Kraken: The latest proof of reserves has been completed, covering customer assets worth over $21.5 billion

ChainCatcher news, according to official sources, the cryptocurrency exchange Kraken has announced that it has completed its latest proof of reserves.

This independent procedure conducted by a third-party accountant allows customers to verify that their account balances are fully backed by on-chain assets. As of the snapshot on September 30, 2024, these assets are securely held by Kraken to support the cryptocurrencies. This latest proof covers customer assets worth over $21.5 billion, as well as the most widely held cryptocurrencies on the platform: BTC, ETH, SOL, USDC, USDT, and XRP.