Renowned trading platform releases latest reserve report: total exceeds 10.8 billion USD

Recently, a leading cryptocurrency trading platform released its latest reserve report. The data shows that as of May 8, the total value of the platform's reserves reached $10.865 billion, with a total reserve ratio of 128.57%. Notably, the platform's excess reserve amount reached $2.415 billion, demonstrating its strong financial strength.

In terms of the reserve situation of various assets, the reserve ratio of Bitcoin ( BTC ) is 137.69%, an increase of 2,802 coins compared to the previous period. The reserve ratio of Ethereum ( ETH ) is 121.36%, an increase of 188,563 coins. The reserve ratio of USDT stablecoin is 102.63%, an increase of 441,334,786 coins. In addition, the platform's own platform token, Dogecoin ( DOGE ), and Ripple ( XRP ) all have reserve ratios exceeding the 100% benchmark, reaching 178.50%, 109.19%, and 116.72% respectively.

The trading platform has always prioritized the security of user assets and trust, continuously promoting the innovation and upgrade of reserve auditing technology. The platform employs zero-knowledge proofs and Merkle tree structures, allowing users to verify whether their assets are included in the reserves without disclosing personal asset details. At the same time, the platform combines hot and cold wallet authorization and balance snapshot technology to form a complete data closed loop, enabling users to independently verify through a dedicated page.

To enhance transparency, the platform regularly updates its reserve data and provides verification paths and report summaries, making it easier for users to understand the asset structure and reserve levels of the platform. Currently, the platform's reserves cover most mainstream cryptocurrencies, demonstrating a strong ability to respond to market conditions and laying a solid foundation for the stable operation and long-term development of the platform.

Looking to the future, this trading platform stated that it will continue to leverage its advantages in operational transparency and technology application, constantly exploring new technological breakthroughs, and collaboratively building a more secure and trustworthy digital asset trading ecosystem with global users.

It is worth noting that although the platform exhibits a good asset reserve situation, investors should remain cautious and seek independent professional advice when making any investment decisions. At the same time, users should also be aware that certain regions may be subject to service restrictions or prohibitions.