848,037,616

Chromia (CHR): 390,837,089,979

Enjin Coin (ENJ): 243,923,137,756

Changpeng Zhao, the founder and former CEO of Binance, announced in his statement today that he would launch a new cryptocurrency project after a long time. Zhao had clarified that this would not include the launch of a new token.

*This is not investment advice.