One Year of 'Don't Trust, Verify': Our Industry Leading Proof of Reserves

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For over a year, the crypto industry has been navigating a pivotal shift—one defined by transparency, accountability, and user empowerment. At the heart of this transformation lies a simple but powerful principle: Don’t trust, verify. This isn’t just a slogan; it’s a commitment that has guided OKX’s actions since the aftermath of the FTX collapse, which sent shockwaves across global digital asset markets.

Today, we mark the publication of our 12th consecutive Proof of Reserves (PoR) report—an industry-leading milestone demonstrating our unwavering dedication to transparency. Over the past twelve months, we’ve published hundreds of thousands of blockchain addresses, developed open-source verification tools, and refined our reporting methodologies long after public attention moved on. Our latest audit confirms that OKX holds $12.5 billion in BTC, ETH, and USDT, representing 103% of user liabilities. This data is fully verifiable by anyone on the blockchain.

👉 Discover how easy it is to verify digital asset reserves with cutting-edge tools.

Why Proof of Reserves Matters More Than Ever

The collapse of FTX was more than a corporate failure—it was a systemic breach of trust. Customer funds were misused, promises were broken, and confidence in centralized platforms plummeted. In that moment of crisis, many firms were forced to reevaluate their practices. For OKX, it reaffirmed what we already knew: conservative risk management, full reserve backing, and radical transparency are non-negotiable.

Since our founding in 2017, we’ve operated with a long-term vision rooted in stability. We are not a trading firm. We do not engage in high-risk financial engineering or speculative balance sheet maneuvers. Instead, we focus on building robust infrastructure for the future of finance—secure, scalable, and user-first.

This foundation has allowed us to grow into one of the world’s largest digital asset platforms, serving over 50 million users globally. But growth without trust is meaningless. That’s why PoR isn’t just a compliance exercise—it’s a core component of our mission.

A recent survey revealed that 67% of crypto users believe monthly Proof of Reserves reports are “very important.” In an industry where consensus is rare, this level of agreement speaks volumes. Users want proof—not promises.

Building Trust Through Technology and Transparency

Transparency only matters if it’s actionable. That’s why we don’t just publish wallet addresses—we empower users to verify them independently.

Using zero-knowledge proofs and open-source tools, anyone can cryptographically confirm that OKX holds sufficient assets to cover all user balances—without exposing sensitive data. These tools are freely available, with step-by-step instructions to guide both novice and advanced users through the verification process.

This technological approach sets a new standard: transparency that doesn’t compromise security.

We’ve also expanded our global footprint with strategic launches across Europe, including fully regulated exchanges in France, Spain, Germany, and Poland, enabled by MiCA passporting from our Maltese headquarters. These aren’t just market entries—they represent our commitment to operating within clear regulatory frameworks while delivering secure access to digital assets.

👉 See how leading platforms are setting new standards in compliance and security.

Security Beyond Reserves: ISO/IEC 27001 Certification

Trust extends beyond balance sheets. It encompasses how we protect user data, manage systems, and respond to threats.

We’re proud to announce that OKX has achieved ISO/IEC 27001:2022 certification, the world’s most respected standard for information security management systems (ISMS). This certification validates that our internal security protocols meet rigorous international benchmarks for data integrity, confidentiality, and operational resilience.

From encryption standards to employee access controls, every layer of our infrastructure undergoes continuous auditing and improvement. This isn’t about checking boxes—it’s about building a culture of security that evolves with emerging threats.

Innovating for the Future: OKX Wallet & OKX Pay

While transparency builds trust, innovation drives adoption.

Over the past year, we’ve invested heavily in developing the OKX Wallet—one of the most feature-rich Web3 wallets on the market. It enables seamless access to decentralized applications (dApps), NFTs, DeFi protocols, and multi-chain assets—all in one intuitive interface.

But we’re not stopping there.

We’ve also launched OKX Pay, a first-of-its-kind crypto payment solution embedded within the OKX app. Designed for mass adoption, OKX Pay simplifies peer-to-peer transactions and paves the way for everyday crypto use. Starting with select markets and rolling out globally in the coming months, this product represents a major leap toward making digital assets practical for real-world spending.

Expanding Into the U.S.: A New Era for Web3

The United States stands at the forefront of financial innovation—and now, OKX is bringing its vision stateside.

With the appointment of Roshan Robert as CEO of OKX US, we’re accelerating our efforts to provide secure, compliant access to digital assets for American users. Our goal is clear: bridge traditional finance with Web3 through transparent products that meet regulatory expectations without sacrificing user experience.

This expansion isn’t just about growth—it’s about shaping the next chapter of crypto with responsibility at its core.


Frequently Asked Questions (FAQ)

Q: What is Proof of Reserves?
A: Proof of Reserves is a cryptographic audit that verifies a platform holds sufficient assets to cover all user deposits. It allows independent validation that customer funds are backed 1:1—or more—by real on-chain assets.

Q: How often does OKX publish Proof of Reserves?
A: OKX publishes Proof of Reserves reports monthly, making it one of the most consistent and transparent platforms in the industry.

Q: Can I verify OKX’s reserves myself?
A: Yes. Using open-source tools and zero-knowledge verification methods provided by OKX, any user can independently confirm the validity of our reserve holdings.

Q: What does 103% reserve ratio mean?
A: A 103% reserve ratio means OKX holds 3% more in assets than user liabilities, providing a buffer against market volatility and ensuring full coverage even under stress conditions.

Q: Is OKX regulated in Europe?
A: Yes. OKX operates fully regulated centralized exchanges in multiple European countries—including France, Spain, Germany, and Poland—through MiCA-compliant licensing from Malta.

Q: What is the significance of ISO/IEC 27001 certification?
A: This certification demonstrates that OKX meets international best practices for information security management, ensuring robust protection of user data and systems.


The principle of “Don’t trust, verify” has become more than a response to past failures—it’s a blueprint for the future of digital finance. As we reflect on one year of consistent transparency, our focus remains unchanged: build infrastructure grounded in trust, secured by technology, and open to all.

Whether you're an existing user or exploring crypto for the first time, we invite you to examine the evidence for yourself. Ask questions. Test the tools. Verify the data.

👉 Start verifying digital asset platforms with confidence today.